Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-05-17

Chicago, May 17-Lack Of shipping
demand from the east gave the hog
market today a downward slant.
! Receipts of hogs at Chicago for the
week totaled 96,5O0 hogs, decrease OF
/, 42.7oo compared with the previous
week. $4,000 compared with the same
/ week last year and 35,l00 compared
+, with corresponding week two years
ago.
Average weight of hogs at Chicago
was estimated at 231 pounds, or three
pounds lighter than the previous week,
six pounds lighter than same week last
year and eleven pounds lighter than
! corresponding week two years ago. Re-
weighing of many 10 to 22O pound lots
was responsible for the average of Of
( ferings falling off.
Top hogs at Chicago for the week
made s7.95, against s1.I5 the previous
week, $3.50 a year ago and 1855 two
years ago. Average price for the week
figured $3.50. or 10 cents higher than
last week. so cents lower than same
week last year and 80 cents lower than
corresponding week two years ago.
! Saturday, making $4,000 for the week
! the highest since three weeks ago. or
! 10000 less than the previous week, 81
600 less than same week last year and
| Il2. 900 less than corresponding week
two years ago. Total for 1915 to date.
| 1o.725.0 900. or 100000 more than same
period 1914 and 1.373.G0O more than
corresponding time 1913.
Cattle.
Cattle were over plentiful.
a decided falling off in supplies Of
light and immature steers is becoming
evident in the market, and it is dis
tinctly an Indication that the owners
believe that. with good grass before
them such property is best off, from a
financial standpoint. TO be held for pas
ture gains. since Chicago affords the
seller here no opportunity at this time
to take back drove OF thin cattle for
summer grazing
Movement rom river points into Chi
cago territory, however, has been fairly
generous in recent weeks. despite the
high costs OF thin steers in the west.
and as the Illinois sections continue to
keep free of recurrent outbreaks Of dis
ease. it is highly probable that a con-
tinued strong movement OF thin stuff
will be noted into the pastures in the
next six weeks.
a spread of s7.75Gs.s5 took the bulk
Of the weeks run Of plain to strictly
good beeves and fair quota of plain
and medium yearlings made $S.1oIs.40.
these being kinds whose presence in
the market MAS not keenly appreciated
by killers altho they took advances in
the week along with the better classes
of baby beeves
AS matched against the low point in
April market now shows 5oG75 cents
general advance. but there exists now
the belief tina. aside from the very
prime handy and heavy steers, this
gain Is going TO be about all for the
time being. Such a situation, however.
will depend upon marketing sentiment.
Corn planting has kept many cattle
away from market in the past two
weeks. which will doubtless be sent
this way before long, and liberal per-
centase Of heavies will be among them.
There is disposition to cash heavies
now as fast as they are ready in or
der to ge. them out OF the way before
fiy time. but in the case OF unripe
handy steers, good business policy. in
view of the encouraging outlook in the
trade. would seem to dictate the hold
| ing Of that kind
Many immature cattle have gone
! on grass to be held for weeks, and
this will likely mean no materially big
runs to interfere with the bullish trend
! Of affairs in the market
| Costs of beef to the killers have been
! advanced TO highest levels of the year
and advances in wholesale costs have
! followed logically. altho as yet there
| is no recession of consumer call either
here or in the east. It Is mainly the
cheaper cuts which have had price
boosts. but any material further ad-
vance in top steers will naturally force
higher rates for the No. I cuts
| Whether the consumer can stand the
pace Of higher costs on the butcher 8
block is a question. While conditions
generally are more favorable than at
worst period Of industrial depression a
few months ago, It is still doubtful il
purcha sing power Of the public can be
expanded to meet the necessities OF
sharply advancing cattle prices and no,
effect decrease in beef consumption.
! Sheep.
+, Call for sheep and lambs was re-
stricted
RecOEu pFlCeS LOT SHOIN anu WOOl
lambs were recorded during the week
ard the new high mark for woolskins
stood so cents higher than previous
week this year and s1.05 higher than
any other previous year, while clip
pers outdistanced the 1910 record by
35 cents. Closing prices were at the
high point, as the market continued
upward ever since Monday. Shorn and
wooded offerings Jared well turnout and
the light kinds got the preference.
Closing prices for shorn lots were
generally 50175 cents higher and the
bulk showed 61@65 cents advance Best
wooded lots finished 80 cents above q
week ago, and the bulk showed Is cents
upturn. altho odd natives were OF q
class that showed less gain. Spring
ers were in comparatively small do
man on early days. but on late days
were urgently sought after and finished
on basis mainly 50 cents higher than
a week ago. What makes the new
gains SO remarkable IL the fact that
prices at the close OF the previous weed
were remarkably high.
Chicago Livestock.
Chicago. Nay Cettle-Esti