Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-12-16

Chicago, Dec. 16.-Big receipts today
weakened the market for hogs.
Eleven Markets yesterday received
166.100 hogs, or 39,100 more than last
Wednesday, $500 more than year
ago and $4,000 more than two years
ago. Total the first naif Of this week,
474000 or $4,000 less than same period
last week, l26,O00 more than like time
last year and 100000 more than cor
responding days two years ago Total
for 1915 to date, 25.036, 900, or 2,S69,000
more than same period 1914 and 1856. =
900 more than sponding time 1918.
Inferior to good mixed packing lots
sold Wednesday at 6.15 q $40. Mediums
land butchers went at 6.45 SIS. Poor
Ito heavy packers cleared at 6.35 q $50
and rough heavy packers at 6.0o@6.4o.
Light weights had good action and
sold to best advantage on the market.
Sales were at 6.00@6. Selected,
packing and shipping lots ranged at
6.45 $50.
While the market was very unsettled
for matured hogs, it was a good deal
for pigs. Demand was keen and prices
ruled largely 10@15 cents higher than
Tuesday. Sales were at $500 sos,
most of the good grades landing at
575 a 500 Stays sold ct SIS S.65.
boars at 250@3.50, throwouts at 4.75
45.50. and governments at 2.00@4.50.
Quality Of hogs was considerably
better. which accounted for the larger
number Of relative high sales. Ship
pers, spectators and smaller packers
proved good competitors at the start
and added some action to the market,
while the larger packers held off and
acted bearish.
Cattle.
Offerings of cattle were Of unattrac-
tive quality.
The moderate run balanced well with
demands Shippers were fair buyers
of choice grades and packers call for
them was stronger than for medium
to good kinds. Thus the best actors
were beeves Of value above 800. and
especially around $50 and higher That
kind showed 40@5o cents advance in
most cases over low point last week
and there was some healthy demand
for the heavy beeves at the advance to-
day as compared with very weak
condition Of the market in that kind a
week ago.
Choice to prime grades Of handy and
yearling stuff were as well wanted and
sold at IKE advances over recent low
point, but the run carried few little
cattle which were appraised up in the
high notches. and. nothing as fancy as
the Christmas beeves of Monday. such
as sold at 11.oo@11.so. was offered to-
day. -as
While a week ago there were severe
declines and greater trregularity in the
to a rx,ht q
past. a roster condition generally is
now shown and the immediate future
prospect is also luminous. provided the
country does not dump a big gluts OF
supplies here in Christmas week.
It must be borne in mind that Christ
mas week. and as we'll the week fol-
! lowing, will bring out big poultry COM
petition in the market and beef will be
due to suffer some shrinkage in con-
sumption. This, however, should be
only temporary.
An immense volume Of beef is going
into consumption now, the result OF a
stronger labor market. and with the
industries running full time. beef con-
sumption is bound to increase rather
than fall off. Were the outlet for beef
no broader than a few months ago, it
is certain that the market could not
have shown such strong recuperative
power as Is now noted compared with
week ago. ~
There have been instances of much
more than so cents advance in prices
! over low time last week in the trade
for sS506s.50 kinds which a week ago
were a hard selling proposition at low
levels. This is evidence sufficient to
warrant belief of a lot Of stability in
beef demand. .H-