Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-06-01
MARKET IN CHICAGO WEAKENS
BECAUSE OF RECEIPTS At
OTHER POINTS.
PRICES GENERALLY
CENTS UNDER MONDAY
Cattle Trade Holds Firm, With Range
Somewhat Narrowe~Strength De-
veIopes in Sheep and Lamb Division
Because Of Light offernss-Review
Of Market Conditions.

Chicago. June Hog prices weak
| ened today as result of generous ar
| rivals at other western centers. Prices
were cents under Mondays average.
Eleven markets received 135,600 hogs
Monday, or $500 more than last Mon
day. 34.1O0 more than year ago and
! $500 more than two years ago. Chi
caso had much lighter run than ex-
pected, but other western markets were
we'll supplied, while all eastern markets
reported liberal receipts. Total offer
ings the first five months this year
Appropriated 1l,9lS.000, or 1.923,oo0
more than hme period 1914 and l,429,-
600 more than corresponding time 1913.
Cattle.
Cattle trade held firm, with range OF
prices somewhat narrower.
Yearling market still wore no bright
spots A small quota was here, but il
proved enough. Only a few choice year
lings Went around $500, and while they
were little higher than the mean close
noted for such kinds last week, the
rank and file of medium to good year.
lings showed scant oetterment and for
the common and decent stuff it was
still a slow going trade.
Killers action in this line of trade
we'll showed an unfavorable demand
situation to exist in the beef line as re-
CARDS yearlings and they claimed TO
have considerable surplus of yearling
beef on hand. Until this is worked off
good business policy on part of owners
would seem 10 be shown in supplying
the market with light crop of this
class of goods. especially the unfinished
yearlings. That the demand will come
back is certain. The trade merely
needs a little nursing.
Heavies of good to choice grade are
getting now as good demand as they
ever got in months past, and the con-
ditions augur for even better things.
May advance Of 7bc s1.0O in the mar
ket for heavies Is expected TO be mere
ly starter toward even a higher level
as the season ages, and 1t Is clearly
shown that predictions Of summer
shortage Of heavy beeves were con-
sastently uttered. Packers and the east
ern houses now realize fully the short
age of big finished beeves they will
have access to in the next few months
and they are in no position to resist
strong price advances on that kind
Beef for the armies Of the allies in
the western theater of the European
war is to be sent in the shape OF live
cattle. Scarcity Of refrigerator space
on ocean steamers has necessitated
this innovation. Packers who have
enormous contracts with the British
and French governments have been
buying fat steers in Iowa on an $3.50
basis for week past and are in the
market for more, both at Chicago and
in the country AS the visible supply
is short this means enhancement of
values and increased cost of beef to
domestic consumers. The United States
is the sole source Of live cattle sup
ply at this juncture, and as tramp
steamers can be utilized for carrying
them feeding the armies is thus facil-
itated. Prediction is confidently made
that all previous price records will be
ecllpsed.
Sheep.
Strength developed in the sheep and
lamb market today. because Of light
ness of arrivals