Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-05-29

Chicago. May 29.-Iiberal receipts
thruout the west gave downward
swing today to the hog market.
Receipts Of hogs at Chicago for the
week fell down to 124,2O0. a decrease
of 2l,900 compared with the previous
week, 2l.400 compared with the same
week last year and 1900 compared
with the correspondents week two years
ago. During the same week in 1910
only IOS.S49 were received
Average weight of hogs for the week
at Chicago was estimated at eel
pounds, or one pound lighter than the
previous week, ten pounds lighter than
the same week last year and seven
teen pounds lighter than the corre-
spending week TWO years ago. Prime
heavy butchers have become so scarce
that they are selling at premium.
and many Of them have been re-
weighed, influencing the average con-
sderably.
Top hogs at Chicago for the week
made l0.l5. paid on Wednesday,
against 1885 the previous week, which
was the highest since April, lsl".
1871, year ago and SIS two years
ago. Average price figured a.S5, sec
ond highest OF the season. or 10 cents
lower than the preceding week, ~
higher than the same week last year
and ! IS higher than the corresponding
week two years ago.
Eleven markets received 1920 hogs
Saturday, making 506.ooo for the week
or IS. 900 less than the previous week.
1000 more than same week year
ago and $1,000 more than the CORE
sponding week uwo years aso- loLAi
for 1915 to date 13.337.0oo or 1.1i4eoo
more than same period 1915 and 3,o'5,-
900 more than corresponding time l'i4.
Not only did the local price slump our
ing the week, but everywhere eise'
east and west. the market was In PAD
sha pc.
Cattle.
s,,nnlies Of cattle were too pienti,ui
and the market was weak.
The trade does not have fear or any
material reaction In prices Tor prime
steers. but as the season for marketing
prassers approaches there Is expectancy
of a widening Of the price range. Win
the coming of any generous quota OF
steers off grass the trade looks for con-
siderable price spreading, to aitect
chiefly the warmed up and short-1ed
steers. A profusion Of grassers whloh
may be moved prematurely as result OF
nrces proving a strong attraction could
only be expected to make reaction IN
the market logical
Price readjustment, packer buyers
assert, is justifiable. They have pur-
chased thousands of steers recently up
to $40, which made only So TO % =
per cent of beef and carrying a big MI
dead costs were far out of line with
those for the choicest grades selling up
To 5000 and higher. The urgent need
for beef of any and all kinds was cause
for a rush of buying in the first four
DAVIS of the week, but break Tor all
below choice kinds before the close evil
deuced disposition on packers part to
check the upward movement OF prices.
Given anything like a generous run
this week and severe price reaction Will
be due to follow. Grassers from the
southwest are moving now and there Is
fair quota of the native stun which
shows some grassy condition. Let these
grades come in a little freer proportion
and the price list will be bound to suf-
fer. Western points are getting few
Kansas and Oklahoma grassers and a
swelling of that movement would be
bound to force prices lower in the
trade for steers below choice quality.
Sheep.
Offerings Of sheep and lambs were
sufficient to meet ali demands.
DESPITE the sharp decline on late days
prices were firm on Monday, and some
new records on shorn and wooded lots
we're hung up" before buyers gained
control of the situation. General quail
itv was of a high standard. but there