Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-05-30
MARKET TURNS FIRM WHEN RE-
cEtPrs PROVE LESS THAN ID
PREDICTED.
ENTIRE MARKET STRONG
TO SHADE OVER MONDAY
Bulk Of Cattle Offerings Unattractive
and Market Turns Weak - Most OF
Sheep and Lambs, Go Direct to Kill
ers-Priees Going Downward - Re-
view Of Market Conditions.

Chicago, May 30.-Arrivals Of hogs
| today proved to be less numerous thar
the trade had looked for.
| Top hogs Monday sold at $3.50, be-
! ing 10 cents lower than Saturday. and
the lowest top since April 81. when the
same price was paid. Barring the
latter day. the top went back to April
II, when 1915 took the best The com
mon quality of hogs last week and the
relative lower market for them caused
the range Of prices to widen then, and
it remained so today. While prime
butchers sold up to sa.T5 to SO. so. many
light hogs have to sell down around
SO. 40 to $3.50
Eleven markets received $4,000 hogs
or 1900 more than last Monday. 1,10c
less than a year ago and 37.1O0 more
than two years ago Altho every mar
ket was well supplied. the most notice
able increase was at St. Paul. Total
for 1915 to date 1s.477.o0o or 1,745,ooc
more than he same period 1915 and
1914.
Cattle.
Most Of the cattle offered were unat-
ira ctlFe qua MY.
1t may he contended. and rot with
out reason, that abnormal conditions
are responsible for present market
conditions European demand con-
seuuent on the war has u1doubt-
ly been factor. but the chief element
Of market prosperity is industrial ac-
tivity. To what extent beef consump-
ton has been stimulated by necessity
for filling the dinner pail needs little
speculation. hut the influence exerted
by the European situation on American
Industries is harder to gauge. There Is
warrant for the prediction. however.
that no bargain sales will be possible
at the cattle market The public has
a beef appetite. competition among
killers Is keen and scarcity OF cattle is
admitted Counting tails. receipts at
western markets this year show a con-
sdera BILE increase over the similar
period of 1918. but reckoned on ton
mage basis there has been serious
contraction in beef production Cattle
are not carrying weight and after the
experience OF last year there IS little
disposition among feeders to hold
bullocks until they show Jumps. Close
gathering has been the rule and will
be.
sheep.
To a considerable extent sheep anc
lambs went direct to killers.
The slump Monday pulled the best
dry-fed shorn lambs down. to s10-25
both Colora dos and fed westerns of
choice tidy weight class making tho
price, and put most Of the very good
handy fed lambs down to SO to 1910,
with some at the latter figure similar
to s1oS5 lambs late last week and
s11.15 stock a week ago. Some strict
ly choice. but weishty fed westerns
sold at $3.50 and a fairish light kind
at 80. under a sort. while $3.50 stopped
most anything in the native delegation.
most Of the latter being grassy and
fair sort selling down around 80.
Spring lambs sold downward from
$3.50. among them a f1ve-car string
OF CALIFORNIA; that carried a long tail
end hut which sold under heavy
sort. 60 per cent going at $3.50. Most
Of the native springs Of good class
made the price. some OF them being
little better than some al s12 late last
week. but others being fully as de-
sirab as $3.50 lambs at that time
and the s1s lambs earlier last week
A plain light kind went around SIC
and culls from 50 down.