Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-06-20
MARKET TURNS STRONG AND
HIGHER BECAUSE OF CUR
TAILED RECEIPTS.
OFFERINGS DISPOSED OF
READILY At ADVANCE
Market Generally Cents Over Mon
days Averase-Cattle- Market Turns
Weak-Sheep and Lambs Not in
Demand-Revew Of Market Condi.
tions-Current Quotations.

Chicago, June 20.-The hog market
showed strength during the>entire SEES
sion today. fresh arrivals being consid-
cred moderate. Most sales were at an
advance OF cents over Monday.
While prevailing prices are 80 10 80
cents lower tnan last Friday, the high
day last week, they stand - to 10
cents above previous Monday, the low
day last week. e.,
Eleven markets received 14a~s0o hogs
Monday, or 23,60D mole than last Non
day, 27,,600 more than a year ago ana
2S,5O0 more than two years ago. Lcca!
offerings were of liberal volume, but
most of the other western markets
were not excessively supplied. ArrlV-
ais in the east held up well. Total for
1916 to date 15.0l5, 900, or 1,771,00e more
than same period 1915 and 3,636,00S
more than corresponding time 1914
Cattle. .
Altho cattle offerings were not heavy.
the market turned weak, because of the
mediocre quality of those on sale.
Character of current receipts at all
markets indicates that forced gather
ing is in progress, the incentive BENG
high prices and apprehension of wider
spreads The entire country has been
ransacked for weighty cattle and It IS
evident that high dressing bullocks
weighing l,iUo pounds or more Will
continue in class by themselves, but
both market and country conditions
have been right for making the other
kind and heavier receipts Of medium
and common stuff may be expected.
-aa -,,Sf ~, ia hppn nT4cti-
cally all garnered and in the mid-sou:h
grazing regions advanced cattle have
been showing up numerously, Missouri
having been free shipper In centra.
Missouri cattle have already been sent
to the shambles that under ordinary
conditions do not sho" up until July
or August and thousands of feeders
have responded TO the lure of prices by
ordering cars thirty to forty days
ahead Of time.
Advices from the trans-Missouri
grazing region are that market Knuta-
tions are being closely watched and
that gathering will be early. Oklahoma
and Kansas pastures are full of cattle
and they are all doing we'll. Early
loading, altho not in large volume. IS
expected in Wyoming. South Dakota
and Montana, as cattle We're we'll Yin
tered at considerable expense for hay
and have been coming right along since
put on grass.
Just what effect an invasion of Mex
leo by large army. now called into
service. will have upon the market Is
conjecturai but the modifying of
big force Of the state militia along the
border will afford outlet for a heavy
quota of beef in that territory and may
influence larger marketing of: south
west grassers al points near TO the
source of this demand in which event
lessened pressure on the trade for ma
tive pasture cattle should mean more
stable basis of values for them.
Sheep.
Sheep and lambs were weak buyers
holding off for lower prices.
Buyers insisted upon sorting most
consignments. but they had a place for
the Gull grades. Common offerings
were noLsought after by most buyers,
as most orders called for the kinds
showing finish. Duplicates of offerings
here late last week were lacking and
/ accurate comparisons were hard to
make. One double deck Of shorn Col
, orados showed up. but springe-s were
more numerous .han other offerings.
Outside demand was limited, ship
/ pers and city butchers doing little, The
pa ckers' were not active competitors.
either and sellers were dissatisfied
with the tone of the market. con-
sidering the comparatively moder't e
crop on sale. Some of the other west
ern markets were fairly well supplied
and this together with an unsettled
dressed trade. had bearish influence
on the local ituation.