Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-06-08
MARKET SCORES ADVANCE OF I!
CENTS BECAUSE OF BETTER
SHIPPING DEMAND.
MODERATE RECEIPTS AN
AID TO PRICE LIFT
Sellers Believe End Of Lowering Prices
Is at Hand and That Predicted Big
Decline in juno Is Past-Cattle Hold
Steady While Sheep and Lamb
Trade Shows Improvement.

| Chicago, June 8.-The slumpy condi-
| tons of the hog market were removed
! today, when prices advanced Is cents
compared to Wednesdays close. Mod
! crate receipts. combined with fair
shipping demand, was responsible for
| the upturn.
| Eleven markets received 10000 hogs
! Wednesday, or $500 less than last
Wednesday. $500 less than year ago
and $500 less than two years ago. To-
tai the first half of this week. 10000,
, or 5000 more than the same period last
week, $500 more than like time last
year and 5000 less than correspond
ing three days two years ago. Total
for 1915 to date. IA, 15S,000, or $4,000
more than same period 1915 and 1851, =
600 more than same period 1915 and
$4,000 more than corresponding time
1914.
A heavy June run Of hogs has yet
to materialize, but packers are making
good progress with their campaign
which has for it's objective a common
price below 50. Spectators have
thrown up the sponge and packers are
running the market. 1t remains to be
seen whether the country will refuse to
stampede or become panicky and throw
hogs over. Since the high spot May
10 cost-of droves has declined abou.
so cents per cwt and packers promise
to make it a dollar before the end of
the week. Fay ing more than S1a cents
at interior points Is now dangerous.
Cattle.
The cattle market steadied today, and
even medium grades felt the effects of
better demand from killers and specu-
lators.
Demand for weight. coupled with
choice quality. was never keener than
now, and aside from Christmas season
prices for prime steers never were
higher. Only in a few instances, in
fact, have Christmas beeves sold at bet
ter levels than prevailed for choice
beeves today, which had quality far less
fancy than the Christmas beeves.
A fair share of the grassy stuff off a
little corn. light in weight and common
il quality. went down to 1926 @s65,
and the poor little $50 to 800 pound
steers, such as were too common for
feeder buyers, landed down to $500,
tho these formed a slim quota of the
run. 1t was, in fact, a small proper
ton of steers for beef trade below
sS.75, and a range of sS.S5 q $50 took
most of the 1000 to 1,10O-p pound
warmed up stuff. while few 1900
pound steers sold below s9S5 and bulk
of medium TO good 1850 to 1850 pound
stuff made se.9o@1O.40, kinds above
| that price approaching choice quality.
Sheep.
Sheep held steady with cattle and
hogs.
: Lamb prices enjoyed a boost of ma
/ terial consequence, but sellers had to
have the goods to get in on the rise.
The plain and n-between offerings were
as hard to sell as the past few days,
and that is saying considerable but
buyers had no place for them and bids
were hard for sellers to get. The fair
to good lots went strong to 10 cents
higher than yesterday, while the choice
to prime arrivals were up 1920 cents.
The inferior kinds were cleared on a
catch as catch can" basis, and GER
tainly proved no higher.