Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-07-01

Chicago, July HOG prices tooh
an upward swing today. influenced ny
the fact that arrivals fell far short OF
the expected number.
Eleven markets received only $4,000
hogs Friday, or $4,000 less than last
Friday, 249OO less than a year ago ana
42OO less than two years ago. oftef-
ings beyond Chicago were unusually
light and even eastern markets report
ed smaller receipts than expected.
Total thus far this week $4,000, or H.
600 less than same period last week,
$4,000 less than like time last year ano
5000 less than corresponding five days
two years ago. Total for 1916 to date
1888, 900, or ], 752, 900 more than same
period 1915 and 3,696,000 more than
corresponding time 1914.
Cattle.
Most of the cattle were consigned TO
killers direct.
Decrease in the weeks run has
helped the market for the medium and
lower qualities, but a decrease in the
movement of good grades failed to
son that demand for this beef has OBJ
viously dropped proportionately harder
than has the supply. :
Hot weather is putting beef TRADE
into mean shape. 1t is obvious that
the limit of consumer purchasing pow
er was reached recently wnen record
prices prevailed and reaction was in
evitable as result Of reduced consump
ton of beef, high temperatures induc-
ing change to a lighter diet as means
of lodging exorbitant beef cost.
Five days run this week at 1920
against 1850 a week ago and 44,OS4
a year ago, while at seven markets
receipts were 900 in this period, a
decrease of 1900 from last week and
1000 more than a year ago.
Killing beds will be idle Tuesday,
July 4, and market will be closed. The
fact that most of next Mondays pur-
chases must be carried over for
slaughter until Wednesday Is bound to
operate in cutting down local demand
that day, and the trade is urging a
light Monday run. Market conditions
warrant no very generous loading. The
estimates for Monday ranged at 10000
to $1,000. A year ago the Fourth fell
upon Sunday and Monday, the 5th,
was not observed as holiday in the
trade
No meat shipments were loaded at
Buenos Aires for the United States
this week, and none have come from
there since the week ending April %
Shrinkage in year to date shipments
is marked, only $4,000 quarters being
forwarded. against 27S,O00 up to this
time a year ago,
"Sheep.
Bulk Of sheep and lambs arrivals
went direct TO big killers. Is
What will happen next week is any
mans guess AS holiday conditions viii
intervene to upset all calculations.
Buyers assert with all positiveness
that dressed market conditions are
now such as to warrant further de-
clines, but the prospective supply is
calculated to induce a more bullish
feeling on the part of sellers. At this
date only about sixty doubles of range
stock are known to be en- route to Chi
cago, tho some more will probably
show up before the coming week is far
advanced. The holiday will eliminate
the Tuesday session next week and
probably curtail shipments of native
stock for the Monday and Wednesday
markets. If It does, better prices a~e
we'll within the range of probabilities.
It will be remembered that killers put
the top on spring lambs down from
s1050 to $50 from June 20 to July II
last year, but that they, will Ne able to
perform any such stunt this year APP
pears impossible, for they will have
avid demand at record summer prices
for feeding stock to buck, shorter
s,lppIy Of good western lambs than q