Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-05-06
SEARLY ADVANCE OF CENTS
more THAN LOST WHEN TRADE
~ sLAckENs IN MID-sEssloN.
BIDDING TURNS SLOW AFTER
SHIPPING DEMAND IS FILLED
Few Cattle on Sale and Those Of unat-
tractive Quality-sheep and Lambs
Arriving Go Direct to Big Killers
Review Of Market conditions-Quo-
tations at Live Stock centers.

Chicago. May 6.--Hog prices, altho
firm at the start, turned down grade
today after the shipping demand had
been satisfied. :...
AS for several days past the under
weights Jared poorly owing to the In
creased offerings of this class Of stock.
Most of the 5000 estimated number
left Friday in the pens were on the
underweght order. Some light SOLD
late no better than Thursday. The
shipping demand which was limited
conferred on the heavier kinds.
Eleven markets received 67,700 hogs
Friday, or 1900 less than last Friday,
300 less than a year ago and 1900
more than two years ago. Total thus
far this week $4,000, or 10000 more
than the same period last week, 63,00u
more than like time last year and l5l,-
900 more than corresponding five days
two years ago. Total for 1915 to date
11.794,ooO, or 1858, 900 more than same
period 1915 and 3.459,800 more than
corresponding time 1914.
Cattle.
The few cattle offered were of unat'
tract1ve quality: -
Widening Of the price range has
brought a bigger. proportion OF decent
to good killers off short feed to levels
Of s85O@9 than has been available in
recent weeks. Still packer buyers have
declared that even at the cheaper
prices for these grades compared with
last week, the poorer dressings have
accounted for a higher cost in the beer
than was the case last week. In fact.
some of the $8.50@S.S5 cattle are
claimed to have shown a higher cost
on the hooks than steers costing
around $3.50 and higher This de-
terioration in quality is being given
close consideration by buyers and
there Is strong determination now to
effect wider spread between the In
termediate and the choice classes.
The Position Of the choice grades
seems strong. Not enough OF them are
coming into the market now to afford
buyers opportunity to smash prices.
They need every good to choice bullock
which Is being marketed and there Is
strong indication that as the season
advances this demand will not show
shrnkage. altho the prospect favors
supply shrinkage OF that class OF
steers Corn is running shy In many
sections, and while there Is move
ment to cash big cattle before hot
weather sets in the supply OF tat l.4oo
to 1900 pound and bigger grades In
sight is not such as gives the trade
cause to worry over price prospects.
Southwestern grass cattle shortage
was the factor holding up the interme-
date grades in recent weeks. but kill
ers are showing far less need Tor that
kind now. Some fair movement Of
eastern cattle is noted and shipper call
is favoring good to choice grades In
the local market which laxity In call
for the palmer grades affords stronger
packer dominance over the price sftua-
ton.
Beef trade action is showing some
uneasy action. the result OF Industrial
disturbances in the east and warmer
weather. together with continued high
prices at retail, Is having effect In
stemming consumption to some extent
all of which works against broad
demand in the market for other than
the choice grades.
Sheep.
The lambs and sheep that arrived
went to killers direct.
The run everywhere was Of moder-
ate volume and buyers had no excuse
for holding off. Sorting was q little
more severe this week than most re-
cent weeks and buyers continued to
discriminate against the big weights
The balance of the season will not wit
ness many wooded offerings, az most
owners are shearing stock. Only mod
crate receipts are in sight tor next
week and sellers anticipate a good
, market on the lightweight arrivals but
they have no confidence in the deal or
heavy stuff.
Compared with week ago, the good