Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-05-08
HEAVY RECEIPTS ON OPENING
DAY OF WEEK CAUSES MARKET
TO TURN DOWNWARD.
TRADE SLOW AT LOSS
OF 5 AND 10 CENTS
Cattle Also in Abundant Supply and
PRICES Recede SIishtly-Reeessions in
Values Not Believed to Be Perma-
nent Sheep and Lambs in Album
dance.

Chicago, May Slower prices on
hogs resulted today from liberal re-
ceipts.
Receipts of hogs at Chicago for the
week were the largest since the mlooie
of March at 800, an increase OF ~
900 compared with the previous Week.
$4,000 compared with the same week
last year and 81, 400 compared with the
corresponding week two years ago.
Top hogs at Chicago for the week
made s10.05. paid Monday, against
$40 10 the previous week. 1913 the
same week last year and SS.6I the
corresponding week two years ago.
Average price figured $9.S5, same as
the previous week. against $3.50 year
ago and $3.50 two years ago.
Average weight of hogs at Chicago
for the week was estimated at ZlS
mounds same as the previous week, 10
pounds lighter than the same week lasl
year and Is pounds lighter than cor
responding week two years ago. Re
weighing of many loads of heavy
butchers brought the average up
slightly but the country arrivals
looked lighter.
Eleven markets received 41,200 hogs
Saturday. making $4,000 for the week.
or $1,000 more than the previous week
$4,000 more than the same week last
year and $4,000 more than the CORE
spending week two years ago. Iotal
for 1916 to date l.S36,06 or l.bs4o"o
more than same period 1915 and 3.4S6.-
600 more than corresponding time 1914.
Cattle.
Cattle were in abundant supply ana
the market turned weak.
Beef trade is apparently in healthy
condition. Killers are carrying little
stuff on the hooks and are not aole
to give product the usual chilling time
before sending it unto distriouti'e
channels. Despite carcass cost which
is much higher than a year ago oee1
is vending promptly and more OF IL
could be used. Eastern Industrial Gen.
tiers that were buying only small pack
ages during the depression PERIOD a
year ago are constantly filing large
and urgent orders. The strike situa-
ton is causing uneasiness, the mlcrooe
being busy in seasonable manner out
labor troubles cut less figure than
year ago as every body is working ana
even with half million temporarily
idle taking the country as a Who4e.
beef consumption will not be seriously
curtailed. Strikers have money ana
there is a general disposition 10 ad-
Just labor troubles promptly. as both
sides are heavy losers under present
high pressure conditions
So far as choice steers are con-
cerned the market appears to be on
healthy basis. but medium and com
mon grades are on dangerous ground
4 healthy feeder demand may prop the
f1eshy kinds Of steers selling at ~ ana
IS so, as they can be used for market
ing low grade corn. but under the &c
line the trade looks for reactions. Good
cattle are at high altitude for the
season but conditions warrant it The
advance in such cattle occurred this
wear in February and March instead
Of MAY and June ana many believe
that such cattle are scheduled 10 sell
still higher The yearling deal IS un-
even. Such little cattle as are selling
under 1925 have lost Is and % cents
this week. but choice yearlings have
he'd their own. climbing right up to
the top Of the market. Half-fat year
lings usually get bump at this season
ard il will be well not 10 crowd the
market with that kind
Sheep.
Sheep and lambs appeared TO he
more numerous than the trade re-
Quired.
Improvement IN trade conditions the
past week have been due in very large
n1na sure to light receipts locally and
elsewhere. Eastern markets have been
inca serly supplied and demand on
shipping account from that source has
been Of sufficient volume to exert a
good prop under the trade At the