Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-09-11

Chicago, Sept. 11.-Hog market failed
to make recovery from the slump or
last week, which was due to refusal or
packers to pay the high prices asked
by sellers. Liberal receipts today en-
abed buyers TO force prices cents
lower. and offerings moved slowly at
that concession. bidders demanding ad-
ditional reductions.
Receipts of hogs at Chicago FOR the
week totaled $4,000, the lightest since
the last week of April. 1910, decrease
of lO3.lOO compared with the previous
week, 1880 compared with the same
week last year and 1900 compared with
the corresponding week two years ago.
Average weight of hogs at Chicago
for the week was estimated at 226
pounds. the lightest since the third
week of June, eight pounds lighter
than the previous week, twelve pounds
lighter than the same week last year
and fifteen pounds lighter than the
corresponding week two years ago.
Top hogs at Chicago for the week
made S11.50. paid Wednesday ana
Thursday. against s11.55 the previous
week sS25 a year ago and $3.50 TWO
years ago. Average price Tor the week
figured $1,000. same as the previous
week, 1915 higher than a year ago ana
$50 higher than two years ago.
Eleven markets received only 80 -"
hogs Saturday. making $4,000 for me
week the lightest since the first week
Of August. 1914. or $4,000 less han
previous week. 81 900 less than same
week last year and $4,000 less than
corresponding week two years ago.
Total for 1916 to date. 20,l6s.OO0, or
2225. 900 more than same period 1919
and 4.374.0O0 more than corresponding
time 1914
Cattle.
Cattle offerings were too liberal and
the market weakened as a result
Choice long fed heavy steers are
bound to continue high by reason or
assured shortage Of that kind Tor many
weeks ahead. In the trade the be!le1
is that fewer big finished steers VIII
como forward in the fall season than
in recent years and demand needs only
TO hold its present strength to assure
an sll TO $3.50 and even higher basis
of values for that kind. The trde, on
erous runs of CRASHED and corn
warmed cattle. West and southwest
pastures are emitting lot Of this
stuff and it will have broad compe-
tition from the late gathered range
runs from the northwest, qualltS OF
which is showing steady Improvement
and, as result this beef Is getting oet-
ter appreciation A wide spread be-
tween values for intermediate ana
common natives and the choice grades
is always forced when such supply
and quality situation affects the range
crop. Western movement for the sea-
son to date has been % per cent snort
Of a year ago, but a big late Septem-
Der and October run promises to offset
this deficiency.
A generous run is sighted for, the
week ahead, but with beef supply
plentiful in eastern and local coolers it
promises to meet no very strong re-
ception. Cautious loading OF natives
seems good policy since the range run
will cut a big figure in a competitive
sense.
Sheep.
Sheep and lambs held steady, there
being better demand than for either
cattle or hogs.
Lambs enjoyed a good market all
week. and the gain applied 10 natives
as we'll as westerns. Even feeding
classes were sharply UP. Closing PRICES
were highest of the week and back 20
the seasons high spot. altho westerns
of prime class were lacking at the
finish. but were nominally qnotable as
high as any previous time. Last sales
of natives were generally 81 higher
than last Saturday and equaled last
Thursdays high point. standing 80 to
Is cents above last Friday. Rangers
showed 80 to Is cents advance over
last Friday. there being none OF them
offered last Saturday.