Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-06-05
Chicago, June s-There was no ses-
sion of the Chicago grain board today
because of the judicial election.

Chicago, June 5.-Hog prices slumped
TODAY because of heavy receipts. There
were 10000 head in the fresh arrivals,
and the packers bought only at the eN-
IRENE concessions. Trade was slow all
day.
Receipts of hogs at Chicago for the
week totaled 1890, an increase of 400
compared with the previous week, de-
crease Of 3,400 compared with the same
week last year and an increase Of 'oOo
compared with the corresponding week
two years ago.
Average weight of hogs at Chicago
for the week is estimated at 220 pounds,
or l pound lighter than the previous
week, 8 pounds lighter than same week
last year and Is pounds lighter Than
corresponding week two years ago.
Top hogs at Chicago for the week
made $685., and on the low day best
sold at $3.50. against sl0.l5 the previous
week, $3.50 a year ago and 1886 two
years ago. Average price figured $3.50,
the lowest since the last week OF March.
20c lower than the preceding week
S2.G5 higher than a year ago and Sl.5V
hlgner IMAM TWO years ago.
Eleven markets received as, 100 hogs
Saturday, making 50S,000 for the week
or 5000 less than the previous week.
$4,000 less than same week last year
and ZOO more than the corresponding
week two years ago. Total for 1915 TO
date 1882 coo or 1sS22 Gee more than
same period 1915 and 3.6l5.o00 more
than corresponding time 1914.
Cattle.
Cattle held steady despite the fact
that receipts were liberal, and sales
were readily made on the basis of last
weeks decline
Killers explain the break in medium
and common steers the past week on
the ground of depreciation in quality
and dressing capacity, contendinS that
intrinsic values are not as much lower
as paper prices indicate, as they have
been understhe necessity Of taking a
lot Of grassy and short fed stuff that
cost high in the beef. No contention
is made that beef trade is not healthy
or that produce is not going into dis
tributing channels as fast as II can be
prepared, The trade has been eX-
tremely uneven below the SO line. Al
this season buyers are apprehensive OF
being .stung and show timidity in bid
ding on stock that Is likely to dress
poorly. Cattle looking much alike have
sold soc per hundred apart. which
shows how difficult it Is TO gauge the
market.
No heavy run Is In sight for this
week. Cattle are doing we'll on grass
and holders are conscious Of the secur-
ity of their position. consequently the
visible supply is in strong hands. Thai
a shortage exists is an open secret
There can be no free movement OF
good grass cattle for another sixty days
at least. Some trash may show VI
meanwhile. but it will cut little figure
Feed lots have been depopulated. a:
prices were attractive and feeders wer,
under no compulsion to nurse the mar.
ket, as was the case year agd NJ
famine is likely, as the low price o
feeders in January and February in
duced investment and these cattle hav'
been on corn since the March rise. TIL.
security Of the feeders position is en-
HANGED by healthy industrial situa
ton and a broad demand for meats o
all kinds.
Sheep.
Sheep and lambs held steady.