Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-04-01

Chicago, April IA better tone pre-
vailed today in the hog market, prices
advancing 10 and Is cents over Fri
days average, que to the falling off
in receipts.
Eleven markets received $500 hogs,
or $500 less than last Friday, 2,lo0 less
than a year ago and $500 more than
corresponding day two years ago. Total
for the week thus far $4,000, or $4,000
less than same period last week, $4,000
more than like time last year and 147.-
900 more than corresponding five days
two years ago. Total for 1915 to date
9,376,OOO, or 1,426.OOO more than same
period 1915 and 1855, 900 more than cor
responding time Of 1914.
Cattle.
Cattle market was weak. recelpts
being small and Of quality that failed
to interest purchasers.
TOO many cattle. no. ,un. but
merely enough to enable killers to swing
their war club, was the cause for the
recent severe price levels. They have
used every trick known to The trade to
Smash prics and it has appeared to be
merely retaliation against the high
going steer trade which has been bad
for weeks past.
The break. however, has come faster
this week than did advances in the past
three weeks A light run next Monday
and there should be one as result OF
the terrific declines in recent days will,
however be likely to force an upturn.
Beef at wholesale and retail has not
gone down in keeping with the hoof
costs, and this weeks purchase have
been highly profitable to the killers.
Five days run stood $4,000. against
3S157 week ago and 1880 year ago.
while at the seven leading markets the
supply in five days totalled $4,000,
against $4,000 week ago and $4,000
a wear ago. That every bullock has
been needed around the market circle
has been patent. For weeks past kill
ers have been running on hand-to-
, mouth basis. and doubtless the little in
crease in receipts this week was highly
pleasing to them. but the opportunity
to hammer values being at hand. they
, were quick to take advantage Of it.
/ The new order of prices grasses 10
cent quotations on prime grades. 1t ID
| doubtful if a prime lot could beat $9.15
! right now and cattle which have sold
since mid week at $9@9.4o have shown
l35d4O cents loss and more, too. from
high point The break has carried a
! lot of good heavy steers to basis be-
low 50 and the medium to pretty good
short feds which were making$S.6o %
915 at high point have been pushed
back mainly SO cents. Killers have
picked up. Plenty of decent light steers
around 1925 and lower that would have
cost so cents more last Monday and
, fair quota of common killing steers has
been taken the past two days down to
$3.50 and lower since feeder competi-
ton for them was light, due to poor
country demand
Sheep.
Sheep and lambs were weak.
The bad action Of trade in the face
of light receipts and in view OF pack
ers activity here last Monday at record
prices. is puzzling. Packers explain II
as due to rotten" markets for the
dressed product the country over. They
report Boston the only big consuming
market buying heavy lamb carcasses
and assert that 45-lb lamb carcasses
have to sell there at Is n q Ice. Until
dressed trade conditions right them
lselves, Improvement in the market fol
stock on foot do not appear possible.
The prospect just ahead Is not lu'
minous. a larger supply being in sigh
for next week than arrived this. There
are. indeed. those in the trade who be.
lieve the seasons high spot was wit
messed at the start this week. but fe"
DAYS can cause a radical difference II
market conditions and supply gap II
May. if not before. is by no means I'm
probable.