Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-06-12

Chicago, June 12-Demand from
shippers and spectators forced an up
turn in hogs prices today but the ad-
vance was not we'll maintained.
Receipts of hogs at Chicago for the
week totaled 125.700, an increase of 200
compared with the previous week, a
decrease of $500 compared with the
same week last year and 1880 COM
pared with the corresponding week
two years ago.
Average weight 70 hogs at Chicago
for the week was estimated at 222
pounds, or one pound HEAVIER than the
previous week, nine pounds lighter
than the same week last year and
eleven pounds lighter than the corre-
spending week two years ago.
Top hogs at Chicago for the week
made 9.72ha, paid on Monday, the low
est since March, against 9.S5 the previ-'
Gus week, 80 year ago and $50 two
years ago. Average price figured $40,
the lowest since March, % cents lower
than the preceding week, $50 higher
than year ago and 100 higher than
two years ago.
Eleven markets were credited with
$4,000 hogs Saturday. making $4,000
for the week. or 10000 more than the
previous week, 5000 more than same
week last year and 10000 more than
corresponding week two years ago.
Total FOR 1916 to date '4.362,00 or
1,6S9,O00 more than saIce period 1913
and 3.624.00 more+hsn corresponding
time 1914.
Cattle.
Cattle met with ready sale.
Figured from all standpoints the
market is showing legitmately bull
ish position but consumers are going
against higher cost of beef now than
ever before. and in the trade opinion
further rises in prices will simply over
reach the consumer purchasing power.
This belief is strongly held in packing
circles, where the opinion exists thar
before long a country wide crusade
against high beef costs may have eff
feet in partially Wrecking the market
for cattle. without inquiry into the
causes for the record retail prices, the
sensation spreading newspapers could
easily cause beef strikes Every man
engaged in the production or vending
of beef knows well enough the reason
for the current record levels. but
general protest against costs Is likely
to come at any time and its effect
would, of course, temporarily cause a
shutdown on consumption.
The trade sees no cause for immedi-
ate concern over prices however.
There is as yet free running Of beef
into consumer channels, despite the
high cost. and as long as this situation
prevails general market is bound tc
hold in good shape. Price spreading
has been affected 70 material extent in
the past two weeks. the cheaper and
medium grades being placed pretty
much on their relative basis as against
choice finished steers and a moderate
movement from feed yards and pas
lures is not likely to have effect in
seriously disturbing present price
levels.
Sheep.
About the only outlet to sheep and
lambs was to local packers.
Market prospects are for further de-
clines. Heavy sheep are expected 20
break rather sharply from last weeks
levels, and declines of less severe
character are also expected to mate
rialiZe on aged and spring lambs.
While the market has experienced de-
clines from the May high spot that
range from so cents to 2.25, with
prime shorn lambs suffering least and
common grassy and light fleshed
lambs, heavy ewes and bucks the most
loss. the market is still abnormally
high for this season of the year and
the aggregate marketing taking all pri-
mary receiving points into considera-
ton is more nearly OF normal volume
than for a long time past. The stu-