Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-06-10
PRICES TAKE ON WIDER RANGE
AS BUYERS DlScRIMI NATE, AS
70 QUALITY.
MEDIUM AND POOR
GRADES SELL LOWER
Cattle Trade Closes Weak on Steady
Basis and a Light Run-Sheep and
Lambs Turn Weak in Expectancy
of Heavy Run Next Week-Current
Quotations at Live Stock Centers.

Chicago. June 10.-The hog marker
became unsettled today, prices ranSihs
from a shade higher to a shade lower
and taking on a wider spread. BuEers
showed a tendency to discriminate De
tween choice and medium grades anu
to insist upon lower prices for the OIL
ferings lacking quality.
Eleven markets received I3,6oo
hogs Friday. or 400 more than last
Friday. $500 less than year ago ana
800 more than two years ago. lotal
thus far this week 471,GO0, or lb,ooo
more than same period last week, o,oVo
more than like time last year ana
5000 more than corresponding nVe
days two years ago. Total TOR 1910
to date l4,Sl4.O0O. or 1,6SS,0oo more
than same period 1915 and S,622,tHe
more than corresponding time 1914.
Cattle.
Cattle trade was steady. altho re-
ceipts today were hardly sufficient 'c
obtain line on actual values.
Figured from all standpoints the
market showing a legitimatelY oulllsh
nhsi-ion. but consumers are gong
against a higher cost of beef now than
ever before, and in the trade opinion
further rises in prices will simply
overreach the consumer purchasing
power. This belief is strongly held IN
hacking circles. where the opinion
exists that before long a countrywide
crusade against high beef costs may
have effect in partially wreckins the
market for cattle. without inquiry
into the causes for the record retail
prices. the sensation spreading news
papers could easily cause oeei
strikes" Every man engaged IN the
production or vending of beer KNOWS
we'll enough the reason for the cur
rent record levels, but general pro-
test against costs is likely to come at
any time and its effect would Oh
course, temporarily cause a smut
down on consumption.
The trade sees no cause Tor I'M
mediate concern over prices. however
There is as yet a free running OF peel
into consumer channels. despite the
high cost. and as long as this sltua-
ton prevails general market is oouno
to hold in good shape. Price spread
ing has been affected to material eA-
tent in the past two weeks, 'he
cheaper and medium grades oe!ns
placed pretty much on their reiatlFe
basis as against choice finished steers
and a moderate movement from leeo
yards and pastures IS not hNeiy 10
! have effect in seriously disturbing
| present price levels.
Corn blowing is bound to occupy the
attention of many feeders in the next
TWO weeks and more and there Is
| small probability of any overrun OF
cattle into the market. Estimates for
the openjng day next week were at
Is 900 to 1000 No Argentina beer
was loaded at Buenos Aires Tor the
| United States the past Week.
Sheep.
sheep and lambs turned weak the
trade holding off until Monday in hopes
of forcing lower prices on a generous
! run.
| This weeks local receipts OF live
! nluttons, about $500 head, is a re"
. hundred short of last week, hut over
/ $4,000 head larger than the meager
crop of the CORES onding week. last
wear. Missouri river markets nave
been lightly supplied and the six point
| total for the week at $4,000 mead
! shows a decrease Of $4,000 from last
! week. but an increase Of $4,000 over
| the same week last year. Today Tor
| the first time this year receipts OF
ovine stock at the six leading western
markets shows an increase for the
wear over the corresponding PERIOD
/ last wear. the years six market total
/ reaching $500, 900, against 3,S91,ooo
, like period last year
Week end prices show an irregular
trend as compared with a week ago
, Good TO prime dry fed shorn lambs