Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-06-17
LIBERAL WEEK. END RECEIPTS
CAUSE OF IS CENT SLUMP
IN VALUES.
SATURDAY ARRIVALS
EXCEED EXPECTATIONS
Bulk Of Cattle, Sheep and Lambs Con-
signed Direct to kiiIers-Better Mar
ket Predicted For Next Week.-Mrs.
view Of Trade Conditions-Current
Values at Stock Centers.

Chicago, June 17.-Hog values weak
arrivals than expected.
Eastern demand for hogs is return
ing. Buffalo, Pittsburgh and Indian
apoiis were recently out of line with
Chicago, but this discrepancy has been
wiped out. AftNr July l the eastern
crop will dwindle, shippers will be
forced to buy more hogs al Chicago
and speculation will have stout prop.
Eleven markets received 71,400 hogs
Friday. or 700 more than last Friday,
Is. 500 more than year ago and 6,4oV
less than two years ago. Total thus
far this week $4,000, or $1,000 less than
same period last week, 10000 more than
like time last year and $4,000 less than
corresponding five days two years ago.
Total for 1916 TO date 14,S17,O00, or
1871 900 more than same period 1919
and 1852 900 more than corresponding
time 1914.
Cattle.
Most Of the receipts of cattle were
consigned direct TO killers.
Packer buyers assert that dead costs
OF il0Um1125 cattle make the whole
sale and retail prices Of these carcasses
practically prohibitive, and there IS
general surprise that the stuff moves
as freely int consumer channels 0n.y
A war time basis of revenue among
the industries in the east and proper
tionately increased purchasing power
could make these prices stable.
Ora ssy natives of medium to good
IL, CT IN, he and az
the trade works nearer to a grass quail
itv feshed kind making up nearly all
the receipts there is expectancy of gen.
eral price widening for these as
against the hard fleshed grades.
bigger percentage Of the crop is due TO
so down to 9.5od10.50 as a result OF
switching qualities. Warm weather,
coupled with exorbitant beef costs. is
found to have effect in restraining con-
sumption and depressing prices for
others than the choicest beeves.
Yearlings have charted an irregular
course this week. Fancy lots at HOO
@1125, but sales of yeariings above
1880 were rare and 9.50910.2o took
medium 20 strictly good light kind
which had eaten lot Of corn, while
the poor little yearling grass fed stuff
had mean action all the way down,
TO $50 and lower, failing kind OF
mean color such as feeder buyers
would not take. having TO go down to
100 and lower.
Break in the market for kinds below
choice Is looked upon as probable OF
having effect in checking the m, We
ment Of such classes next week and
trade estimates for Monday were down
to 1900 to $4,000. Western Iowa and
South Dakota have been cashing a loi
of good steers here recently in the mid
week rather than Monday market and
this practice is making the midweek
trade the bigger market as regards
supplies. -..
Sheep.
Bulk Of sheep and lambs went direct
to killers.
The market has been an uneven one
all week but closing level on the bulk
was the low point. Compared with
last Friday best shorn offerings looked
about 25 cents lower while many of the
others were so cents down and IS cents
decline was often registered. Even
100 depreciation was noted on some OF
the offerings selling at 800 and lower.
Feeding grades have been practically
stationary al! week, but country buy
ers are taking the extremely undesira-
bic kinds from a killer standpoint.
Native springers have been more nu-
merous this week and sold compare
lively we'll in the face of increased
amount of southern new crop arrivals
direct 10 packers from other markets.
Most Of the best spring lambs are fully
steady with a week ago. but there were
other lots which showed 15d25 cents
decline Other markets were moderate