Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-07-10

Chicago, July 10.-Supplies of hogs
were plentiful on the market today and
buyers showed unwillingness to pay
steady values for even the best grades
Receipt of hogs at Chicago last
week totaled 1199O0 a decrease of
5000 compared with the previous
week, an increase Of 1890 compared
with the Same week last year and 25,-
900 compared with the corresponding
week two years ago
Average weight of hogs at Chicago
for the week was estimated at 233
pounds the heaviest since last Sep
TENDER, two pounds lighter than the
same week last year and seven pounds
lighter than the corresponding week
two years ago.
Top hogs at Chicago for the week
made 1925, standing within 10 cents
of the high time of the year, when
was in May, against 1910 the previous
week, 7.95 a year ago and $50 two
years ago. Wednesday was the low
dav of the week. with 10.0142 top
Average price figured 9.95, the highest
since week of May 26, when 1000
was the average price; Is cents higher
than the preceding week. 80 higher
than a year ago and 1.35 higher than
two years ago
Eleven markets received 4S.600 hogs
Saturday, making $4,000 for the week,
the ightest since the first week or
April; $4,000 less than the previous
week. II. 900 more than same week last
wear and $1,000 more than correspond
ing week two years ago. Total LOT
1915 70 date 1885,, 900, or 1,152,00O
more than same period 1915 ana
3, 1871, 900 more than corresponding
time 1914
Cattle.
Good demand held cattle steady, par
ticularly for best grades. tho the run
was large.
Beef supplies are running plentiful.
True the quality is lower as the season
advances, but everything makes SUIT
able product none Of it free sale. Re-
tail prices have not been marked down
l.. keeping with reduced hoof costs anu
tie consumer is rebelling against con-
tinueG high figures he Is asked to pay.
Hot weather has become severely
reUressive influence in the beef marht'
with result that supplies are Simply
running above trade needs even tlo
total numbers are not materially larger
than a few weeks ago.
period of shorter marketingS VIII
be needed to prevent further breaks or
permit reaction, and these look !mproo-
able. The country is disposed to cash
cattle off grass whenever they are III
ar least fair beef making condition, and
an excellent grass crop has made a
big crop Of pretty good steers. which
VIII be due to GO to market in the next
few weeks, big percentage of them
being scheduled to be cashed prior 10
the cpening of the western range sea
son. Ranges are still green IN many
sections and movement Of cattle from
the northwest will not get well under
way until mid-August, altho the hrst
Montana and Wyoming rangers are
proba bly, hitting the market WITHIN the
next two weeks.
Westerns are prospective Of bringing
new record prices, of course, but there
has been persistent bearlsh pressure
exerted by killers within the past two
weeks, and its effect can only be 10
start the range season at price pasls
far lower than would otherwise have
been the case.
Few are looking for speedy return
of recent record prices for heavy
beeves. That values will attain a still
higher level before the year is out is
still belief held in the trade, but the
majority believe the crest of the sum
mr. rise is now passed, and pending a
return Of top levels generous crop
of good beeVes are in the making.
Last weeks run totaled 3I,ooo,
against 37,44S the previous week and
1851 year ago. and it came punched.