Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-04-19
MARKET ACTIVE BUT AT De
cLINES OF SOLO CENTS 4,
UNDER TUESDAY.
TOP PRICE RECEDES
10 CENTS UNDER $40
Cattle Market Weakens Because Of
Heavy Midweek Receipts and Proxi-
nifty of Easter HoIidays-Sheep and
Lambs Also Weaken Review of
Market Conditions.

Chicago. April 19.-Hog prices went
to lower levels today, receipts being
heavy. Market was fairly active dur
ing entire session and offerings were
moved at the decline, except some of
the late arrivals. Top was at $50.
There is hot competition. in the hog
market right along The Canadian
bacon sort is making top prices, specu-
lation is active eastern butchers are
constantly clamorous and the big
packers have to be content with the
residue of the crop after their COM
petitors have picked it over. If they
assumed anything like an aggressive
buying attitude a runaway market
would result.
Eleven markets received 1920 hogs
Tuesday. or 500 more than last Tues
day, 22,6OO more than a year ago and
1890 more than two years ago. Ike
ceipts were liberal at the western mar
kets beyond Chicago. but in the east
offerings were of moderate volume.
Total thus far this week $4,000, or
1000 more than same period last week.
g. 900 more than like time last year.
and $4,000 more than corresponding
TWO Gays Two years dSO. 1otoA Ava
1915 to date. 10,497, 600 or 1,515,000 more
than same period 1915 and 3.12l,Ooo
more than corresponding time 1914.
Cattle.
Cattle Offerings were too numerous
for the demands of the trade and
prices turned weak.
On the lower priced little cattle de-
mand is less aggressive. Feeder com
petition is slowing up and packers, en-
abled to get a larger quota OF the run
below $40 than recently. have worked
prices for these classes to lower levels,
but the trade conditions are such as
make any material decline quite i'm
probable.
Holy week and Jewish holidays in
fuence must, of course, be reckoneo
upon as repressors Of demand Two
more Jewish holidays fall next Mon
day and Tuesday and there Will be no
kosher killing those days. altho at the
outset next week the eastern shippers
will be in the market again for Kosher
beef to kill late next week.
Given a moderate dose Of supplies
later this week. the trade is expected
to make a creditabl showing. but
there is no broad demand for cattle in
any quarter and incentive to ship freely
is not shown.
One reason for cattle trade activity
IS that packers have no stocks Oh froz-
en- beef to fall back on and imports are
of nconsequential volume. The only
visible supply in territory east OF Chi
cago comprises Kentucky stillers and
Pennsylvania barn cattle which are
due TO move next month. but both will
probably disappear without making q
rifle on the market surface.
Sheep.
Sheep and lambs were not In active
inquiry except at concessions on the
part Of the sellers.
Extensive early contracting Of lambs
is reported all over the west. Contract
prices range from 81 to 50 per head.
Early trades have been turned over at
substantial profits. Colorado feeders,
who have had the most successful sea-
son in the history Of the business, are
taking time by the forelock and spec
ulators are confident that they Will be
able to name prices later In the sea-
son. Owing to scarcity OF ewes most
of the whiteface eve lambs Will be
held back this year. which Will mate
rally reduce the marketable supply OF
fat lambs and feeders.
After this week the bloom VIII be
off the spring lamb trade Insofar as
record prices are concerned and coun-
trv shippers should not follow prevail
ing prices A few odd loads OF south
ern springs have shown up at Louis
VILE this week and Chicago packers
will have deck or two from there
direct tomorrow. They cost IA cents
orIS