Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-06-23

Chicago, June 23.-Arrivals of hogs
today exceeded the estimates and
. prices fell off Is cents compared to
Thursday. Recent advances have re-
, suited in an increase in the receipts.
1t is probable that the advance in
hogs since the low spot Monday will
start a run. The country is loading
! freely whenever Chicago hangs up the
$40 quotation, but as promptly deserts
on every break. The proportion OF
packing stuff is steadily increasing,
meaning that packers will have more
material to throw into the lard kettle
and fill the pork barrel, but less for
making choice meats, which will be
needed should a Mexican campaign de-
velop.
Eleven markets received $1,000 hogs,
Thursday or 4.S00 more than last
Thursday, 1920 more than a year ago
and 21.S00 more than two years ago.
Total thus far this week 416,000 or 49,
900 more than like time last year and
$4,000 more than corresponding four
days two years ago. Total for 1916 to
date 15.2s9.oOO, or 1.76s,0O0 more than
same period 1915 and 3,666,000 more
than correspond -'me 1914.
|. Cattle.
Cattle offerings failed to show i'm
provement in quality and the market
held weak.
The market this week has been over
purdened with all excepting choice
steers. Chicago has drawn upon terri
tory contiguous to western markets, re-
cent prices here being the magnet
bringing them in, while generous runs
of Texas graSserS at the other points,
forcing lower rates there, have simply
had like effect here.
Killers are again using the bad beef
trade argument freely. They point to
the INCREASING runs this week and last
as more than could be readily merchan-
dised. Such a situation is doubtless
true, since the eastern demand is being
filled to no small extent by eastern fed
cattle and lessening pressure of ship
ping call in the local market is a bear
ish factor.
Holding out medium and common
cattle would not be a bad stunt for
week at least. Beef trade is healthy
and little nursing will work wonders.
The break has eliminated incentive to
rush cattle in and if what has happen
some of the damage done recently can
be repaired.
Sheep.
a large number of sheep and lambs
arriving went direct to big killers.
There have been few rangers of any
class in this division thus far this week
and ewes were most numerous. All
such lots came from Idaho. Best range
ewes made $3.50, and others sold at
S72567.35. with culls at $3.50 $500. A
few old wethers landed at $500, some
straight yearlings at 1925, and dou-
BILE deck of mixed yearlngs and weth-
ers at sS15, part of the latter bunch 60
ing to an exporter.
Compared with last Friday the native
springers were generally 15c higher and
some showed greater advance, while
| the in between grades often showed
| little Improvement. Range springers
were quoted on a strong basis compared
| with last week and some of them looked
! 10015c higher. Shorn offerings have
lacked the desirabiity of those here
late last week and sales at present ap-
| pear down more than Is actually the
case. Most of the clippers ruled weak
| to 10@15c lower than the close last
week, but there have been sales noted
which showed no depreciation, some
fancy heavy ones selling yesterday
| which were CSC higher than last We'd
nesday.