Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1917-05-08
RECEIPTS FALL BELOW ExPEC
TATioNs AND PRICES TAKE
UPWARD TILT.
ENTIRE MARKET FIRM
TO S CENTS HIGHER
No Urgent Call For cattle-6est Hold
at Steady Priees-Sheep and Lambs
in Good Representatives, Of Market
Conditions-current Quotations at
Live Stock Centers.

Chicago, May s.--Hogs advanced to-
day as arrivals fell far short of the
number expected
Eleven markets received $4,000
hogs, or a. 900 more than last Monday,
10000 more than year ago and 49,
600 more than two years ago. Every
western market had liberal run. but
few of the eastern markets were
moderately supplied. Total~for 1917 to
date. 1o,77S.ooo. or 1,1s4,00o less than
same period 1916 and $4,000 more
than corresponding time 1915.
April witnessed a slight increase in
hog receipts at western markets, but
it was due to liquidation of light stuff
In territory contiguous 10 Chicago
Kansas City and ST. Louis. Omaha and
Sioux City both showed deficiency, but
the big shortage has been recorded a.
ST. Paul, which fell 4I12T behind April.
1915. During the first four months of
1917 the seven markets received $685.
106 hogs, a decrease Of S3S.7T3 COM
pared with 1916, Of which st. Paul re-
ported a deficiency of 100000. or more
than half. This is, the logical sequence
of the freezing Of the 1915 crop, which
forced liquidation of breeding sows
over Minnesota, Northern Iowa and
Wisconsin. 1t Is also reflected in de-
crease of 362.9S9 in Chicago for the
four month period.
Cattle. :
There was no urgent call for cattle.
A big crop of LOO to 1,200-pound
short fed stuff was again included in
-na yr, NJ
classes well indicating country senti
ment with regard to buying corn at
current cost to finish such classes.
Three successive weeks of generous
steer supplies carrying a heavy pro-
portion Of such grades has denonstrat-
ed that feeders who are running shy
on corn are not disposed 10 buy more
Of it around $50 bushel, nor will
they lose the finish corn has given
their cattle by turning them into pas
ture Instead the tendency Is to cut
loose such kinds, and this alone has
been responsible for the increased re-
ce,pts within tho past two weeks.
That the end Of the period Of gen.
erous runs Is near at hand seems GER
tain now. however, and the fact that
killers have place to put every bull
ock that Is coming Is looked upon as
an incentive for owners who can do so
TO keep the unfinished grades at home,
Dire shortage OF beef is bound 10 ma
terialie not many weeks ahead as re-
suit OF recent premature marketing,
and the effect then can only be price
elevation.
An undercurrent of strength is now
in the general demand situation, which
is bound to materialize into better
prices IN the near future II the market
is given a moderate dose of supplies
Beef costs at wholesale having been
reduced in the eastern trade since high
point a little over two weeks ago, in
dustrial activity is lending support to
the consumer demand, and this is a
factor broadening packers needs in the
trade.
Sheep.
Sheep were in good request.
April receipts Of sheep at the seven
markets were 675.500, a gain sf 2S,olo
over the same period last year. but
the figures mean that Colorado stuff
usually marketed in May Went to the
shambles q month earlier, owing to the
high feed bill. The four month run OF
live muttons was 3,277,4S2 at seven
markets, a gain Of 1926 over last
year but the increase and probably
100000 more was due to double count
ing, owing to re-billing from Missouri
river markets to Chicago, consequently
the figures are deceptive as a supply
gauge.
Chicago Live Stock.