Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1917-04-09

Chicago, April 9.--Hogs jumped to
new high record prices today owing to
scantness of arrivals. Bulk of sales
were within a range of $15.S5 and
s1615.
Receipts of hogs at Chicago for the
week totaled 10000, decrease of %,
500 compared with the previous week,
an increase of $500 compared with
same week last year and $4,000 com
pared, with the corresponding Week
two years ago.
Average weight of hogs at Chicago
for the week was estimated at 211
pounds, or four pounds lighter than
the previous week, eight pounds lighter
than same week last year and twenty
four pounds lighter than corresponding
week two years ago.
Top hogs at Chicago for the week
made 1900, against 1885 the previous
week, 9.95 a year ago and 1.2112 two
years ago. Average price figured 15.4o
for a record. which showed So cents
advance over the preceding week, $40
above a year ago and $50 higher than
two years ago.
Eleven markets received $4,000 hogs
Saturday. making 100000 for the week.
or $4,000 less than the previous week,
$4,000 more than same week last year
and 1000 less than corresponding week
two years ago. Total for 1917 to date
$50, 900 or 100000 less than same
period 1916 and 40. 900 more than cor
responding time 1915
Cattle.
mt nj
The trade now is around 1.50 higher
than low point in February for bulk Of
steers, and much more advance Is
noted for many of the kinds Of steer,
such as sold at 11..5 a 1850 last week.
War demand promises to be enor-
nous, and with supply scarcity plainly
written over the whole producing map
it is obvious the producer will have a
high sailing market for many weeks
ahead
Trade sentiment IS strongly bullish.
Notwithstanding the sharp advances in
recent days. Consumers seem able to
go the pace in buying beef at the rec
ord prices and greatest industrial 40
tivity in history. now assured as re-
suit OF this country's entrance into
the war. can only mean a tremendous
circulation of money into ell channels,
and naturally must influence all the
live stock values in bullish sense.
East, west and north the beef sup
ply Is short and Will he until grass
crop is garnered. while heavy inroads
Of winter storms on herds In the
northwest will make it a smaller crop
than normal from that section this
year. Southwest drouth conditions
have reduced beef tonnage in that
territory and record high prices for
corn. and likewise beef cattle. In re-
cent months, have caused heavy liqui-
dalton Of cattle from corn belt feed
yards, midwinter and early spring runs
in a great part comprising steers that
under ordinary condition would have
been fed fifty to seventy-five days
longer and thus made a much greater
beef tonnage. ~
For the immediate future the rade
can see none but bullish set Of mar
kets, and next week, with only small
supplies in prospect, every pound OF
beef available promises to be urgently
needed, while the distinct scarcity Of
heavy choice beeves is prospective Of
forcing still higher price premiums for
these.
Sheep.
There was not an abundance of sheep
on sale.
Advances the last few days have re-
stored much of the sharp decline in
values the first half Of the week.
Choice tidy Colorado-fed lambs at
1850 Friday equaled last weeks prac-
teal top, only a special Easter pack
age of forty-eight pound fed Mexican
lambs having gone above this figure.
Bulk of the fat wooded lambs. however.
still show l0615 cents declines from
that high spot, while shorn lambs, altho
80 to 40 cents above the midweek low
spot. are still 25@35 cents under last
weeks good close. while aged sheep
and yearlings are mostly 15M25 cents
under that time. altho odd native ewes
sold as high Friday as ever.
The quick come-back from declines
shown earlier in the week is significant
of the underlying strength Of the