Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1917-06-11
SUPPLIES TOO HEAVY FOR TRADE
DEMANDS AND PRICES AGAIN
TEND DOWNWARD.
GENERAL AVERAGE is CENTS
UNDER SATURDAYS CLOSE
Only Choice Cattle in Active Request
Sheep and Lambs Scarce-Review
Of Market onditions-current Quo.
tations at Live Stock Centers.

sent the hog market downward today.
Receipts of hogs at Chicago Tor the
week totaled 10000, an increase of
$4,000 compared with the previous
week. 400 compared with the same
week last year and 1890 compared with
the corresponding week two years ago.
Average weight of hogs at Chicago
for the week was estimated at 222 lbs.
the heaviest since last September 8
lbs. heavier than the previous week !
ID. heavier than same week last year
and lbs. lighter than CORES onding
week two years ago.
Top hogs at Chicago FOR the week
made sl6.10 paid Monday, as against
s16.l2I1 the previous week. ss.721s a
year ago and $3.50 two years ago. Az
erage price figured 1855, same as pre-
ceding week, 1925 higher than year
ago and ss.o5 higher than two years
ago.
Eleven markets received 45,60o hogs
Saturday, making 465, 900 for the week
or $4,000 more than previous week, S.
600 less than same week last year. and
$4,000 less than corresponding week
two years ago. Total for 1917 TO date
12e9s,0o. or 1,37s,o0o less than same
period 1915 and $4,000 more than cor
responding time 1915.
Cattle.
Only choice cattle were in active re-
quest.
The trade Is prospective Of getting
steers and she stock, and these will
III ;, bill
ing plants, where cheap grade beef has
been needed for army orders, Yet the
presence Of these grades on the market
can only have effect in lessening de-
mand for the 500 to 1.300-lh. warmed
up steers off just little corn, and such
are prospective Of getting a strong
break. They have gone this week
mainly at 10000 1915 and could be
pushed back 10 cents easily on any
very generous run OF southerners here
or a liberal crop OFF local territory
grass.
Current prices for the upper crust
Of the run and in fact everything OF
handy weight, as well as choice year
ling class, are on levels highest IN
trade history. but the season is ap-
preaching when hot weather viii re-
duce beef consumption and even now
beet buying Is not broad. yet prices
east have not as jet begun to slip
back.
A bad beet market easswards Eoaid
quickly take the snap out Of demand
here and cause tun6Hng Of prices for
other than a few Of the choice long
fed steers, which are SO scarce as to be
in strong hands and not probable Of
being marketed too many at time.
This weeks run carried general
quota Of good quality, ripe handy
steers. more IN tact than the trade had
looked for, their presence tending to-
effect revision Of market opinion
anent a shortage. II is apparent that
record prices which have prevailed in
recent months have induced the feed
ing of Tar more high priced corn than
had been supposed would be consumed
on the farms and by reason Of this
June beef tonnage is running heavier
than was forecast, while actual good
beef scarcity now appears a consider
able distance off. An abnormal beer
demand condition, that phase OF the
deal being due to war orders is really
the main prop under the present basis
Of general values.
Sheep.
Sheep proved scarce
The past has been the third sue
cessive week OF extremely light re-
ce,pts here and elsewhre, but pack
rs bear raid on the price list has been
pushed to the limit and values are
sharply lower than week ago all
along the line Native ewes and bucks
have been hardest hit, closing s2.ao0
ais below a week ago and largely
s4.5oas.o0 below the May high spot
Spring lambs are selling s1Gl25 under
a week ago and from s4o994.5o below
the high time week before last. shorn
lambs show 75cas1.oo decline from the
close last week and average about s2.1o
lower than the high time last montn'
grassy kinds showing more decline.
Dry-fed lambs have been closely
earuered and many IN the trade are OF
the belief that the decline in values has
run its course for the present. at least
as light receipts appear certain Tor
several weeks ahead. altho the move
ment from the southeast Is dHe &c ex-
pand somewhat.
Chicago Live stock.
eunirapo Tune i1,-Cattle-Estima