Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1917-05-12

Chicago, May 12.--Scantiness of sup
plies together with speculative demand
today caused hog prices to advance.
Bulk sold at SIG and above.
Receipts for the first five days Of the
week total about 120,9O head, being
81, 400 less than same days last week,
10000 more than year ago and 31,400
more than corresponding period two
years ago.
Eleven markets received $4,000 hogs
Friday, or $500 less than last Friday,
$500 less than a year ago and 100
more than two years ago. Total thus
far this week 461,000, or $4,000 less
than same period last week, $4,000
more than like time last year and
100000 more than corresponding five
to date 11,103.00O, or 1,16S, 900 less than
same period 1915 and $4,000 more
than corresponding time 1915.
Cattle.
Nearly all of the cattle were con-
signed direct to killers.
A better beef demand locally and
free selling east, although prices there
have not kept pace with the advance
here, has been the force behind the
bullish market. Lessened receipts have
indicated a more serene attitude on
the part Of cattle owners, and with
corn planting activities now engaging
farmers over the southern and central
parts of the belt. there is likelihood
of a further decrease in marketings
for the next few weeks, all of which
lends force to further bullish expect
ancy
A fairly liberal crop of strictly good
1880 and 1350-pound steers came this
week, and quota of heavier choice
steers was also larger than in recent
weeks. but every one of these bullocks
found best sale in history Such good
action by killers and shippers is plain
ly indicative Of need for beef. which
must further assert itself in forcible
manner as the season advances, and
scarcity Of well-conditioned bullocks.
by force OF premature shipping of
thousands in March and April. marks
the supply situation.
For the immediate future the trade
looks to a good market, and Is not
advising feeders who have cattle ready
to come to hold them back since the
feed bill Is an item which must compel
steady and sharp rise in selling prices
to warrant holding cattle that are in
good beef condition.
AS regards much Of the light stuff
OF plain condition, the place for them
is II pasture. where cheap boarding
now is possible. and making good
weighty gains there, they WILL grow
into money fast in the next few weeks.
The trade looks for no very generous
run to follow this weeks price upturn,
believing that the situation is one Of
stability and IS viewed as such by
feeders. Anxiety period is passed.
There Is nothing on the horizon to
warrant expectancy Of other than a
bullish set of markets for weeks ahead.
Estimates in for next Monday ranged
all the way from $4,000 to 10000, pop
ular guesses bei~~ ~ $4,000 to 10000.
Sheep.
Bulk Of sheep went direct into hands
Ct killers.
Further advances next week are GER
tain, because short receipts are in
sight and packers must have the stuff
regardless of cost. The dressed trade
in the east is performing remarka bly,
we'll and naturally buyers have conf
dence in the future trend Of values.
Shipping cal! has been down to the
minimum and even the city butchers
bought only enough to satisfy their