Evening times-Republican., 1917-05-21
SUPPLIES MORE LIBERAL THAN
TRADE HAD REASON TO Ex.
PEcT AND PRICES SLUMP.
DROP OF is CENTS
COMPARED TO SATURDAY
Wet Weather Proves Handicap to Sell.
ers of Cattle and Market Turns Weak
Sheep Offerings Scarce-Review OF
Market Conditions Current Quota.
tions.

Chicago May ef.--More plentiful ar
rivals than had been looked for tend
ed today TO weaken the hog market
Receipts of hogs at Chicago for the
week totaled 111.600, the second small
est Of the year and lightest since the
third week OF March, a decrease of
2l.200 compared with the previous
week, $4,000 compared with the same
week last year and 10000 compared
with the corresponding week two years
ago.
Average weight Of hogs at Chicago
for the week was estimated al ZIG
pounds. or one pound heavier than the
previous week, six pounds lighter than
same week last year >aDd eighteen
pounds lighter than Corresponding
week TWO years ago
Top hogs at Chicago for the week
made record OF 1856, paid Monday,
against $3.50 the previous week, slo.35
4 year ago and s7.s2li two years ago.
Average price was also record at
sl6.15, standing cents higher than
ever before, so cents higher than the
preceding week. 1915 higher than a
year ago and $3.50 higher than Two
years ago.
Eleven markets received 333.a99 hcss
Saturday, making 42S.000 for the week,
the second smallest of the year TO date
or $1,000 less than previous week, 10s
Uv0 less than SAINT week lest year and
$4,000 less than corresponding week
two years ago. Total for 1917 to date
11,o76.o00, or 1,26i,0 less than same
period 1915 and $4,000 more than cor
responding time 1915.
Cattle.
Wet weather proved a handicap to
holders Of cattle.
The average price Of beef steers last
week was figured at sl2.l5, being new
record figure and comparing with s9.+5
for the same week last year.
Despite the fact that receipts Of
cattle this week were larger than the
previous week and well over the 80 900
mark. values were able to advance.
This Is evidence OF the good demand
after the offerings.
Plain steers. half tat and thin, were
the hardest to cash at all times this
week. Anything that had kill 10 It
was wanted and higher prices resulted
from the strong demand.
Dist!llery cattle this week sold up to
$13, making q new record for such
offerin gs.
Yearling steers, that were weak SELL
ers q short while --k came into their
own this week and scored the largest
gain. While the general market was
not called over 25 cents up. there were
instances where greater advances were
noted for this class of stock. On the
midweek market three load drove OF
strong weight yearlings sold up to
$685. and other lots cashed up TO s12
and very little II anything had to go
below s11.
The Strengthening OF the palmer
grades and the standing still of the
top -notchers caused the range OF prices
to grow nervous. The long fed we'll
finished steers are still the 1eadliners
IN the race for demand, and when quail
ity and weight are available the prices
seem TO be OF little matter to killers.
The run OF cattle at Chicago last
week totaled about 52,36S head. against
51.56l last week, 41,1s3 a year ago and
42,724 for same week two years ago
! OF this number shippers took about
| 1885 head, against 1o,155 last week
11,423 a year ago and $500 during the
same week two years ago. This left
supply Of about 41,513 for local con-
sumption, against 3s.so6 last week, 39,
10 year ago and $685. for same
week two years ago
| Sheep.
| Sheep were scarce.
| Traders were not surprised at the
| light receipts for the week and total
| offerings fell down 10 42,300. a decrease
of 800 compared with~ the previous
week and 1900 compared with the
corresponding week year ago. Other
markets were also lightly supplied, and
| everywhere prices ruled higher, but the
| demand was more than equal TO the
| supply because Of the remarkably
healthy tone OF the dressed trade
which enables buyers to clear stocb
freely despite the high cost to the con-
sunler..
Lamb prices worked sharply higher
4 during the week and not Until Friday
| did any weakness set in. Even Their
! only heavy offerings were affected, al
on that day light grades were strong t.
higher than any previous time in th'
history Of the trade. Closing prices fol
most wooled arrivals were s1.25@1.4t
higher than week ago, altfo some O
the extremely weighty ones did no
show that much upturn. Shorn offer
| ings finished s1.00m1.25 higher thar
the previous weeks close and ligh
grades scored the greatest gain. Bes
springers looked $500 higher.