Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1917-04-30
HEAVY RECEIPTS CAUSE PRICES
TO SEEK LOWER LEVELS
ON SLOW MARKET.
LIGHTER WEIGHTS
BEING MARKETED
Run Of Past Week Indicates Heavy
Porkers Have Been Disposed Of
Cattle Offerings a. Numerous as
Market Could Absorb--Shsep Scarce,
in Chicago and at Western Points.

Chicago. April 3o.--Liberal receipts
had depressing effect today on hog
values. The market was slow to 10
cents lower.
Receipts of hogs at Chicago for the
week totaled 137,400. an increase of
22,200 compared with the previous
week. 1900 eompared with the same
week last year and 1880 compared
with corresponding week two years
ago.
Average weight of hogs at Chicago
for the week was estimated at alS
pounds. or four pounds lighter than the
previous week. five pounds lighter than
same week last year and twenty
pounds lighter than corresponding
week two years ago.
Top hogs at Chicago for the week
made $l6.05. against $3.50 the previ-
Gus week, 5000 year ago and $3.50
two years ago. Average price figured
sl5.To, or 10 cents lower than preceding
week. ss.SS higher than year ago
and $3.50 higher than two years az.
Eleven markets received 4&.s0 hogs
Saturday, making 4s3, 900 for the week,
or $4,000 more than the previous week.
3. 600 less than same week last year
and 10000 more than corresponding
week two years ago. Total for 1917 10
date 1o.oasoeo, or 1910 less than same
period 1916 and e5l 900 more than cor
responding time 1918.
Cattle.
Cattle appeared as numerous as the
market could readily absorb.
fA do no ~,
nicely. as i did. from the weak spot
Of rem days ago is now in position
TO make still further upward strides,
and will require only loosening up Of
beef demand that will enable an UNI
loading Of surplus beef stocks from
coolers. Bad beef markets here ana
in the east have been the rule for two
weeks past, kosher vrade being espe-
cially low. chucks and plates in New
York going as much as si.50I 100 IN
der high point two weeks ago.
The liquidation OF the previous two
weeks took UP a lot of slack In the
supply situation. which is bound to
make its influence felt once beef trade
has been marketed preulatnrsiy, and
there IS nothing TO take its place later
on.
Good beef Is sure Of flooding in the
market that viii make II ready sale
ell season hong, and absence OF a nor
mai grass crop in the southwest must
be looked upon as a buliish factor at
fectins medium grade natives.
Grass in the corn belt viii soon be
N shape to carry many cattle whose
owners would ship rather than feed
corn at record cost and this is a fac
tor assuring hight May runs.
Tendency in all directions is TO cut
cattle loose from corn whenever they
show the least killing condition. and
with corn at $3.50 busbel this deci-
SION on part OF feeders can not be Sc
verely criticised To warrant them
keeping steers OF good beef condition
the market would have TO show steady
advances. and that situation is not
probable IN view Of consumers forced
economy n beef eating as a result Of
the terrific prices charged over the
butchers' counter Retailers are still
holding up costs In spite Of reduced
wholesale prices in the past two weeks.
depending upon the higher prices TO
afford them profit in view OF shorter
sale.
Sheep.
Sheep were scarce not only here but
at all other leading markets.
The average price for the week OF
aged grades figured sI220 for record
which stood 81 higher than year ago.
Quality was good and more choice lots
showed UP than plain kinds. The clip
per showed a slight increase in pro-
portion, altho few loads Of wooded
stock were on sale. Wethers were most
numerous and ewes made UP larger
par. Of the supply than yearlings. Ma
lives OF every description were very
scarce.
Average price for the past week on
All grades cf lambs Nas $1415. or 20
cents higher than the previous record,
and 1856 higher than the correspond
ing week year ago. The Increased
number OF short lots had tendency
10 hold down the average price. Al
tho there were a few lots of wooded
westerns distributed among the offer
ings during the week, Colorados
formed about 30 per cent OF the wool
skins. Shorn westerns were more nu-
merous than clipped Coiorados. Ma
tives Of all classes were comparatively
limited.