Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-02-16
CATTLE PRICES NOW
LOWEST FOR WEEK
TRADE SLUGGISH DESPITE LIGHT
RUN AND VALUES ARE
DOWN.
10 TO is CENTS UNDER
HIGH TIME OF RECENT DAYS
Hog Market Weak and Values Fully S
Cents Lower-Sheep and Lambs
Somewhat stronser-Current Quota
tions at Livestock centers. Is.

Chicago, Feb. 16.-The hog market
was weak and values fully cents
lower
Combined receipts of hogs at eleven
markets Thursday totaled 100000, be-
ing 1000 less than arrived week
ago and $4,000 more than correspond
ing Thursday year ago. Chicago
alone had $1,000 or 1900 less than a
week ago ard $4,000 more than aSyear
ago. Omaha had 5000 less than a week
ago and 400 more than year ago.
Eleven markets received $4,000 the
; first four days CT this week, being 6l,-
000 more than a week ago and $4,000
, more than Q year ago.
A leading board of trade firm, writ
ing on the hog and provision situa-
! ton, says: The recent big eastern
sl2 pn.ent of hogs from Chicago should
not be taken too seriously, for TIE
reason that weather conditions IN the
west. with poor railroad service have
mace it more convenient and profit
able for eastern hog buyers to take
their principal supply from here rather
thar outside for the present.
We are still bearish OIL provisions,
but especially SO on lard, for il is a
difficult problem that the bulls are
row confronting. They have been
building their hopes on break in the
receipts OF noes. but il place of a let
up, there has been a record breaking
run in at least one of the big hos CEN
tiers and a very plentiful, supply in ali
other markets.
Cattle.
Cattle trade was sluggish with prices
10115 cents lower on the week.
The coolers are overloaded with
beef Of class produced by such cattle
and with Ash Wednesday less than n
week ahead and the l.enten season
soon to open there is an unmistakab!e
gloomy outlook to the nearby market
for the medium classes of steers es-
pecially. Recent high cost of beef is
likely TO render the discrimination
gainst that class of meat during the
Lenten season more pronounced than
ever this year and the situation is one
which calls for very conservative mar
keting of that class Of cattle until
the temper of the meat eating public
and their inciinstions for the Lenten
season have been we'll defined
REGARDING the approach of the Len
dents of America abstain wholly or
partially from consumption of meat,
thereby contracting very perceptiDl"
the outlets for meats of all classes.
James Brown, head buyer Of cattle for
Armour & Co. said when que-ied re-
gar6ing the outlook for trade during
Lent: We'll, let me say this: If trade
in beef gets much narrower or weaker
during Lent than it has been the last
week. we will just about have to go
out of business on the ordinary and
medium classes of steers. Of course.
there is always a demand for some
beef of high quality even during the
Lenten season, but this year the cost
of pork has been low enough to divert
a lot of consumption to that class OF
meats and to the injury OF the outlet
for beef. especially of medium class,
and the outlook during Lent this year
is anything but promising of even All
average trade for that period in which
the consuIn ption Of meats is always
somewhat adversely affected"
There was light crop of cattle on
the market map all over the country
Thursda total at six points showing
only 10000 head. against 10000 last
Thursday and $4,000 one year ago. This
makes total for four days this week
at these markets orbined Of $4,000
head against 10000 same time last
week and $4,000 same period last year.
Total supply Of cattle for the year to
date at these six markets at 100000
head shows a falling off OF $1,000 cat
tie as compared with the crop same
time last year.
Sheep.
Sheep We're steady and lambs were a
little stronger. One load prime lambs
brought s7.00.