Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-02-05
ANOTHER RUNAWAY MARKET
SENDS PRICE UP 10 AND IS
CENTS AT ONE LEAP.
SPECULA1oRS AGAIN BUSY
AND TOP GOES TO $3.50
Bulk Sells at $7.s5 and $7.9o-Modsrats
Supply Of Cattle and Trade 10 Strong
Live Muttons Wsak-Rsview Of
Market conditions-current Quota.
tions.

| Chicago, Feb. "a runaway market
/ sen, the price of hogs 10 to 10 cents
higher today. Spectators were busy
F. On the first round, and a top Of $3.50
was made. Bulk sold at s7.so a7.9o.
/ Prices Tuesday stood the highest
since Nov 81, 1912, on an average. and
! the average price figured sI.Io. against
$3.50 week ago. Pigs were scarce
f.; and showed g big advance Eastern
call was urgent for anything Weighing
under $50 pounds, but those below 2oo
F.! ounds sold to best advantage. Range
! in prices remained narrow. altho
neighty stock hardly sold as freely as
the other classes. Local receipts for
! two DAYS footed $4,000, decrease OF
14,50O compared with the same period
| last week and an increase OF l2.eoo
compared with the corresponding time
(; last year.
Cattle.
moderate supply of cattle found
ready market. Trade was strons.
Choice beeves have been so scarce
Of late that it is not in line with con
ditions that they should decline in. val
ne no matter what effect the forty
1ay observance will have on the beef
outlet. 1t is liktly that the medium
and common kind, which have been
plentiful for month back. will suffer
the big end Of any decline that may
result. Some are of the opinion. how
ever that immediate prices will get
better, if anything.
The spread in prices for cattle is
now very much narrow than at TINS
time last year A broad and fairis
strong demand for stockers and feed
ers most of the year thus far as COM
pared with other years that has sus-
tanned the prices for the lighter classes
! of beef steers at level close To- 81
per cwt higher than at this time last
year, while the palmer classes OF me-
dunn and heavy -beeves have falien
| hack To a schedule of values but little
above that at this time last year.
| Hay-fed cattle will soon be cutting
some figure in the supply at market.
Montana, Colorado. Idaho and Wyom-
ing are feeding cattle on larger scale
Than ever before and they will soon
begin running. but as the Pacific coast
is shorter of beef cattle than ever this
wear that region is likely to develop a
demand that. will turn a large portion
of the hay-fed stuff in that direction
Sheep.
Live mutton market weak.
Estimated receipts Tuesday were re-
auced from 10000 and late in the day
traders were calling run $4,000 ana
less, against 1o,72s d week ago and
90. sos the corresponding Tuesday
year ago. Total two days this week
$4,000, an increase of $500 compared
with the same period last week and
decrease of 1880 compared with the
corresponding time last year. Six mar
l,e,s received $500 Tuesday. against
IS. 800 last Tuesday and $4,000 a year
ago. Combined offerings for the week
10 date aggregate $1,000 or $4,000 less
than the same period last week and
81. 900 less than the corresponding two
DAYS year ago. 1t is plainly seen in
t,he above figures that the outside
sheep and lamb receipts have fallen
ioff even more than local ones, and for
that reason buyers have abandoned
their bearish tactics for the time being