Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-02-07
SlACkENS ALTHo HIGH
PRICE LEVELS ARE RETAINED.
FOR MOST GRADES.
IN CATTLE At WEEK
END ENTIRELY NOMINAL
Market Action For Week Diseouraaino
Collapse in Canadian Market May
Divert Northern Cattle to Buffalo
Offerings Of Sheep and Lambs Of
Poor QuaIity-currsnt Quotations.

Chicago, Feb. Liberal receipts
had a weakening influence today on
the hog market.
Eleven markets received 77,700 hogs
Friday, or q, 100 more than last Friday.
$500 more than a year ago and 3 300
less than two years ago. Total five days
this week 462, 1000, or $4,000 more than
same period last week, 10000 more
than like time last yea and So, 900 less
than corresponding five days two years
ago. Total for 1914 to date 1892, 900,
or 100000 less than same period 1919
n $4,000 less than corresponding
time 1912.
Cattle.
Prices for cattle were almost entire
ly nominal.
Market action this week under de-
ceased receipts is certainly discourage
ing. When trade was booming nearly
a month back predictions was conf
IDENTIFY made that the boom had been
put on to stay. blu ever since the mar
ket course has d%iscredited such conf
dence. Both ends of the list have suf-
fered least, choice bullocks being
scarce, while under the Sc line feeder
competition comes into play on such
cattle as possess sufficient quality to
render them eligible to the country out
let. The break on Monday, when less
than 21,00O cattle arrived, was 10Gl5c,
and 1925 took better steers on that
market than made $3.50 on the high
spot. The $3.50 grade now was recently
worth SO. and sS.10ds.55 is buying cat
tie that had no difficulty in earning
sS.606S.s0 on the January high spot.
The market has been deluged with
habitat %bullocks, Weighing anywhere
from $50 to 1850 lbs, and thousands are
selling at S7.60@s.10. An excess Of me-
dunn grades has exerted a depressing
influence on good ones despite marked
scarcity OF the latter. Eastern cattle
are running freely. considerable foreign
beef is reaching New York and the beef
market Is in anything but healthy con-
dition.
A collapse in the Canadian market
has carried this week and this may
divert some Onta<to cattle to Buffalo.
Toronto a~dNce6Saee that beef has
reached such I1~goakoitive prices that
OBSERVATION-DISCLOSURES curtaned. To-
ronto haass had 0nlgIa light run this
week, but ch0iEe ~ ~ are selling there
at $40 1.50sdAA l1075c decline. The
break wa suAdenEand on a paralyzed
market. Tospntop reports say that
prices 49, down to a level
where exportink toDks profitable AT
Montreal assiNNaf9conditinn exists, the
stale stock there being large. while
killers have accumulated beer in their
coolers. Several consignments OF cat
tie have left Montreal for Boston this
week and they willeome in competition
with domestic prodltet. 7et
Sheer. 81.
Offerings Of sheep and lambs were OK
roor quality.
With the hog mraket soaring n
beef selling high, the iamh marker
looks "out Of joint and in the evtns
Of moderate receipts and snappy
weather next week some change LOT
the better ought to materialize. but
looking to the market for the next IL"
weeks in a broad sense there Is notn-
ing that would appear to warrant Dull
ish expectancy. A lot OF tat lambs
are lowering on the market horizon
and it begins to look like a season OF
discomfort" for Colorado feeders VINO
assert they will need $3.50 at Chicago
for fat lambs to give them a fair mar
gin of profit. At the 1t don't
look as if such a market IN February
or March is within'the range Of posi-
bilities. II a stable trade around the
Scent notch for choice lambs can be
reached and maintained, the present
hope Of most traders here vii! be real
lied. Sheep promise to continue rela-
lively scarce. but they have sold closer
to lambs this week than for many
months and can not be expected to go
much higher unless the lamb trade
picks up.