Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-02-23
.HDG PRICES FAIL D
maintain ADVANCE.
VALUES REcEpE AFTER OPENING
HIGHER THAN SATURDAYS
CLOSE.
RECENT ADVANCES BRING
TOO MANY TO MARKET
Cattle IN Coed Demand, Receipts Being
Moderate - Offerings Of Sheep and
lamts Readily Disposed Of-Rsvisw
81 Market cenditiens-currsnt Quo.
cations.

Chicago. Feb. 23-Because Of the
holiday in Observance OF Washingtons
birthday there was no session Of the
grain board today.
Chicago, Feb. 23.-Hog prices today
failed to maintain an early advance,
the receipts being heavy late in the
day.
The weeks average price OF hogs at
4s.s5 was only cents lower than
previous week, the highest since last
week Of July, 1913. Last weeks av-
erage was only 80 cents higher than
year ago, $40 above two years ago. So
cents lower than corresponding week
of 1910 and $3.50 above same week of
1905, standing sl.45 above the average
fo, the corresponding week during the
past eight years
A total Of 4eS, 900 hogs arrived at the
eleven markets last week. being $4,000
less than previous week, 5000 less than
a year ago and $4,000 less than two
wears ago. Only 2S5.0OO arrived four
wears ago, while $4,000 were recorded
six years ago. For 1914 to date the
total at 3.s73, 900 stands 4ss.000 below
the average total for the same period
since 1907.
The estimated average weight OF
hogs received at Chicago last week at
224 pounds was three pounds heavier
than previous week, within pound OF
the heaviest week since last September.
seven pounds lighter than year ago
and eight pounds heavier than two
years ago.
Cattle were in good demand.
All recent price betternent came
about in face Of largest receipts here
locally in several weeks past, total Of
Sc. 900 cattle arriving in the week,
against so e07 the week before and 49,
$40 a year ago. Chicago continued
the chief fat steer supply center Of
the country, however, runs west be-
ing mostly warmed-up stuff, and while
the east had a fair quota Of E!nter-fed
cattle. demand from there showed lot
of strength the pas. week.
Reaction in the trade may be short
lived because Of possible bearish In
fiuence Of the Lenten period. which
opens next Wednesday. and as well by
reason Of some oversupply Of short-fed
and warmed-up cattle this week
Movers" cattle may be a considerable
factor in the supply this week, altho.
doubtless. the majority OF stuff fed on
rented farms. which viii be vacated
March l. has already been marketed
The trade Is not worrying much over
possibility Of bearSh markets in the
early part Of Lent, since coolers east
and locally have been well enlPt!ed OF
beef the past ten days by reason OF the
strong stimulus to demand occasioned
by severe cold weather. The east has
been grfpped by below zero te!npera-
lures. and strong revival Of beef de-
mand was shown there the past week.
despite the competition OF Argentina
beef quarters and also in face Of some
fairly generous runs of cattle fed in
the east this winter.
AS the season advances prime goods
are commanding new high prices. a
1855 top being registered twice the
past week. eeta blishing new record for
February and Is cents above the Janu-
ary price. Everything Of class TO beat
500 had good market from the start
of the past week, and demand for them
strengthened each day. cattle making
s900ds.25 on Thursday and Friday,
which could not have sold Monday
within 15d25 cents Of that price. So
scarce were high-quality steers. how
ever, a compare lively scant quota
landed UP to $780, and spread Of $3.50
Ms.s0 took bulk Of right good beef
steers, averaging mainly 1880 70 Ito
pounde together with a fair crop Of
yearlings at the same money, while
prime 1o4o-p pound warnings topped at
1885. Bulk of shoro-fed 20 good handy
weight killers took ss.001s.4o, and a
long list Of warmed-up light and mid
die weigh. steers, common 10 decent
in class, landed at 1850 500, with the
tailings downward TO s6.75G7.25.
Sheep.
Sheep and lambs sold easily
Scarcity Of prime heavy aged ewes
has put them practically on a price
parity with choice aged wethers and all
eve stock Is selling relatively. better
numerous.
Slaughter in the west last week was
large. six western markets having re-
ceived about $4,000, against $4,000 the
week previous and 20s.ooo a year ago,
but eastern shipping demand has beer,
broad and the leading price making
factor.
In view Of the approaching Lenten
xess son and last weeks heavy slaughter.
some traders are inclined to take none
too favorable a view Of immediate fu-
ture trade prospects but just now the
market IL showing a healthier under
tone than II has had for some time
past, and only d deiuge Of supplies,
which appears improbable. and slump
in shipping demand which would be
brought about by material swelling
Of supplies on easredn markets. appear
20 stand in the way OF a good acting
market
Chicago Livestock.
Chicago. Feb. -Cattle-Estimated
receipts for today, $4,000: market
steady to strong.
Beeves :. ................. 1900 s.si
Texas steers ............. 5000 s5;
western steers ........... 500 rs;
etockers and feeders .... $500 SOC
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