East Oregonian : E.O. (Pendleton, OR) 1888-current, 1914-01-20
CATTLE MARKET WILL
SOON ADJUST ITSELF.
SHORTAGE STILL EXISTS. SAYS
COHEN; CANADIAN INFLU-
ENCE TEMPORARY.
Good Advance Likely But There Il
IAmit TO Price Consumer Can Pay
Snelt Now Factor in situation.

Editor The Oregon Journal)
The extreme weakness that has been
shown in the cattle market for some
days is causing alarm among some
interests Of the interior. II is very !
unfortunate that such condition .
could exist at this time of the year
when II takes so much money to put
cattle in prime condition but the fact |
remains the market is not only ex-
tremely weak and low-priced but un-
naturally sluggish for this time of the ,
year.
There Is much blame in this matter /
that can be safely attached to Puget
Sound killers who have, purchased
quite literally of Canadian cattle OF
late date. Temporarily they have
forced the market into a deep rut
that will be hard to extract the trade. !
The ultimate position of the mar
ket for cattle is just as sound today
az II was when tops were selling at So
or better. There is just as great a
shortage in the country as then; the
only difference being that the am
cunt of stuff that has come to mar
ket has increased.
While It Is not likely that cattle
prices will rule much higher than
previous to the downfall of the mar
ket recently, there Is sure to be re-
action unless weather conditions are
such that receipts continue liberal
and demand liberated
With the Lenten season not far
away, there will naturally be some
hesitation among killers to stock up
with supplies Seemingly it would be
very good investment for them to
purchase cattle at low prices and hold
for an advance, but the cost of keep
ing them in killers ,pens is so much
! greater than they can be kept at home
I that all of the benefits derived from
purchasing them at low price would
| disappear
1t is a number OF months from this
| time until grass cattle can possibly
enter the market. Until then there
! are likely to be various periods
wherein supplies of cattle will be at
a famine stage. During such inter-
walls there is no doubt that extreme
values will be forced
| Those that look for far better VAL
ues on average trading during the re-
mainder OF the present season are
| very likely to become disappointed. A
good advance is likely that will bring
values to the former high mark or
| fractionally above II. but far beyond
that range would simply mean that
| the average consumer would be COM
PEELED to forego the eating Of meat
altogether. At the present time the
| meat trade is being curtailed by the
| great numbers of smelt that are be-
| ing caught in the Cowlitz and for
which extremely low prices are rui-
| ing.
| Those that have excellent quality
| cattle need have no fear of price re-
suits for the future of the present sea-
son. There has been and is always a
good demand for extreme quality.
Little of this has been Offered recent
| y therefore 1t would be extremely
hard to tell what the price would be.
With the present rush OF Canadian
cattle to market. over, il is not like
" that there will be much offering
from there within the immediate fu-
ture. The lack of feed was the only
cause of the present rush to SELL
New Brand Law-Sec. 1. That Sec.
sb2s of Chap. 6. of Title XXX1X OF
l. O. I. be and the same hereby Is
amended to read as follows: Sec
sbcS-When a brand has been re-
corded in any county. no other per-
son. company, or corporation can re-
cord the same brand, or brand simi-
lar thereto, except with the written
consent Of the owner of the brand sc
recorded, which written consent shall
be recorded with the county clerk;
and it shall be the duty of all per-
sons. firms or corporations now hav-
ing brands upon record to renew the
same by oral or written request by
the owner of recon- of said brand to
the county. clerk within one year
from the passage of this amendment
The county clerk shall make me-
morandum of said renewal with the
date thereof on the margin of the
record of said brand. All brands, the
record of which shall not be renewed
as above provided, shall be cancelled
and may be appropriated and re
corded by the person first applying
therefor. Filed in the office of the
Secretary of state, Feb. &C. 1918. See
Or. Laws. 1918, pages 501s.
Favor Grain Elevators-At a farm
ers meeting at Madras last Saturday
evening the farmers of Madras and
Metolius went on record as favorint
the use of grain elevators so as to ell
inmate the grain sack. During the
meeting speakers brought out point:
that were made by Louis Delivuk a
the recent farmers u\on gathering
here.
ii Bounty on Animals-For gray Of
timber wolves the state pays a bount.
of $40 and the state game commits
sion $50 more; for cougars, gam,
commission SIS and state $40: for Dol
cat or lynx. game commission 81 an,
state 81. This bounty will be paid oI
March I. on any such animals kille,
) since Oct. I, 1913
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pCTt,v EO1sOn