The copper era and Morenci leader., 1922-11-10
L0s ANGELES STOCK YARDS OPENED ON
 NOVEMBER lST

The Los Angeles Union Stockyards financed and operated by the same interests that control the stockyards at Chicago, opened for business No. 1st. Ten thousand livestock men and business men from all parts of the southwest attended. The Mayor declared the yards open, speeches, and a barbcue followed -r
 The first load over the scales sold at cents the top price being paid for abunch of Idahos, a courtesy price for light 1856 fb steers as be- ing the first load sold.
 Jackson Hole and Pinedale Wyom- ing brought in some fine fat steers and cows. These were great toppy fat, compact steers and heavy COWS.
 These steers sold at to $50 and one load of cows at the top of cents At the same time ordinary 1000 ID fat whiteface steers sold at 7.5O to ITS and fat 1000 fb COWS to 5.75 and lighter COWS to $50.
 Some fine fat steers from Inyo did not draw bid the first day. The packers were rather full with pend- ing contracts those that did buy paid highest possible values, but re- fused to undercut prices. While some condemned market where they did not get low price bids at least there was chivalry and protection to pro- sducers in this packer action, and it augers well on this market where 60To of the city kill is independent The fat heavy steers and the fat heavy cows will all be absorbed The first day held over 400 cattle but most of them were the light nearly fat or light fat and not top quality '
 Lambs from Utah and clipped lambs from California sold rapidly and the latter 73 ib average brought 1925. A few bulls sold at 4.25. The hogs went we'll at 11:O0 to 11:5O. Old fat ewes brought 6to 6.75. No calfes appeared but would have sold at to 7.50. load en route sold and delivered to packers north with out unloading.
 The second day showed good offering of heavy steers and cows with ordinary light cows, common. COWS, a few yearlings etc. In the first two hours feeder and stocker demand was apparently absent It
  have rains or the producers who ship in common stuff will get low price, and by that mean from 575 cows. unless the general market betters.
 These drorthy and other range districts making Fall clean ups are sweating to ship at once. They have run down feeder steer prices in the country to .475 where they were 5.25 bfore, and as usual the lower the price the more any buyers drag and the less turn seems possible.
 California with rains and grass will need many cattle. With chan rels and new freight rates there is no question of the Los Angeles mar ket future in feeder and stocker supply, but producers in the country can well consider this, straight ad- vice, adn that is not to crowd in with common stuff too soon, and ii they must do it ten days or so ra- ther than now. There is car shortage, and many cattle are tied up.
 The Los Angeles market uses about 1000 killing cattle q day and is short on lambs and hogs. The feed CT and stock cattle demand through here should exceed greatly the kill ing number, but a river must estab- fish it's channel, and righ tin between season the outside district cannot hope for the market here to absorb cattle on a high priced alfalfa mar ket, before rains make green grass, or the loan companies get into ac- tual operation advance to buyers with feed.
 If you ship in common stuH ana you don't get your price you have had the warning. There is an out let that's safe on nearly fat cows or steers or big framed cows and steers that will make heavy beef, ii you can figure 3S cent daily fat ration on No short feed per day gain. This outlet is here i'll the Globe mills near the union stock wards. On 100 day feed the gain on big steers will go up.
 The men who can hold cattle for market in 30 to so days should meet an active demand, for every pros pect now points to good year ln California. The sheep and hog de mand is good. The 1000 ib to 1900 tb cows is good for 5.50 to cts. and the HOO fb to 1900 tb steer for 7.5U to 8, from every market indica- tion.
 A. l.. SPEI4LMEYER MEN ,M EpANcE