The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-13
Indianapolis Livestock
Review
WEEK ENDED NOV. II.
BY U. S. Dept of Agriculture.
HOES


Hog prices moved within narrow spread
curing the Thursday to Thursday period,
terminating in slight loss in average cost
More important than this. however. was
the trend toward a one price market. This
anticipated In this shift Of position light
tent while medium. weights and heavy
butchers lost little ground. Today's
bnk Good ga and y cSode one price affair
!ections going at $500. A few outstanding
lots cashed, at s5.O5 and one load averag-
This compares with last Thursdays bulk
price Of $495 to $3.50, top S5.35.
70, For the period under review. local prices
competitive markets and on some DAYS a
trifle higher than might be tustifiable ex-
price, range of S4.75 to $500 has taken
most desirable lights from 100 to 100
p PC ~ Most packing soTs cleared froa
butcher sowS to $4.85 and better.
CATTLE
Starting the week Monday under what
s SCENE to be favorable influences all
and, prices were firmly held at last weeks
several loads of finished or nearly finished finished
c6r2 0ntet shP PT tpT0Gidgd salts
loads averaging 1872 pounds cashed at
81 Ii TO- and three loads Of lightweights
Other desirable lightweights realized
STOPS. Lower grades of all weights moved
generally in a range of IS to So.
tirely different Story. Prices s De ta um led
abruptly. indicating that recent prices for
better grade steers were considered out of
and other species of livestock To pay the
least, prevailing prices were obviously top
heayy and an adjustment to lower levels
unavoidable. Conservative estimates place
the loss at so cents and it is believed that
a oecllne OF 81 VIII be uncovered when net
Lightweight steer offerings selling from
1918 to $3.50 compared favorable with
those from $3.50 to S10.50. only a few days
ago. Without assuming to forecast a posi-
high prices for finished steers can not be
expected to prevail unless lower grades are
Variations in She stock values from day
70 day have been of minor nature and
little net change, has been noticed. Beef
several around $4.25 and practical top of
$3.50. This does not mean that strictly
choice slaughter cows would not command
value to sell above s4
Demand for good and choice light
but lower grades were sometimes under
pressue. Bulks of the weeks supply sold
from from; $3.50 70 s7.25 with more desirable
cutters and cutters held to a range of
$1.50 to S275, excepting for old Shelly
Vealers held to last weeks price level
until wednesday, when so cent decline
was effected placing good and choice
kinds at $3.50 to So. mediums largely IS. so
to $3.50, and common offerings SO to 50. so.
SHEEP
Lamb prices followed the usual up and
down daily trend with little net change for
the period. Daily fluctuations are at
tributed more to sorts. wet feeces and
varied consist of the available supply than
to noticeable trend in market conditions.
Good and choice lambs cleared largely at
$500 to $6.25 with a noticeable number at
Sc! IS. Some bucks and unsorted lots have
cashed from $500 to $5.75. throwouts down
to $500. Ewes held generally to a range
usually being acceptable for return to the
country. Gull ewes of course selling down
to S100 and less.