Evening star., 1932-08-21
LIVE STOCK PRICES
HAVE SHOWN DROP
Cattle and Hog Values Dis
play Weakness After Touch
ing High Mark.
BY the Associated Press

BY the Associated Press.
Both cattle and hog markets dis
played general weakness this week, al
though choice weighty steers scared to
a new high mark of $685. for the season
and the prices paid for heavy butcher
hogs held up fairly well due to
brisk demand A scramble for choice
lambs, due to extreme scarcity, featured
an otherwise quiet sheep and lamb mar
ket.
Increased cattle receipts at Chicago
and other large market centers, un-
favorable reports from the dressed beef
contributed to the general downturn in
prices. Light steers and yearlings were
affected severly, selling 25 to so cents
lower; light heifers and mixed yearlings
declined about 25 cents, while weighty
heifers showed more loss at the low
point.
High Price for Steers.
Heifers, however, made comeback
toward the end of the week, which left
most of them about 25 cents under last
weeks prices. One reason ascribed for
the decline in heifers was their smaller
yield Of beef compared with two or three
weeks ago. The practical top on light
outstanding offerings brought $685. and
S875
Eight loads of weighty steers, scaling
1908 to 1885 pounds brought the new
high for the season. This was due to
the relative scarcity of choice heavy
steers, continuing shortage which has
been rated the chief factor in boosting
cattle prices considerably above the low
marks of May.
Owing to a small supply and wide
demand for replacement cattle, prices
for feeders and stockers advanced rs
cents Kansas and Oklahoma steers,
weighing better than 1l00 pounds
brought S6.25; while Montana yearlings
sold up to $500 on country account.
The beef-coW market seemed to be in
the doldrums. fat grass cows and few
grainfeds closing Is to 25 cents lower.
Grass fat COWS reached new bottom
for the season, selling mostly at $3.50
to $3.50 Cutters were fairly active and
closed steady. The supply Of vealers
was small, resulting in steady closing
market with the bulk selling at Sc to ST.
After a steady start Monday when
a peak of $50 was attained, hog prices
declined unevenly until Thursday, when
the market registered some strength
Thursday's peak, however, was only
s48O, within S cents of the lowest top
since late in June.
Hog Receipts.
While aggregate hog receipts at the
II important markets showed de-
crease of $4,000 from the previous week,
the Chicago run was larger, and ship
ping orders were reduced. The average
quality of the run was described as
slightly palmer" than week ago with
a larger percentage of packing sows.
In the sheep and lamb market, choice
lambs were very scarce. while the supply
of the in-between grades was enlarged.
Choice natives advanced 25 cents, but
rangers we're not in steady demand and
lost early price gains.
The practical Chicago top on native
lambs Thursday was $3.50, one small
lot selling at S675 to packer. The high
for range lambs was $3.50 paid early in
the week by a city butcher for single
load. Most of the range lambs were
said to show quality deterioration, grad
ing good" rather than choice" Owing
to the large supply, in-between grade
lambs were hard to move.