The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-10-22
WEEKLY INDIANAPOLIS
LIVESTOCK REVIEW
For Week Ending Thursday. Oct. 20.
(By U. S. Dept. of Agricultural
HOGS


In spite of all predictions to the con-
trary the market movement of hogs con-
tlnued undated proving concluslyely that
when hogs are in the country some will be
marketed every cav ana every week This
is fundamental. Whether they come on
account oil snort feed. unpaid notes. unpaid
taxes or Wnat have you, they come Just
the same in reasonable numbers
Packer buyers. shippers and all interests
the distribution of local supplies was fair
~ satisfactory from day to day. Present
prices although seemingly low. are not
haps the inability. of the consumer to ac-
0ulre the dressed and cured product at
correspondingly low levels
There was a noticeable shift in price
position this week, resulting in the eleva-
ton OF lights TO the peak position, a place
11scentIy reserved for butchers scaling more
Price trend for the week was unmistak-
ably downward in spite of all sustaining
efforts, but the net loss was less noticeable
than the narrowing of the price spread.
With present prices prevailing there can DC
no wide range in prices and outstanding
and condition, regardless of weight
Top price tor the week ranged from $395
down dow to sS65 the prsscticai top TO-DAY.
Weightv butchers. $350M365. pigs and UNI
derweRhts, S3.50q3.75, packing sows. So. IS
down to $3.50 and smooth light sows al
most on parity with heavy butchers
CATTLE
Most producers and finishers Of cattle
who withheld them from market with the
expectation of realizing abnormally high
prices we're severely disappointed this
week. Last weeks slump started a lot of
good cattle to market with the not un-
expected price reversal. Long fed steers
little more bringing the values of such
kinds full $l.5OG2.Oo under the recent
high spot.
This price alteration was effected in a
period of around two weeks and not more
than three weeks to say the least. That
they were top heavy every one knew but
another, matter. 1t came and steers that
sold only a short time ago from $9@9. so
and sometimes up to $40 cleared this week
Most cf the setter conditioned steers
sold from s7@8,80; top $s75, largely on
shipper account, common and medium
packers who were inclined to avoid the
high priced offerings There was a de-
pendable outlet however. at, the revised
steers from $5.25@6.25, most of which we're
considered worth the money"
Heifer trade was indispensable and in
some from the terrific pressure to the
steer contingent. Strictly choice kinds
were were conspicuously absent and even the
Practically all OF the weeks supply sold
from $3@5,75, on what was commonly
called 'anybodys' market In other
WOIuS nelVneE Duyer OF seller naQ
positive idea as to intrinsic value.
Cows were in about the same condition
so far as price conditions we're con-
sidered None were higher. but with all
grades from Gamers to good beef COWS
selling within an unusually narrow range
there was little chance for material price
change. Most beef cows caShed from So. 40
M3.50, low cutters and cutters from Sld
S2.25
vealers lost big dollar this week.
Sorting was not much different from re-
cent periods, heavies and thin light kinds
received the usual discrimination. In fact
no one has n definite home for such KINGS
and some statesmen have asked that they
be held for further conditioning Starting
from a $3.50 top the peak moved down
ward 10 Sc and then to $3.50. the closing
quotation only a few OF the most de-
sirable kinds attain top prices, so for the
week good and choice vealers cleared with
in an extreme range of S566.50, common
down to $3.50 If salable at all.
SHEEP
Lamb supplies differed little If any from
last week Offering except that wet fleece
ably in sympathy. with large supplies and
depressed markets elsewhere. there was
sharp break in prices for the week ter
minating in S0m75c decline for the
week. From top of $3.50 last Thursday
the peak price worked down to $50 Mon
probably due to condition and consist of
the available supply
For the week good closely sorted eve
and wethers bulked from S5M $50 closing
at S56525. bucks. 81 less. bat gradually
becoming less numerous. throwoutS down
OF Sim2. few to the country at $2.50 and
batter cuiS around Soc