Evening star., 1932-04-17
LIVE STOCK PRICES
CONTINUE STRONG
Better Demand for All
Classes Persists During
Last Week.
BY FRANK !. WELLER.

Associated Press Farm Editor
The better demand which a week ago
changed the tone of the general live
stock market has continued through
another marketing period and most
classes held their ground or moved up.
1t Is speculative what may happen
when the coolers and hangrails are
filled again, but there is evidence the
short supply of weighty steers is fading
and that prime light offerings may
share top prices with them. There
seemed to be significance in sale of
l,O63-pound yearlings at S8.35, Chicago,
while a very highly finished load of
Iowa fed steers scaling 1929 pounds
had to go at S840
Low Priced Steers Strong.
The prices were identical with last
weeks top But, had it not been for
buyer unWillingness to tilt the lid. the
weighty load easily could have brought
more money. They would rather pay a
premium Of Is to so cents on inbetween
grade Welghty steers, Government
market reporters say, than bid up the
top.
Next IN Importance to active killer
buying IN both large and small markets
was the stable manner in which low
priced steers held up On the face of
increased receipts. lower prices we're in
the cards from Monday on. but instead
there was what the trade commonly
calls good market" on all classes
and grades
A glut at midWeek took 25 to so cents
Oh the Chicago price for light heifers
and mixed yearlings, but butcher heifers
advanced Is cents while the bullish
market on common steers held beef
/ COWS and heavy heifers to a creeping
upturn
The trade suggested the country re-
| @ @nenlpsr thlS weeks competition was
forced by low dressed stocks when cal
culatlng next weeks offerings.
Activity features the fresh pork
trade, improved prices being particu-
| iarly evident in loins. It was reflected
IN CITY butcher and small packer de-
| mana Tor hogs and to some extent In
| shlpplng orders, although the latter
/ were Curtalled somewhat at Chicapo
| by relatively lower prices at some
/ competitive markets
IN measure that may explain why
! lgnt lights lost about 5 cents of last
weeks 10 10 IS cents advance For
tIie most part the hog market was a
oupncate OF the previous week rs
values sagging at mid-week only to
hnd strength returning at the close
Total receipts at the II principal
markets we're l8 per cent above a week
ago ana 3 per cent above the same
week last year. The weeks top tumbled
from $3.50 last week 10 s4.35, and at
one tlme was within IS cents OF the
low Tor the year at Chicago.
That market paid $3.50 to Ss.75 for
the first California Spring lam bs
oi1ered on open sale there this season.
Buyers tried repeatedly TO lower fat
lamb prices without success and the
close was easily is TO IS cents higher
on near choice grade at the Illinois
point. Common and heavy ewes found
rough going at times due TO prospective
larger supplies of sheep from the
Southwest. Taken as a whole the
market was satisfactory to sellers in
spite OF the fact that buyers and
sellers spent considerable time each
day threshing out differences OF
opinion and then rushing everything
to the scales much like they did in the
Colorado fed lamb season.