The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-22
WEEKLY LIVESTOCK
REVIEW
FOR WEEK ENDING THURSDAY, JAN. 81
By U. S. Dept of Agriculture


Cattle
Last week almost all interested parties
exhausted their vocabulary in an effort to
portray the irregular and unsatisfactory
been different in only one respect. 1t has
been worse. Most of the contributing
factors to. last weeks sluggish movement
OF live and dressed meats we're conspicuous
this week, and probably more intense than
heretofore. Warm weather stayed with us
and there was little relief if any along
meat prices took another nose dive with
the expected reflection in live prices.
Marketings in general were held within
week, but not enough to, Offset other IN
f1uences: Practically all terminal markets
Tsp0Tted sfasc t0 Of hShy ca h o
eastern consumption Such kinds are out
of the picture at most, markets. with The
possible exception of Chicago. and substi-
tutions have proven unsatisfactory to buy
ers and sellers alike.
Shippers had orders this week for strictly
choice steers Of value to sell above So, but
with such kinds conspicuous by their abb
sence. the movement through that channel
was almost negligible. Supplies for the
dunn and near good descriptions to sell
from $4.75 to $6.75. Some desirable me-
dunn weights cashed from $3.50 to $40
and lighter offerings ranging in. weight
from 1850 pounds cleared generally from
$3.50 to $685.. Outstanding among the
weeks sales were 1,O7O-pound lightWeiglhts
load of 1,S85-pound bullocks at $40.
Briefly stated, steer trade for the week
average reduction 50 cents or more;
then some and now seem to be selling at
ridiculously low levels. Cows lost rs to SO
cents, usually around rs cents. Good and
With Slight loss, bulk $3.50 to $275. not
der S1.75 Heifers bulked from $3.50 to
$50 with q distinct minority from Sc to 81.
Fat COWS cleared generally from 3 to 81,
practical top $4.25. not many above 1915
veaiers held to last weeks prices until
Monday when a 50-cent advance was eff
on has SrbHsns fe SR to an od on
choice handyweights cleared today from
$3.50 to SO. Some weakness developed on
Hogs
Local statisticians and "old timers are
still searching their records and memories
than at present. During the week the
fresh pork trade suffered as much or more
than the beef TRACE and Of course for the ne
markets showed a noticeable contraction,
but not enough to Offset other influences,
consumption should be relatively high.
Last week, 160- o-300-pound averages
buiked at s4Q425; top $3.50. and c c.: a.
PAL WSABAbo tOhdy ldASCQ 11OL1 ~o.oO
to $4.20, top $4.25. net loss of TO 20
cents.
on a day or two during the period a
top was advanced to S4.55. Subsequent
price reversals absorbed all the advance
and more; so that the weeks story L, just
a repetition of the old downward trend
in hog prices. UnderweightS and light
lights lost another quarter and closed at
3.75 to 81.
Packers operated freely during the week
and probably accumulated more than half
of the available supply. Shippers we're
hampered to some extent in thei. opera
tions by relatively high prices, in COM
parison with other markets from which
needed supplies were obtainable. At any
rate, daily clearances were for the most
part satisfactory and the drift of prices
downward.
Sheep
Fed western lambs continued to COM
prise the bulk of supplies. Prices were
reasonably satisfactory but not up to last
weeks levels Last Thursday top of $640
was. recorded and this was advanced to
$3.50 Friday. On Tuesday few small
lots reached $6.75, with most good kinds
around $3.50. Wednesday, $625 stopped the
best and today nothing has been reported
above S. although numerous loads are
held firmly above that figure. For the
week, fed westerns bulked from Sc to $3.50
extreme top S6.75; natives generally $5.75
to Sc, few to $6,25; mixed and unsorted
offerings SIS to $3.50, common and medium
| 81 50 Tn Cd S0 Of hoo