Evening star., 1932-09-04
live STOCK PRICES
| SOMEWHAT EASIER
Cattle Fail to Exceed $40
Mark Established Last
Week.
BY FRANK /. WELLER,
Associated Press Farm Editor.


Beef cattle failed to move above last
weeks $40 mark as weakness developed
on the extreme close of the current
marketing period.
For the time being. 1t seemed to OBJ
servers, activity may be confined to
steers selling slightly below the peak
price. owing TO the scarcity Of those
scaling over 1900 pounds, numerous
loads of the kinds which went at SO to
50. so at Chicago last week chalked up
$s.25 10 ss.75. Shippers and order buy
ers were compelled to substitute these
when the supply of choice heavy stock
proved inadequate and they alone nm
ished strong to IS cents higher.
Large Run at Chicago.
The sentiment of the market was en-
tirely changed from that of week ago
not only because of water fills but also
because liberal runs had satisfied killer
demand earlier in the week. Because Of
q sluggish dressed beef market and the
fact that Monday will be a holiday.
killers were in no mood to buy cattle
and hold them until Tuesday. especially
SllCC tItClI WChC NCAA PAONAACA
with beef for which the market was
dull and lower.
Light steers and yearlings predomi-
mated the run which was the largest at
Chicago since January. And it was
such cattle that were under pressure.
Paper losses amounted to so to rs cents
and in some instances 81, but relatively
few killing sheets showed downturns
amounting to more than 20 cents per
hundredweigk.s. The sis END - this
crop made $T.25 to ss.25, whereas SINH
| lar cattle sold for $3.50 to $8.75 a week
ago.
The way the market shapes up
weighty bullocks are largely active and
uniformly high: toppy light steers and
long yeariings rule mostly steady at well
above SO and the predominant supply
| Of light steers and yearlings OF lower
| grade uneven and sharply lower with
light heifers and mixed yearlings on
with light steers.
| Approximately 1000 head of Western
| grassers showed up at Chicago. the
largest run Of the season. The Western
range run still is relatively small and
for the most part is made UP Of stocker
and feeder animals on which prices
have worked weaker to 25 cents lower
under failure Of the country to take
i
| There was no distinct change in the
trend Of the Chicago hog market ex-
cept that the accumulation of receipts
on Monday carried prices to a new low
| for the last two months. 1t reduced
offerings and part of the losses later
were retrieved. Closing prices stood
mostly 10 to Is cents below a week ago,
although some of the best light weights
were only to 10 cents off while pigs
and light lights showed a Is to as cent
loss. Packing sows finished weak to Is
cents lower.
Shippers Inactive.
Shippers were relatively inactive, due
partly to the Labor day holiday, when
killing viii be suspended at most of the
Eastern centers, and partly to the COM
paratively high prices quoted at Chi
cago. The late practical top was up
again to s4.85.
Daily runs Of slaughter sheep and
lambs continued large and yet the mar
ket gradually worked higher, inbetweer
grade lambs being especially attractive
to killers at last weeks low levels
Shipping orders also showed expansion
The big feature was the way packers
bought lambs lacking some finish in the
face Of declining dressed prices. In
instances the market went IS cents
above a week ago. The top on West
erns was $6.15 and a fair-sized quota
Of natives went at S625 to $3.50 for
an extreme top Of S675 o@