Evening star., 1933-04-02
LIVE STOCK PRICES
CONTINUE: DECLINE
Fed Cattle Quotations Firm,
: but pops and Lambs
Are Lower.
BY FEANK I. WELLER,
A-toc,etsi r-ees Farm Esitcr,

So A sc n week CT eec,i,ing pr.cee has
aho.'t i97d sn e., o1ce of t,,e hznk
.rsshon6sS b9om cut of li-e sto-k va'uas
The Cil;3Tg1 market sho~'c1 fed ret
tie Of FL weieht5 rb1ut erre' to a week
.ss ago, tlt hrs v'e~e down IS to IS cents
sst and tnrbs -.cwcd c.n Of c'mi'ar pro-
pert ms. Thc ten en- s'ecrs was sSe5,
aosccmne-ed with s7l0 last week and
$3.50 two weeks. e--'ie- On .eacn cay
lo' fS4 er s4o5. conp-red With e420 Ia.
~. W. ek. ard thc bet CT l~~1bs scored
~ osly e5.eo, c"rccr-d r-,1f1 &c.
- Pree,u-e on NI--i.ct.
Stlye-s more or 1-s5 co-t-clled the
.5s!tfsde ca-':.r in the ve,k. epplv'n-
"e'pres-ure ct ererv t;,"n IN cattle. but
rece.pts liyi1tcn~d with thu result that
sellers got control end rei-stated the
I early ureren d1rntuT-;. Probob'- the
outstanding feature Of the rket was
the pressure al-rc~t constantly applied
to better grade light ofrcrir g. the good
) II to ehoice kinds which are bang en-
S ployed as sub titutes for strictly choioe
light and lo~g yccrli1gs row extent.
- NJ strictly choicn 900 to l.100 pound
s.ef-1 o. ye- rli'-g g hsve s',cvcd un ct
- Cnl1C.-D IN III" = g v W II 2HCeulLS
-i5Sor- -e--',c. fc- tn Of 1855
: On'v fcw Ic-dT Of l'g'lt rtccrs srd
long year':ngs p--cc+ SIS. he bulk Of
80 light cattle turning at $3.50 TO S575
-nAThe proportion ra,iing meGium to good
has expanded. while the crop of choice
kinds has ell but disappeared and COM
mon kinds are running sparsely. This
.ss.as a seasonal development and shippers
have had to draw their cattle from
kinds selling at $3.50 upward. Never
thsless, this class has been under the
hammer for two weeks end has declined
rst25 to 30 cents from the hieh time. The
refrice spread ha7 nerroWed until COM
mon cattle lock further out OF line with
better grades Of light cattle than at any
s. time this season and exceedingly high
y 'ecmnsrcd with loac-fed bullocks
NJ. With the supply e hight cattle grad
asdng strictly good and better on the wane
the trade is somewhat exercised re-
g gerd.ns the run for the next 30 to go
-Hideys. Some believe that the crop Will
be short, but others take the view that
= ecurrent prices are unsatisfactory, that
9lsn1ost cattle now being marketed are
either barely paying their way or un-
covering loss and that finishers are
III Holding for better prices.
Steer Shipments Large.
<aa WelSnsV Steers Sill are coming in
from all the big feeding States, which
i gives no indics ton the crop is nearing
4 exhaustion. According to some OBJ
q servers there are many light and
weighty bullocks to come, but the sup
,sply Is being nursed along in what is
osTeearded as fairly strong hands.
~. Slowness and weakness characterized
enfa the hog trade on most days. Most of
the price decline came early when re-
usceipts were heavy enough to give buy
TIERS the upper hand. Shippers had ex-
.treH1ely light orders, making the second
asErnallest buy of the season The fact
I that Chicago was relatively higher than
competitive markets probably tended 20
:, cut shipper orders there, but declines
Ia the Eastern fresh pork market had
their effect. The top ON hogs has not
!. slipped before the 81 mark since early
IN the month. 1t is 40 cents below the
pank holiday peak but is 40 cents high
er than a month ago.
5c Falling dressed prices changed the
sEcourse OF the lamb market. a liberal
midweek run giving buyers the first
opportunity In several days to readjust
3 slaughter margins as well as to buy
lambs with closer attention to weight
and other slaughter qualifications. The
= movement of Colorado fed lambs was
accelerated. other States contributing
s only relatively small proportion Of the
- crop.