Evening star., 1933-04-30
LIVE STOCK PRICES
!. JOIN IN UPSW|NG
Market Now in Line With
Forward Movement on
Other Exchanges.
BY FRANK /. WELLER,
Associated Press Farm Editor.

Live stock values. rejecting some
trade adjustment and much of the bull
ishness in speculative commodities have
scored their first advances since the
mnationary movement started, three
weeks ago.
Cattle ruled steady to Is cents higher
at the principal markets, hogs 10 to 20
cents higher and lambs advanced 25
to 40 cents. Although the steer top at
Chicago went to s7.l0, compared with
sold above $625 per hundred-weight-
the practical stopping point for the last
month on toppy lights and long year
Hngs. The top on hogs rose from $395
to $4.05 and Colorado wooled lambs
brought $615 from a Chicago city
butcher. the highest price paid there
since early March
Pork and Provisions
The fresh pork market crept up lit
tie and provisions continued to advance,
making for good undertone in hogs,
despite big daily supplies. More bull
1shness was apparent in dressed beef
than usual, at least in the form of
higher asking prices, but while loins
and rounds sold higher the chuck mar
ket was very sluggish at times and
lower. The general price levels on the
entire carcass showed little net change
Consumptive demand seemed hardly
broad enough to support measureably
higher prices in beef.
Daily asking prices on cattle were
higher and additional bullishneSs de-
Veloped on the fact that despite larger
offerings than expected buyers came into
the yards and competed. Shippers were
Racr faI1 nff <ka IL
eral run of medium weight and weighty
bullocks at the maximum advance
The weeks steer crop suggested rela-
tive scarcity Of finished light and long
yearlings and continued liberal supply
of weighty stock. Trade interest Is
anxious as to the available supply of
heavies which have been active over the
last two weeks, and opinion Is too mixed
to hazard a guess on the run for the
next 80 to 60 days. Demand may have
broadened for cattle because the tail
end Of the weighty steer crop Is ap-
preaching, but there Is feeling in the
trade that it has been Influenced by
the advance In various agricultural
commodities which are dealt in specu-
latively.
Activity on killer account firmed up
the stocker and feeder trade. although
country demand was narrow. The
supply was small due to heavy slaugh-
ter purchases and the fact that suitable
replacement kinds did not show up in
great number.
Hog receipts were the heaviest Of the
season but the market carried a strong
undertone most Of the week. A big
bulge in prices occurred on the initial
session and was maintained to the
close. Big receipts were accounted for
partly by the fact that taxes are
payable the first Of next month in
several States, and also that some hogs
which had been held back for q re-
turn to the 81 mark were brought in.
Lamb Prices Higher.
A shortage Of finished, old crop
lambs carried most classes higher
during the week. In instances the
market went up nearly IS cents at
Chicago, killing quality considered.
Buyers waged losing fight all week
long except for a period when shippers
temporarily withdrew and prices re-
acted before the loss was reinstated.
Increased loadings Of clipper lambs
from corn belt States took up the
slack somewhat in supply when the
crop of Colorado fed lambs dwindled.
With the exception Of few shipments
from California Spring lambs were alb
sent at Chicago.
At times the live market defied a
bower trend of dressed prices because
there simply were not enough well
finished lambs to 60 around.