Evening star., 1946-10-16
Catt|eHitS35.25;
Records Broken
In Wild Market
Flood of Livestock
Fails to Satisfy
Demand for Meat
BY the Associoted Pres,


highest cattle prices on record to
smitheresns in Chicago today in
one OF the widest sessions the
stockyards ever saw. They forced
hog prices up to the new record
established yesterday and indi-
Gated yesterdays record price on
lambs would be we'll broken be-
fore the days trading ended.
From all over the Nation came
reports of much higher receipts of
livestock than were anticipated
overnight. Despite the increasing
flood of truck-borne herds to
terminal markets the demand was
still much greater than the supply.
In consequence fed steers at Chi
cago hit s35.25 a hundred pounds,
far above the s3O.25 record set
August 30. Hogs again sold at
S27 so, the new peak reached yes
terday, although later sales weak
ened to around SIG as buyers
could not find facilities to move
I out their purchases. Lambs were
being held for higher than the best
bid price of $26.50, compared with
the record set yesterday at $25.
Large Run in Cincinnati.
In Cincinnati a total of $500
hogs hit the market-the largest
run since last January /, when
1000 were recorded.
Early bids indicated the top price
would fall below yesterdays. Top
prices in the early rounds reached
s25.
Cattle prices were firm. with an
early top of $3.50, showing a So
cent increase over yesterday.
In Kansas City, producers sent
cattle and hogs to market in such
volume early today that police were
called to direct traffic in the live
stock district and trucks jammed
streets. The same situation existed
in Omaha
The first day after the lifting Of
controls saw the Nation generally
still on short meat rations and
prices-where supplies had reached
the retail markets-substanti
dUoFS oFA ceilings.
Trucks Choke Highways.
Highways leading to Kansas City
from all directions were choked with
trucks loaded with livestock.
/ Unloading was delayed by a short
age Of help at the stockyards where
gateman estimated 5000 to $4,000
cattle and 5000 hogs had been re-
ceived before dawn. Policeman
Foster Thornfill reported that at
one time trucks were lined up for
Is blocks
A checker at the truck unloading
docks reported livestock had been
unloaded at the three docks at the
rate of one truck about every. five
minutes since sundown last night,
and that the flow continued through
out the night.
Clyde Rose, Olathe, Kans., trucker
who brought in 80 hogs, said stock
raisers in his area seemed to be
shipping everything that was in con-
cition to leave the farm.
Sure Prices Won't Last.
Herschel Winfrey of Sweet Springs,
Mo, who brought two truck loads Of
hogs, said:
Il know these prices can't last,
and so do the other raisers around
Sweet Springs. They are all ship
ping"
indianapolis led all hog markets
with 10000 head on sale, followed by
Chicago with $1,000, and Sioux City,
Iowa, with 10000.
The II principal markets of the
Nation totaled $4,000 hogs today,
compared with 10,340 week ago and
% .321 a year ago. Chicago traders
expected no more than 1000 over
night, but there, as at most other
markets, trucks rumbled all night
to line up for the dawn disgorging
of next months pork chops
Rail shipment of livestock was not
expected to make much of an ap-
pearance until next week because of
the slower method of cattle car allo-
cation.
Predictions Vary on Supply.
A survey conducted by the As
|sociated Press in the Nations princi-
pal cities found predictions regard
ing ample supplies ranging from
''by the coming weekend to mot
until Thanksgiving
Asking prices in New York ranged
from former ceiling to a fiat dol
lar-a-pound for anything you see."
Prime ribs of beef rose from A
cents pound to 81 at one big
market. Porterhouse steak from ST
to rs cents and hamburger from 20
to SO cents.
Clyde F. House, Agriculture De-
partment market analyst in New
(See MARKETS, Page A-5)
.cnId Fnrrae WaIIarn