Show i Livestock J AM lot Los Angele We We continue to get altogether er to too many poorly finished and common we Angeli-we ands of cattle It is thil th t this condition should continue in vew v ew of the relatively cheap chelap feeds o 0 ol all kinds which can be best ensued caste i 1 in feeding to livestock I Instance S are wail vall ble hIe where b barley IS as being sold t as low as 15 1500 00 per ton At prec pre nt p ces ces of beef and pork it will field icid about double th the price e of or grain gram at t the e present time In the mea rime ime we are bringing m in gram grain finish d i cattle from frOom the mid mid- mid dle dlee e t to me t the requirements of better b beef f 1 While h hile e price levels le have gone one down n sub sUlb during dunne th the thelast thelast last week eek on c and half fat half kinds the bett bettar quality is holding reasonably bettt firn firm I I Four bids 11 poun pounds grain gram fed steer steers brought 11 65 per cwt ew t on Tuesdays Tuesday's s 's market 1400 of the common a aria half finished kinds on land hand can only be sold at a price prue because they onto ar at not what hat the trade wants IThe I The lamb Iamb buss business esa is showing a lit lit- little lit little tle tIe more within the last two weeks but there IS no reason to be- be believe be believe lieve that we e nr ar going to hue huse much Improvement m in prIce rice levels They didn't come dow do ll 11 it t once and they cant can't be l to come back all at once This however hoover is no excuse for anybody going out of business who has the feet feed fee l and fac facilities I Present price are inducing a ai i number of or peo e a to pick up some feeder lambs an I also breeding stock Present prices to Induce the owners to keep back at least their the breeding stuff b l t the trouble is 18 we get panicky i prices come d down wn Bud and nd think Hunk we mi ml st t unload This un unloading ng u is usually done done to the ben benefit fit of other fello felloe If they are arc good I for him Mm they are arc good for you so sol t lets let's not get th thi impression that we weare e jare are going out thi d the sheep b business mess It is too nt to our food fu d sup sup- supply supply j ply I I Hog prices a ai stIll on a profitable I basis around l 00 per ewt wt The buLk of f the thoe ho for the coast tra trade de ho however contin to come coone from the st st nea ne-a 2000 miles nules of transportation porta hon th the ing 1 mg ing shrink and ath loss to say nothing of the fr fright charges say So far as supply is 15 concerned there is nothing BI p the horizon n toc to m-I m in teate c Bate anything like a price slump but bute vie e mu t be mindful of the the- fact that th all classes of fo f ds arc are relatively cheap N t the s ed ed cd purchasing po power er of the working working- mians mian's dollars he s getting less dol- dol dollar dollar dol dollar lar hence his hI's p purchasing power po IS less Under normal conditions vie can assume with reasonable certainty Cl th that 3 t where here the supply decreases I price increases but what is 5 a sufficient sufficient supply under under normal conditions may may be c too much now ow It 1 la is well vel to keep in m mind tha that the price of or feed IS on a low base and it is worth orth alot a lot lot into m meat at more mone money atI I foods on the ran than if sold as feed on the present market I II I l |