| Show T THE H I 1 LIVESTOCK SITUATION 3 J A mcnaughton LOS ANGELES after declining to tile tho lowet levels in more than forty years hog prices havo made sharp re cocory carrying carry lne prices to tho the highet levola levels in about three mont months lis sonja some seasonal jeas onal aly advance wico had ad boon an od ad il tai hog values but tile tho moot moat tic had not looked tor tho the rapid recovery that urns lias locked for or the trading during aaring the peat prat two burh furhop or improvement in uio tho mey gouer generally ally bo be expected this sason ot of tho year as tho the trend of hog prices over a period 4 0 A many yi ears shows that tile the peak in generally la is reached in august aligns L government reports indi indicate pato that mark otinus for or the balance of 0 1832 1932 will bo be smaller than tho the large la rge receipts last year while private reports indicate a considerable lessoning lessening or loc tw for many afy farmers armors havo have found in sale of hogs pm practically ethically their means mcana of 0 raising immediate cash are in close witch touch with conditions throughout tho the middle ore are of tile the opinion tha many hog 1109 own onva ors era have brooding breeding stock us oa alea means od at paying current expenses and taxes another bullish feature that Is giving many to lu the trade great concern la is the breaking out of hog cho laroa larou in many sections these outbreaks been the result ot of lack of immunization many farmers farm els have not felt just in the expense with vaccinating their pigs and serious consequences two rord possible history shows that periods af ab normally low goA generally orally bring about sharp ahai p curtailment in production with eib normally high prices the usual result it rolma dils to be soon seen whether wh other or not uila this will bo be truo true tile the outlook tor for hog prices Is favorable and it would appear that the purchase of good brood BOWS at prevailing prices would be a u good investment I 1 i |
