Show L F SITUATION I 1 U arv at me 11 treks flo livestock markets havo have boon been maintained on oil avory a very stable basis during tile the past week dally daily re nt at the los log angeles angelas ste ok yards have boon been absorbed readily each day with tile tho bettor better grades in urgent demand and a aud and narrow outlet for or chinin on and interior inferior grades grade 4 or ol steers and cows thoro thorn la Is very little if any change in quotations as aa compared with barlier tea iller lif in tile tho month ilog hog prices aro are slightly lower as packers have had to adjust prices of hoga to bi biang ing the live animals more in alne with ceiling prices on primary cuts sheep and lamb aro are steady with firm donand domand the governments unprecedented order culling for ceiling prices on oil wholesale and retail prices of beet beef cuts has tended to slow up trade lightly but on the whole demand in the cattle market had held very good and necos ninde mado with a minimum of confusion Ilo however wever tile tho meat trade tins been materially affected As AA was expected when biot weather came tho the demand for foi the so called economy cuts of beet mostly from the tore foro quarters dropped oft off sharply while there was a much greater call for steaks and roasts from the loin and hindquarters under ordinary conditions tills situation would have been met by making price concessions on oil the tha fore quarters and increasing the pric 09 ol of loins ribs and hinds under the price ceilings it possible to I raise ilise prices on the cuts most moisi in demand so BO packers say that it they move the economy cuts it mafli be done by lowering prices getting less les for the carcass it to la possible that advertising by the american meat institute and educational work by thu tho national livestock 4 meat board may help belp to keep unbalance in balance the demand tor foi all primary meat cuts cut through the different seasons of 0 tile the year bear but as a general thing conj consumers umers tor for generations havo have been laying buying steaks and chops at premium prices in hot weather and have byon been willing to ta taka kethe the cute cuta which require more inore time in cooking only at substantial price discounts the theory of ceiling prices on wholesale and retail cuty cuts of beef working out too ton well in actual practice and some weakness in the cattle market itt hi hot weather may result unless housewives can be prevailed upon to change changa their hot weather cooking habits actual sale at tile the los angeles union stock yards during jhb past week show medium to good isteena soiling selling at 1160 to 1376 common and medium spoors 10 to lo 1150 good goad hestera heifers 12 to 13 common and medium heffers heifers to 1150 bulk or of cows 8 to with some up to 10 a cwt cat canners and cut cutters terEl 6 to bulls to 1076 native veal calves are la in better demand with tho the bulk at 12 to 14 choice up to 16 a cwt cat tu to hosa were quoted at 16 and choice lambs lamba to 1360 |