Show ae live 1 0 k sto tuition fion los angeles may 21 24 2 1 substantial advances in livestock markets have carried prices well above any previous time this year with hog bog prices back to the peak value of 1932 along with higher markets on tattle cattle hogs bogs and lambs encouraging strength has also taken place in hides wool and other products byproducts by hide prices are now virtually three times limes higher than earlier in the year while wool prices are more than double this time lime last year therl there appears to be a substantial undertone in the livestock trade due to lo general betterment reported in employment and improved retail sales along with improved market conditions there has been increased inquiry tor for replacement cattle with values advancing in sympathy with tat fat stock livestock slaughter in the united tales states so tar far this year shows substantial declines from last year A compilation of oc all federally inspected slaughter shows that during the first lour four months ot of 1933 cattle were slaughtered a decline ot of from a year ago and tho the smallest slaughter during the post past five alve years calt call slaughter also was the smallest during the five year period hog bl slaughter aughter at compares with last year and five years ago for the first time in live five years slaughter ot of sheep and lambs shows a decline totaling tor for the first tour four months ol of 1933 against last year it is also interesting to note that despite the general opinion that packers are buying younger and lighter cattle than ever before there actually was little difference in carcass weights of cattle slaughtered under federal inspection in 1932 as aa compared with ten years ago average weight in 1932 was pounds against in 1923 but average dressing per cent in 1933 was per cent against in 1923 probably the great attention given to better breeding and better feeding is responsible for he small reduction in average weights as it Is generally agreed that the average marketing age of cattle to Is much younger now than ten years go american packers continue to buy practically all ot of their cattle tor for slaughter in the great public stock yards of the country having purchased per cent at tho the public markets in 1933 the relatively low market tor for hogs may be partly explained by the tact fact that there was less competition on hog purchases in 1932 than in a great many years previously packers bought only per cent ot of their hogs at public lic markets in 1933 against per cent in 1923 |