Show C los angeles juno june 15 that livestock people themselves have a greater degree of confidence lit iii the future is demonstrated by the improved demand for or the better belter grades of breeding stock block at the recent california ram sale prices paid for or about one thousand head ot of purebred rams avera average gd twenty five per cent higher than a year ago this was the first year in the past six years that prices paid at the sale showed an upturn from the previous year breeders bleeders Bre eders of purebred registered beet beef zatle also are demonstrating their 0 hh in the better times as evl evi t ced by the greater demand and higher prices paid at recent auction sale gale ot of registered hereford bulls the truth of 0 the matter Is that we probably never again will see values of livestock as low as prevailed earlier in the present year farsighted far sighted stockmen stoc kmen are taking advantage ot of present breeding stock prices which are still relatively low to restock their ranches and to build up on a better quality basis that there Is a healthy undertone in the livestock markets becomes more and more apparent to students of the trade hide prices are now the highest since midsummer in 1931 the price gains on the pacific coast represent an increase from less than 3 cents a pound to better than 10 cents a pound on the basis ot of seventy pound hides on the average 1000 pound steer this means an increase in the value ot of the hide alone of 0 per head or one halt half cent a pound on the live animal operators on the los loa angeles market are optimistic as to future price trends particularly on cattle and lambs I 1 Is an admitted fact that supplies of tat at cattle and tat lambs within tile the normal los angeles trade territory are far ar below actual meat requirements and it seeing apparent that during tho the next sixty days los angeles packers will draw from an ever widening territory there Is talk just now that missouri river markets are likely to get active competition from the pacific coast tor for good quality young stock those who uphold this view point out that choice young steers nud and baby beeves are even now selling higher on the los angeles market than at chicago during the past week it is interesting r to note that the best quality hogs lambs and steers sold higher on the los angeles market than during the same period a year ago |