Show lia LIVESTOCK SITU the recent earthquake disaster in i 1 bouthern california apparently tail fail ed to affect the livestock markets or meat consumption in the los an geles area trading at the los an seles geles union stock yards was not disturbed and the general price lev el remains fully as high as during the bank holiday prices were a little better than at the close of february trading at the open market is now lack on a cash basis and trans actions made during the bank hoi hol idaus are being cleared up as fast as possible through cash payments or b bank credits confidence is re stored in payment and shipments are being made in the normal man ner and normally handled at that end chere is a growing confidence that we have passed through the worst of the long depression many workers have bene fitted by the we repair work and many more will have employment payrolls and costs of supplies will run into many millions of dollars and this revival will stimulate trade and re lieve the unemployment situation in southern california it would seem to indicate that prices there will be steade f for quite a while and it Is encouraging the federal stamp of approval on banks created a much needed confidence in banking institutions upon this stabilized zed structure there is every reason to believe that we are now due to a climb back tj t more normal times the agrical euial situation has cleared up con business as usual the only banks not opening not fit to open confidence restored in those open now tor for brisker turn over at a profit and we snap out of it march came in like a lamb iamb will ft t go out like a lion aider sider ably higher prices forto tor hogs gs cattle and grain will go a long way toward restoring purchasing power of industry and business it Is re assuring to see prices on the upward trend with sound reason tor for hope of further gains in price levels maybe the democrats ought as al smith suggests kick out the bigots fanatics and populists demagogues mountebanks and grafters at least the party might do without them the new now yorker |