Show SHEEP RAISER OF ENVY W l Did Better Than Cattle 3 Or Hog Growers In Past Year I I IThe The was as the envy of o all stockmen In 1924 according to l a re review lew of the ear s 5 live IIvo tock stock tod situation b by the thc United Unite I States silica department of o agriculture The article sa sas s the n probably had the leist t cause for to I IThe rejoicing The review says say The sear icar ear 1924 was tas one of prom promIse Ise be rather than of oC o actual fulfil ment nent for the th average 11 use 0 stock I Ibe Conditions In the tho In- In in showed Improvement pro on the tho thi whole oser OHr 1923 but hut the tho situation ne afforded ample op- op op for tor the critic and the th pessimist Practically no kind Of o olive live hive stock showed ed a definite price pric trend throughout the tho lear ear and am 1 thero was as more or less le Ie s lol and uncertainty for tor the tho n 1 Live o stock prices ns as a 11 rule rulo did dl 1 not keep eel pace paco pith increased pro pro- production pro costs The short shor t corn crop and resulting high hith price had n a slightly lIghtly stimulating effect on 01 prices but e dro dro e hogs hoes to market In li unprecedented numbers and reduced the number of c out on feed C fhe Th n cattleman probably had least cause cau for tor or rejoicing Beef steers tarter sear ear car well ell and In April sold higher than at any eor period since the 1921 break Toward To the end of o June ho however ever prices fell tell below belon belo those thoe or Of 0 1923 and vs with Ith ith the exception of only l two lo o or three weeks In mid mid- midsummer midsummer summer ummer continued so o until the tho th first It of oC December Range Rane cattlemen experienced a I disastrous season the e aSe ae prices from July to October being belne 10 lower lotter er than thanIn thanin In the tho panic year of oC 1921 Stocker and feeder cattle were HO also drapes drape's during much of the th their and prices for tor or the first 1 On st were only a few Cew cents higher than In 1921 As a 0 result there hero were ere un on feed eed In the th principal feeding areas on Decem Decem- December ber oni 86 G per cent as many cattle liS as sear icar ear earlier Marketing showed a slight lIght Increase over or 1923 receipts o of cattle and calves cal for forthe the first 11 months of ot 1924 being 1 per cent more th thin n a ear ear e r go s Stocker and feeder shipments durIng during dur- dur Ing Inc the th same sume perlo period l decreased moro thin receipts and the per cent of sl apparently In- In In lii Indicating a n tendency to toward ard real liquidation Therea There a was a marled marked during the tho lat latt few la-few few o of the s soar ear to select hea healer ler weight cattle to feed reed the tho Intention ot of o many feeders feeder tr- tr trI I being belne to warm warns arm them up on onI I sort soft corn and return them to mar mar- market market ket leet early HOG PRICES FALL P The hog hoe burdened with Ith numbers number during the first th fise e months of the er ear toll fell ell con con- considerably considerably con considerably below the thc prewar aver ner- average age of o prices The pig survey sursey sun ey made by the department o ot of agri agriculture culture In hn the spring Indicated a substantial reduction In breeding and gave cave promise of ot 0 a more moro nor nor- normal normal mal l production Market receipts decreased In the autumn but con con- continued con con strength In corn prices sent hogs hOls to market toward to the end of the scar ear In unprecedented num nuns numbers bers Receipts at t Chicago on a sin sin- single single tie sin gle day about the middle of or De- De December De December cember comber were ere head which Ste by all cli odds the tho th lest heaviest run oser o recoiled on anyone any one dat da The Tho Thenet Thenet net decrease In hog hoc for forthe forthe the first 11 months of 1924 a as com cons compared compared pared with the tho corresponding pe- pe period pe period nod of oC 1 wis only 1 4 per cent Tho The average weight of shipper an an I packer packer droves at nt Chicago for forthe forthe or orthe the first week eek In lit December was as nine pounds pound less than titan a sear ear car ear ear- ear ller lIer But despite libel al receipts receipt prices during the tho past five lve months month a as era god considerably higher tItan than for or any similar period since tinco 19 1920 20 tocks stocks of oC pro to toward ard the tho end of or the eat cai were cre ely light The TIse capacity of the ket to absorb unprecedented 11 laige lur ge runs o of hogs and maintain prices on a ely elv high level has hils been the al Of the swine producer for tor the til past two t lears ears SOLD l I ID IV Dt D CC A The was as the th envy onvy of all stockmen In 1924 III Ills Hia Industry liquidated In 1921 n a world wend of both sheep and wool In 1923 a brisk demand for limb and mutton and a 11 e t rl of 31 tents lents per pound on wool It was ns wa not that both lambs and wool closed the Sear ear higher than at t any corre corre- corresponding corresponding corresponding time lime Moreover thou thou- thousands thousands thousand sands sand Of o unborn lambs and tail mil millions mil millions hIon lions of pounds pound of wool will III not be shipped for tor or another four tour or orth th fise months month have been contracted rOl fot at it puce which tho the grow gro eis considered too favorable la to reject CHICAGO GO CHICAGO Jan 8 Open Low Close Clos Wheat Wheat- Wheat Stay May ay 1 77 1 I 79 11 1 77 1 I July 1 53 3 1 3 51 1 52 1 53 ept 1 45 il l 1 47 1 45 15 liss Corn Corn- Cora Cornay Slay May ay 1 27 21 ro 1 19 23 3 1 1 2 21 7 1 l 28 2 July 1 12 8 l I 1 29 29 1 21 1291 1 29 Sept 1 28 2 1 23 IHo 1 27 i 1281 S Oats late May 61 62 S 61 61 61 July CI 61 62 61 li 61 1 Sept Sopt 37 1 59 57 68 US Bye Itye- May IllY 1 54 16 1 HilS 55 53 53 1 53 53 July 1 37 1 37 1 30 36 LOrd LOrd- Jan 1 li 16 8 ii 85 16 1602 02 35 15 1 63 S 1590 15 iv 90 Mw litty 1642 16 14 42 16 1655 55 16 1640 40 36 1642 42 Jan Jon 1485 14 85 Ma May 16 35 15 1535 35 15 1535 3 15 l li 15 35 Bellies- Bellies Bellies I Jan 1662 i 12 May MIlY 16 1690 i 90 |