EARLY MORNING HOG PRICE CONFERENCE 

 ■ "All guessed the top at $9.65." 



PRODUCERS' CAHLE PENS . . . 

 "they get some of the corn belt's best.' 



notes, r.vcryonc a^urccs to«,iay, iihIirI 

 111^ Mati.i,i;<.r Dave Swanson wlio ?.its in 

 AH ^ucs.SLiI the top at S^)(^>. A tele 

 ^ram is dispatclied to Produters agen- 

 cies at other markets. Cold weather in 

 the East is a bullish factor. I'ew choice 

 biitilier hcif^s are coming in because of 

 hi^h priced corn. The next move is 

 to ^et buyers to pay the price. - 



High Priced Corn 



At the cattle price conference. Bob 

 Cirieser reading' the government report 

 states that yesterday's top on cattle was 

 the highest since last Marcli. Higli 

 priced corn is influencing feedmg 

 There is little price advantage for light 

 cattle over heavies. After 1300 pounds 

 there is some disadvantage for weight. 

 Bids are discouraging on plain light 

 kinds. 



"Notice that at every market better 

 grades are steady to strong," Cirieser 

 says, "^fedium and common kinds are 

 slow. That's our picture here, too. to 

 day.- 



The teleplione rings. It's a call from 

 Chester Jackson. Mercer county. 111. 

 cattle feeder. '"What about feeder 

 calves," Jackson asks. "Just heard from 

 Bob Fulton," (Producer buyer) Grieser 

 replies. "He's at Raton, New Mexico. 

 The 'TO' heifer calves will co.st $6.15 

 f.o.b. shipping point, the 'Circle Dot' 



t.ilves Sf'OO That will lay them down 

 at arounti S6.S5. He wants steers. So 

 does everyone else. I'ew want heifer 

 calves. The Producers ha\e orders for 

 several car loads of calves, all steers. 



r.rnie Heilfus, head sheep salesman 

 .md Sam Anglin. his associate talk over 

 the market outlook. Receipts are up. 

 the increase -due to heavy arrivals of 

 western lambs of .3*) to iO pounds. Fat 

 lambs are up about ''0 cents. Top yes- 

 terday was S9.2'> with 12") carloads of 

 lambs held over. 'I'hey will ask $9.2^ 

 to S9..35 tod.iy. 



The Chicago Producers gets most of 

 the native lambs in its territory. It 

 makes the market on this class of live- 

 stock. 



"When the lambs arrive we water 

 and grade them, " Beilfus tells you. 

 "Our re-weighs' set the pace and com- 

 mand the top price. We net more for 

 the shippers than anyone else in the 

 yards by handling them this way. 

 I'ceder lambs are selling from ilj; to 

 nearly 8' 2 tents a lb. The lighter west- 

 erns weighing around .35 to -15 lbs. 

 Were Selling at -i'^ to 6 cents. These 

 l.imbs are from Montana and Wyom- 

 ing. The lie.ivier feeders, 5 5 to 65 lbs. 

 bring more money, 71 j to 81 2 cents. 

 Some ""O lb. feeder lambs sold for 

 Ss.iO. 



Every Man A Specialist 



The CJiicago Producers is by far the 

 large>t commission agency on the m.ir- 

 ket. That's an advantage. It makes 

 specialization possible. For example, 

 Ray Walsh and Goodman Story are 

 steer salesmen. Harold Duke sells most 

 of the heifers. . John DeWitt and 

 Henry Johnson specialize on cows. 

 John Harris sells only calves. Bob 

 Fulton is head feeder buyer. Wal- 

 ter Kenyon sells bulls, while Walter 

 Howe, with a lifetime's experience in 

 butcher cattle spends much of his time 

 contacting livestock producers in the 

 office and out in the country advising 

 with feeders. He likes stockmen and 

 they like him. So every man knows his 

 job much better than he would if his 

 interests were scattered. 



We go down to the Call Office. A 

 man stands on a narrow balcony an- 

 nouncing tlie arrival of livestock trains 

 and the name of the agency getting the 

 consignment. The Producers keep a 

 record of the time of their arrival. The 

 same is true for truck consignments. 

 The stockyards company locks 'up all ' 

 livestock on arrival. The "key man" 

 releases the stock to the commission 

 company when the consignment slip is 

 presented, but not before. 



Over in the hog alleys, the Producers 

 have about 2,000 head. Usually they 



CAHLE PRICE CONFERENCE 

 "Better grades steady to strong." 



^«&'»:lS*s>"i^S 



ERNIE BEILFUS 

 Our re-weighs top the lamb market.' 





THE BUYERS RIDE HORSEBACK ... 

 and try to get em worth the money, g 



T- N-. 



1?»^- 



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