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Newspaper
Lancaster Farming
Location
Lancaster, Pennsylvania, United States of America
Date
Jan 13, 1962
Page
5
Cattle totals rise to 3125 head from 2859 last week with 40 percent slaughter steers and 45 percent stockers. Slaughter steers mostly steady to strong with some higher, cows and bulls mixed, calves and hogs trading moderately active with price ranges shown across grades and weights. Sheep demand steady with wormed slaughter lambs offered and mulching advice noted for newly planted trees.
Receipts include 462 head of cattle with mixed grade changes. Slaughter steers 1061 to 1100 lb high Choice and Prime 27.60 to 28.25. other weights 26.00 to 27.50. cows and bulls show varied adjustments. calves and hogs also listed with price ranges. sheep too light to form a market.
Lancaster Poultry entries show multiple sellers with weights and prices such as Hershey Hostetter 00 IRP 14 6 W C Mellin ger & Son 22 4 C J Lauer 7800 WV 8 6 Meader's Poultry 17 0 and David H Martin M S 800 WVP 12 2 No sale bid 20 1.
At the January 11 sale in New Holland slaughter steers rose about 1.00 per cwt from the prior week with 900 to 1,200 pound cattle bringing 28 to 28.85. Cows held steady and bulls eased up to 25 cents. Calves and feeders showed gains with good to prime calves at 39 to 45, heifers 32 to 39, and dairy stock moving at steady to varied prices.
A fragmented record shows multiple entries with bidder names such as Glenn H Herr and D E B Horn Co, associated locations 1200 WVP 50 00 WV and 1700 WVX. No sale outcomes for several lots, some bids around 18 0 or 9 6, and references to Island Poultry College Hill Poultry and Daniel K Good.
The Penn Square Mutual Fund board declares a 78 cent per share distribution payable January 26 to shareholders of record January 2. Of the 78 cents, 10 cents comes from net income investments 61 cents from long term capital gains and seven cents from short term capital gains. Total 1961 distributions were $2.02 per share. Fund assets total $30,464,654 as of December 31 1961, up from $13,050,309 in 1960 and $9,380,126 in 1959.
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