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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Jun 05, 1958
Page
13
New York stocks fell back from recent highs in moderately active trading. Industrials declined while rails held roughly steady as investors shifted among names. Bond prices rose amid expectations of steady corporate taxes and fewer jobless claims.
Chicago grain prices moved higher to steadier in early Board of Trade trading. Wheat was unchanged to a cent higher with July activity near steady. Corn and oats showed small moves while soybeans edged lower to higher depending on contracts.
Market report lists hogs with 293 head top barrows and gilts priced 23.00 to 23.90 and heavy butcher 22.50, veal with prices from 21.75 to 31.50, sheep and lambs showing multiple weights from 18.25 to 23.85, slaughter cattle with steers and heifers mainly 22.00 to 27.60, cows 14.00 to 20.40, bulls 22.00 to 25.00, and stock feeder cattle with varied values for yearling and calf stock.
Baltimore area wholesale cattle supply includes 700 head cattle and 150 calves with feeders and stockers mixed. Prices show steer discounts, cow categories steady to weak, vealers up to 32 and hogs steady to 25 lower, with sheep small lots at 24.50.
US hogs 7 000. butchers under 230 pounds rise 25 cents. 2 3 190 225 lb butchers 22 50 23 00. Several lots 195 220 lbs 23 00 23 50. Cattle 1 500, calves 100. steers weak to 25 lower. Good to average 900 500 lb steers 25 00 28 25. 1 213 lb load 7 00. Heifers 24 50 28 00. cows 20 50 23 00. utility 19 00 21 00.
Live cattle and stock steer prices range from 21.50 to 29.50 with loads around 540 to 825 pounds. Sheep and lambs show steady slaughter lamb demand and varying carcass values. No 1 pelt lambs at 20.00 to 22.00 with other sheep valuations between 5.00 and 8.00. Poultry offerings are light with farm prices for broilers 21 to 27 cents per pound and small type turkey fryers at 27 cents.
Market summary lists prices for mixed feed at 100 lbs and beef cattle ranges. Good butcher steers mostly 26.00 to 28.25, heifers 22.60 to 26.75, bulls 19.00 to 24.00, cows 5.00 to 18.50, stocker and feeder steers 24.00 to 28.25, with various quality tiers and head prices noted.
Receipts of stock are very good with broad demand across classes. Calves show high values from 23.50 to 31.50 for prime to choice grades, with butcher calves from 24.00 to 30.00 and heavy calves 24.00 to 30.00. Lamb prices run from 21.00 to 24.15 with varying grades, while hogs and sows fetch 16.00 to 23.25 and shoats around 27.00 per hundred. Ewes and heavy ewes range 5.00 to 19.00.
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