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OCTOBER CATTLE FEEDING SITUATION IS ANALYZED
Shipments of feeding cattle into Nebraska during the past three months are about 10 per cent larger than the same months last year says the State and Federal Division of Agricultural Statistics. Shipments into the corn belt during July, August and September inclusive, were about per cent larger than the 5-year average for the period. Shipments of feeder cattle into Nebraska through markets during July( August and September were smaller this year than last but the direct movement from range and pasture areas was larger With plenty of corn, hay and other feeds in the heavy feeding areas of the state, feeding operations for the season are expected to exceed the reduced operations of the 1931 season. The shipments of stocker and feeder cattle into the Corn Belt states during September were relatively small. The estimated shipments of such cattle, inspected through markets, while about four per cent larger than the small shipments in September, 1931, were seven per cent smaller than the five-year average September shipments and third smallest for the month in ten years. For the three months, July to September inclusive, however, the shipments into the Corn Belt states were about 8 per cent larger than last year and about 5 per cent larger than the 5-year average for the period. The larger total movement this year was due to the rather marked increase in shipments into the five states east of the Mississippi river where the number this year was 26 per cent larger this year than last, and 40 per cent above the 5-year average. The movement into the six states west of the Mississippi was about the same as the very small movement in 1931 but 10 per cent smaller than the 5-year average. The larger shipments of stocker and feeder cattle through markets for the three month period this year than last occurred in spite of greatly reduced market supplies of cattle. The total receipts of cattle at the seven leading middle western markets during these three months were smallest for the period in at least 16 years, being 12 per cent smaller than the small receipts of last year and 16 per cent below the 5-year average. The increased shipments of stockers and feeders this year were due to the fact that although total receipts were smaller, mest of the reduction was in cows and heifers and steer numbers were not greatly different, and that a re] atively large number of heavyweight steers, which in most years would have gone for slaughter, were taken out for a short feeding period. Records from four leading markets show that shipments of feeding steers weighing 900 lbs. and over during the three months July to September, this year were larger, both in actual numbers and as a proportion of total shipments, than last year, and the largest in actual numbers in six years. Compared to last year the proportion of medium and light weight steer sand of cows and heifers decreased but that of calves increased.
While the shipments of feeder cattle from stockyard markets into Nebraska and Kansas have been very small this year, reports indicate that there has been a fairly heavy direct movement of feeder cattle into the principal cattle feeding sections of these states and that the supply of locally raised feeder cattle is relatively large. Cattle that are fed in the western states do not usually go into feed lots until late in the year and little information on cattle feeding is available early in October. In most western states, feed supplies are much larger this year than last and some increase in cattle feeding from the relatively small volume of last year is expected. In the principal cattle feeding section of Colorado, however, feed supplies are very short and the r.umber fed there may be less than the small number fed last year. The number of cattle now on feed in feed lots and on ranches in California is above average for this time of year and the number fed this season is expected to be fairly large, Reports from most states were to the effect that difficulties in financing feeding operations were tending to hold down the purchases of feeding stock. The above figures, however, do not indicate that, in general, this has been of great importance. With funds from the Regional Agricultural Corporations, which have been set up by the Reconstruction Finance Corporation, now available in most feeding areas the matter of financing feeding operations for the balance, of the year will not be a limiting factor in cattle feeding. The available supplies of feeder cattle and the relative prices of such cattle and of fat cattle will be controlling factors. made and entered in the aboveentitled cause by the Honorable Lewis H. Blackledge, Judge of the District Court of the Tenth Judicial District of Nebraska, held within and for Phelps County, Nebraska, on the 27th day of September, 1932; that the undersigned receiver will sell at the Court oHuse, Holdrege, Phelps County, Nebraska, at 10 o'clock A. M., on the 26th day of October, 1932, the following-described property, being the entire remaining assets of said bank, save and except the liability, after assets are exhausted, to-wit: BILLS RECEIVABLE, being notes of various persons for different amounts, totalling approximately, $16,733.50. OVERDRAFTS, being overdrafts of various persons for different amounts totaling approximately, $90.30. Furniture and Pixtures, being the remaining items of furniture and fixtures. OTHER ASSETS: consisting of cash items and Bankers Conservation Fund, totaling approximately, $688.86. ASSETS ACQUIRED: Judgments, being judgments against various persons for different amounts, totaling approximately, $8,380.94. REAL ESTATE: ALL REAL ESTATE TO BE SOLD "AS IS." Lot 9, Block 4, Loomis, Nebraska. Bank Building. Reported to be clear of incumbrance with 1931 taexs paid. Lots 12 and 13, Block 5, First Addition to Loomis, Nebraska. Carries Buildig and Loan of about $200, with 1931, taxes paid. All that part of the NE 1-4 20-6-19, Phelps County, Nebraska, lying south of the C. B. & Q. Railroad except that part of said tract lying north of the State highway. Reported to be clear of incumbrance with 1931 taexs paid. Undivided 1-12th interest in N E 1-4 5, N 1-2 NW 1-4 4-6-19 Phelps County, Nebraska. The above list of assets is subject to any change before time of sale. The above assets will be offered both separately and also as a whole. Full lists of notes, judgments and other assets will be found in the office of the Clerk of the District Court of said County, and all notes are subject to inspection at the office of the Receivership Division of theDepartment of Trade and CCommerce of Nebraska, in the State House, at Lincoln, Nebraska. All property herein advertised for sale is subject to liquidation prior to date of sale. Application to confirm said sale will be made to the court one week after date of sale. Said sale shall be for cash, as by law provided. Dated this 28th day of September, 1932. E. H. LUIKART, Receiver of FARMERS STATE BANK, LOOMIS, NEBRASKA. oct 6-13-20
