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Parsons Yards Stands Test; Stronger Than Ever Remains Open During Bank Crisis; Receipts Remain About Steady Many New Customers Gained During Week; Record Day Set During Period; Checks Now Being Paid at Parsons Banks. By BOB REED (Livestock and Market Editor) HE Parsons stockyards probably has passed one of the best tests of its stability in the last week and it passed the test with flying colors. When it was announced more than a week ago that the banks would be closed, a number of the smaller stockyards and no few of the larger ones announced they would close. They warned farmers not to bring livestock to market, they warned the farmers checks issued for livestock brought to the yards would not be guaranteed. The managers of the Par-4 sons yards and the commission men operating at the Parsons yards decided at once against closing. The people had to eat, and the Parsons yards was going to stay open at all costs and stay open it did with the result that today it has made a host of new customers and friends and has come out stronger than ever with renewed confidence of its ability to hold its own against any odds. During the days the banks have been closed there has been 8199 head of livestock sold through the Parsons yards. The biggest day in the history of the yards experienced during 2689 this During this time period. hogs, 371 calves and 130 head of cattle passed over the scales. Only one day during the period, week was business at last Monday ago low ebb, but on the yards at the following day nearly 400 hogs Wednesday 1335 received; were were sold, Thursday 268, Friday 98, Saturday was regular Saturdifferent than any other day, no the hog receipts and yesterday reached over the 400 wark. The hog market was at its Monhighest point week ago $3.85 was offered at day when Parsons and here is where great many missed good bet, the next day it dropped to $3.45 and on the next day to $3.30, then evgoing still thought it was eryone lower, consequence the heavy run of Wednesday. Thursday it went up again to and on Friday and Saturday was $3.30. reached $3.50 per Yesterday hundred. The calf market ranged from $6.25 to $6.50 and then dropped yesterday to $6. Prospects, now that the financial conditions are easing up, are that the hog and calf market will again drop and hogs will reach around $3 within the next day or During the time the banks were closed the customers at the Parsons yards were paid in checks. They accepted the checks, not one complaint was heard. The customers not only had faith in the banks but they had faith in the commission companies operating at the Parsons yards and knew that soon as the banks again opened they would be paid in full. Their confidence in the Parsons firms was not misplaced. Yesterday all customers receiving checks on the 6th and 7th of the month able to cash them at the Parsons banks. Today more checks will be paid and each day it is expected to pay more the checks until all outstanding checks have been taken up. Contrary to the hopes and expectations of many of the lesser buyers and traders in this section the country, who have been fighting the Parsons yards since they were opened, the local yards has grown expanded have not faded away and become just another experiment as they had hoped. When the closing of the banks came upon the country these parties thought they saw the end of the Parsons yards. It must be jolt to them to witness bigger, stronger and more popular stockyards emerge from financial crisis which would have spelled doom to less secure organization.