The Archer County News (Archer City, Tex.), Vol. 38, No. 52, Ed. 1 Thursday, December 18, 1952 Page: 4 of 6
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THE ARCHER COUNTY NEWS
THURSDAY, DECEMBER 18, 1952
PROPANE
BUTANE
Standard Motor Oils:
DX - QUAKER STATE - RPM - DELO MOTOR OIL
ARCHER CITY, TEXAS
Nite Phones 151 - 314W
Day Phone 84
t »,.\f :,Af ' f ,,Af -J
Mr. and Mrs. Max Green return-1
«d this week from a delightful va-
cation trip to Mission. Tex., and
Beynosa. Mexico. In Mission, the
couple visited her uncle, R. P.
geaberry. and other kin and Max
went wild game hunting.
Mrs. P. J. Hulse of this city and
Mrs. Adam Furr and daughter,
Adele, of Olney, attended the fu-
neral Sunday in Sherman for little
2 1/ 2-month-old Sarah Jean Risk,
infant daughter of Mr. and Mrs.
Raymond Risk.
WANTED: DEALERS
Hard water in your area will make you money and save
your customers money! $50.00 complete will buy for them
from you, the “Ejax Water Turbulator!” Simple to install
in main line, keeps scale from forming in boilers, hot water
heaters, plumbing, etc. Has many other advantages in com-
bating hard water. Write for information on dealership.
“EJAX”
Box 37, 1006 Burnett Street FORT WORTH, TEXAS
l£TS TALK
uvesrocK
FORT WORTH.—The year 1952
will long be remembered by live-
stock people as the year of the
Great Drouth—but it will also be
remembered as the year of the Big
Break in Prices. Perhaps livestock
prices have never before under-
gone such a drastic series of losses
as to have hit cattle and sheep
prices simply because they had
never been so high and had so far
to fall previously.
At the start of 1952, cattle and
sheep prices were still near their
highest peak since OPA died in
1946. The speculative fever that
had gripped the industry was still
raging. It was “buy, buy, buy" on
thepart of all interests and the
bullish sentiment was spurred by
government figures, as released,
and statements from people in
high places. ',
However, as the first quarter of
1952 unrolled it was very evident
that change was in the air. We not-
ed this changed feeling in our
visits with farmers and ranchers
in Texas, Oklahoma, Arkansas and
Louisiana. We discussed this new
temper among the people with
many men in many lines of busi-
ness. There was a feeling of cau-
tion, a feeling of impending change
which grew from the prolonged
lack of progress in the Korean
War and the exposure of many
scandals in high places.
Livestock producers swung over
over to the selling side and for
the first time in nearly a decade,
more people wanted to sell than
wanted to buy. The Great Drouth
pqt spurs to this sentiment as the
summer progressed. The stage was
set for a serious price collapse and
it came in on schedule.
Speculators in livestock took to
the sidelines, or took one drub-
bing after another, as prices con-
tinued to skid. The false bottom
fell out of the badly inflated Stock-
er and feeder price structure when
Corn belt and other buyers studied
the previous year’s losses and be-
came cautious and very bearish
buyers.
Strong suspicion was abroad in
the land that while government
estimators believed the cattle pop-
ulation was between 90 and 95
million head, that it was possible
that the past eight years of steady
stocking of farm pastures may
have boosted this population well
beyond the 100 million mark.
As spring changed to summer,
prices lost ground steadily. At the
close of this year, virtually all
classes of livestock were selling
many dollars per hundred below a
year earlier and many steers going
to market represented $50 to $100
per head losses. Many cows that
had cost $250 to $325 a year ago
for stocking purposes would cur-
rently bring half that.
Time alone will tell whether
1952 will be more famous for the
Big Drouth, or for bursting of the
speculative bubble in livestock.
At the start of 1952, good and
choice fed steers drew $25 to $36
at Fort Worth, today comparable
cattle bring $20 to $29. Common
and medium butcher steers and
yearlings a year ago at $22 to $25
today bring $10 to $19.
Fat cows at $21.50 to $28 a
year ago, bring $12 to $16 today.
Canners and cutters at 15 to $21.50
a year ago, now get $8 to $12. A
year ago bull ssold for $19 to
$28.50 at Fort Worth, today $10 to
$18.50 is the range.
Good and choice slaughter
calves a year ago drew $30 to $35,
and this week sell for $18 to $25.
common and medium butcher
calves at $21 to $29 50 a year ago.
sell at $12 to $18 this week. Culls
at $18 to $20 a year ago, cashed at
$8 to $12 this week.
Good and choice stocker steer
calves at $30 to $38 a year ago, sell
from $18 to $22 this week, and
some extreme light weights sold
over $40 and baby calves to $60
to $75 er hundred early in 1952.
Stocker yearlings and steers at $21
to $35 a year ago, hava a range of
$11 to $22 currently. Stocker cows
at $21 to $27.50 a year ago, sell
todav around $12 to $18.
Top hogs at Fort Worth a year
ago brought 19 and currently sell
near $17. Sows at $15 to $16.50.
currently bring $13 to $16.
Ewes sold at $10 to $15 a year
ago, currently bring $6 to $8 50
Fat lambs at $22 to $28.50 a year
ago, sell for 17 to $20. Feeder
lambs at $15 to S25 a year ago,
compare with $10 to $16 lambs
this week at Fort Worth.
Some amusing, and some not so
amusing, stories are cropping up
in the drouth relief hay program.
Seems that buyers for the govern-
ment are having trouble getting
as much hay as their orders call
for. One rancher told us he had
been informed -it looked like it
would be June or July before he
could expect delivery. Says if he
waits until then he’ll be out o.
the cattle business. Another ranch-
er said he ordered mixed grasses
hay and imagine his surprise when
he got a load of high grade alfal-
Shipment of
Hollywood Typo
MUFFLERS
PARTS FOR ALL CARS
PATS AUTO SUPPLY
MRS. HARRY HANNAH
Operates the Sub-Station Located Next Door to Parkers
TEXAS CLEANERS
of OLNEY, TEXAS
Cleaning, pressing, hat blocking and cleaning. Hand ironing
of dressos, alterations, ot cetera.
Pick-up and Delivery at Substation Tues., Thurs., and Sat
Telephone 248, Archer City
MABELLE TAYLOR CIRCLE
The Maybelle Taylor Circle met
in the home of Mrs. I. C. Decker
Dec. 15th. Opening prayer was by
Mrs. Decker. Mrs. F. M. Westfall
led the group in a short business
session. Members of the group
drew names of shut-ins to be re-
membered by them on special hol-
idays. A ..
Mrs. J. W. Sturgeon taught a
very interesting Bible lesson on
Bible examples of faith.
After the closing prayer by Mrs.
J. D. Alexander, delicious refresh-
ments, carrying out the Christmas
colors of red and green, were serv-
ed to Mmes. J. W. Sturgeon, C. S
Alexander, Herman Lewis, Joe
Roberson, Carl Vestal, J- D. Alex-
ander and the hostess.
PERRY PITTMAN COMPANY
Ol-Horth
Drive-In Theatre
1V4 Miles East of Olney
Every Tuesday Is
CAR NITE!
60c par ear regardless of number
of patsongersl
FRIDAY and SATURDAY
Randolph Scott - David Brian
in
“FORT WORTH”
—PLUS SECOND FEATURE—
Gao. Raavas - Phyllis Coates
in
“Superman and
Mole Men”
SUNDAY and MONDAY
Jafees Meson - Ava Gardner
In
'Pandora and the
Flying Dutchman’
TUESDAY
Dorothy McGuire - Wm. Lundigan
“Mother Didn’t
Tell Me”
WEDNESDAY and THURSDAY
Stewart Granger * Wendell Coray
1 “The Wild North”
new
BRINK mflCHIIK
0
for
SPECIALIZING IN
Brake Repair
Let Pick repair your brakes to comply with the new
SAFETY REGULATIONS and at the same time SAVE
YOU MONEY.
PICKARD'S GARAGE
PUT YOUR HOME REPAIR
PROBLEMS IN EXPERT HANDS
LET US REPAIR NOW
YOU PAY LATER
Don't let lack of cash-on-hand delay necessary home repairs
and remodeling. Run-down property decreases value rapidly.
Three years to pay under approved FHA terms. Sea us for the
host values, the bast service. FREE ESTIMATES.
C. I. SHAWUGEI
Umber Comply
Telephone 126
ARCHER CITY
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The Archer County News (Archer City, Tex.), Vol. 38, No. 52, Ed. 1 Thursday, December 18, 1952, newspaper, December 18, 1952; Archer City, Texas. (https://texashistory.unt.edu/ark:/67531/metapth709030/m1/4/: accessed July 4, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Archer Public Library.