Cow beef constituted a relatively small proportion of the offerings at all markets, and was materially less in quantity than at the same time a year ago. Markets were not generally supplied with bulls, and in most cases daily receipts were insufficient to justify quotations.
While kosher beef markets registered slight weekly fluctuations, the range of prices generally was steady, though somewhat higher than in August. The better grades were in best demand. Because of the near approach of Yom Kippur and other Jewish holidays, kosher killing was discontinued during the closing days of September and any surplus supplies were offered for sale to the regular trade.
_Veal._--Liberal offerings of heavy veal carcasses, most of which were of undesirable quality, had a depressing effect on prices in general. Milk-fed veal was scarce, but when available found ready sale at firm prices. Receipts at eastern markets were 6,300 carcasses less than during the corresponding month a year ago, but were more than the trade required. Price ranges were materially widened, with the trend upward during the first week, but sharply downward through the remainder of the month. All markets were similarly affected. Closing prices at eastern markets were unevenly $2 to $3 lower than the opening, with common and medium grades registering the greatest decline. Choice veal at Chicago closed steady to $1 higher, with other grades mostly $2 lower than the opening.
_Lamb._--With continued heavy receipts of lambs at live-stock centers, the dressed trade was in a chaotic condition. Although estimated receipts of lamb at seven of the principal live-stock markets showed a decrease of 12% as compared with the same month one year ago, liberal offerings of Canadian lambs at eastern markets more than offset the decrease and intensified the already existing unsettled condition. This, together with the continued unequal demand, assisted in pushing prices of the dressed product below the low point reached in February of the present year. Total supplies at eastern markets exceeded those of the same period a year ago by 2,500,000 lbs., and fluctuations on the different grades amounted to $6.
While Chicago registered smaller fluctuations the trend was steadily downward and closing prices were $2 to $3 below the opening. Although closing prices at eastern markets were slightly above the low spot for the month, trade conditions at the close were generally unsatisfactory to the selling side. At the beginning of the month cold storage holdings were 820,519 lbs. less than a month earlier, but were still considerably above the season’s average during prewar years.