When To Sell

The time tosell is, generally spea-king, when the product is reaily. With livestock theexceptions to tliis rule are very rare, and after stook for the market is matured it is a mis tak e to keep it for ary length of time. Indeed oneof the important leaks on many farms is du e to the vice of holding after stock should go in the hope ofbetter prices. ïhere is no lottery more uncertain than guessing what future prices are going to be, not even long range weather predictions. So many considerations besides demand and supply enter into the problem that it is al most impossihlc to exercise anything worthy of the name of judgment. Holding too long, however, does not seem to be a vice that is much pracitced this season, nothwithstanding the temptation which the abundance of cheap feed miglit be supposed to hold out. From the complaints that come f rom the stock yards it would rather appear that feeders were erring in the other direction and were loadingdovvn the markets with half fat animáis. This is particularly complained of as to cattle, nor does there seem to be any reason for it unless it be that the feeder eithef must have money out of the stock, or else that he distrusts future prices, and believing that those that are now prevailing will let hiin out, prefers to accept thom rather than finish more fully and take the risk of what the future bas in store. It does seem as thougli something were out of joint, however, when the feeding sections are said to be suífering severely for stock to which to feed a great corn erop, and at the same time the markets as complaining that the cattle that are sliipped are only half fed out. While the time to sell is when the stock is ready to go, there ought to be sonie very special and urgent season for shipping if it is forwarded hef ore it is ready, particularly when feed is so cheap that it is likely to go to waste.