Abstract: A load sensitive hydraulic circuit for material handling equipment is energized by a prime mover. The hydraulic circuit includes variable displacement pumps coupled to the prime mover and having pressure and flow compensating control means for varying the volumetric output. Each pump is connected to a valve bank which controls various hydraulic actuators of the material handling equipment. Load pressure feedback is provided to the pump compensators for establishing pump flows to operate the actuators at a fixed pressure differential in excess of load pressure. The valve banks contain pressure compensated valves for providing desired fluid flow rates and speeds in the hydraulic actuators. Means are provided to sense reductions in the prime mover speed resulting from excessive hydraulic loads.