St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-02-23

They Decline to Be Fooled Any
Longer by Commission Men and
Packers.
KANSAS CITY, Mo-, Feb. 22.-Repre-
Sentatives Of the stock-raising industry
from nearly every state and territory
west of the Mississippi river and from
Illinois and Kentucky practically CON-
pleted work of vital Importance to
cattle men at the Midland hotel to-day
after q three days session. For long
time the cattle men have thought that
they were losing money through a COM
binc between the commission men and
the large packing houses, which re-
suited in the sale Of their cattle
at ridiculously low prices. The
scheme of forming an immense COM
mission company, composed OF the
stock raiserS themselves, has been
preached, and month or so ago a meet
ing was held here. attended by leading
cattle men of the West, for the purpose
of taking the opening steps preparatory
to such an action. But little was ac-
complished at THIS meeting, and an adj
iournment was taken till Feb. 20, when
the meeting again convened in this
city. To-day the work was practically
finished and the meeting adjourned UNI
tIi Monday. March 4, when the election
of officers of the new commission COM
pany will take place. 1t was de-
cded to Incorporate the company
as the American Live Stock conf
mission company. with q capital
stock of sl50,00a, and headquar-
tiers at Kansas City and Chicago.
The incorporators will be Samuel Lag
arus. of Texas; A. Gregory, of Illinois,
and Nicholas T. Eaton aud Thomas B.
Buggy, of Kansas City. The articles OF
incorporation will be flied at Springfield,
H.. on March 9. The idea of the pro-
moters of this movement is to enable
them TO sell their stock at the highest
price and with the least expense posi-
bic, and with that end in view head
quarters will be established at Kansas
City and Chicago, with branches at
Wichita, Kan, Fort Worth. Tex. and
possibly Omaha, Neb., where stock will
be received ana sold on the commission
plan. The new company will not con-
fine its business toitS members, but Will
receive stock from non-mcmberS and will
do general stock commission business
on large scale. A prolonged discus
sion was had over the question as to
whether members of the company
should be allowed to sell to other COM
mission men, and it was finally decided
that they could, although it is expected
that they will give their business almost
entirely to their own company. One OF
the most important features of the
movement is the possible effect it may
have on the cattle business of Kansas
CITY and Chicago, 1t has been the gen
eral superstition among the range men
that very tight and powerful combine
existed in this city between the commits
sion men and the packing houses. A
feature of this alleged combine was
that the packing house refused to
buy from any commission mer-
chant who was not in the combine.
The members of the new organization
now threaten that If there is any dlspo-
sition on the part of the packing houses
here to discriminate against them after
they begin business here, that they will
| not ship head of stock to Kansas City,
| but will send their cattle through Atctf-
ison and st. Joseph TO Chicago. 1t is
! for this reason that the company is to
be incorporated in Illinois. Some idea
| of the magnitude of the movement may
be had from the fact that the members
of the organization now have 10000
head of stock ready to bring to market.
Andy j. Snider, the millionaire cattle
man of this city, while in the
commission business has immense in
| terests in stock raising in Indian terri
| tory, and is one Of the active promoters
of the new company. 1t is likely that
| he will be elected to manage the Kan
sas City Office OF the company. The
amount of capital stock cannot be taken
as an indication of the extent Of the
plans of the organization. The COM
pany is just organizing, and it would be
impossible to have all the cattle raisers
meet at one time. 1t is thought that as
the movement becomes generally I'M
derstood nearly every cattle raiser in
the West will join the company and
make it gigantic combination, which
will enable the stock raiser to practi
rally do his own selling.