Hutchinson gazette. [volume] (Hutchinson, Kan.) 1895-1902, 1895-04-25

Omaha, April 2S.-The Omaha Live
stock exchange today censured Seer
tary of Agriculture Morton for his
erroneous ideas winch is at present
working to the great detriment Of the
cattle interests Of the country in Great
Ing a wrong impression as to the re-
lative cost Of cattle and beef" After
reciting the manner of his investiga-
ton this resolution was adopted:
Be it resolved, That we, the members
Of the South Omaha Livestock ex-
change, call the attention of the honor
able secretary Of agriculture and the
country at large to the fact that. dur
Ing the first three months of the present
year, cattle receipts at Chicago with
a full crop in Illinois, Indiana and adj
jacent territory, fell of II per cent,
Notwithstanding big increase in Texas
shipments; and Omaha in the very hea-
rt OF the drOuth stricken country, fell
off thirty-two per cent. On account Of
. this shortage cattle prices advanced
from 81 to 81 per hundred as compared
with a year ago, and the higher prices
for beef naturally followed.
With the higher prices for beef and
consumption fell off and cattle values
declined In consequence. We regard
this present depression in CATTLE values
however, as only temporary as the In
dicatiOns are that the next three
months of this year will witness
further reduction in available supplies
Of fully so per cent. We are satisfied
that there can be no combine among
the beef packers, on account OF the IN
creased number of buyers in all the
leading markets and the diversified
interests represented by them.
Washington, April 23-Secretary Nor
ton was shown the resolution adopted
by the st. Louis Livestock exchange
yesterday depreciatlng the agitation"
about the alleged packers combine and
attributing the reductions in the price
OF live cattle Of 1 cent per pound In the
last week to such agitation, said the
very statement of the St. Louis Live
stock exchange would lead to the be-
lief that the alleged combine among
the dressed beef concerns existed.
IF the agitation, as they term it,"
said he, " has caused a decline In the
price Of cattle on the hoof why Is 1t
that similar calamity has not occurred
in the price of dressed beef2 1t re-
mains the same and In some cases Is
even higher Their own statement,
coupled with the price OF dressed beef,
answers their complaint"
Chicago, April 23.-The Chicago Live
stock exchange adopted a set of reso-
lutlons setting forth that cattle re-
celpts at the four principal western
markets so far have been 100000 head
les sthan for the same period of 1894,
and as result have advanced, causing
corresponding increase in wholesale
prices OF dressed beef. The resolu-
lions declare that exaggerated reports
and false conclusions have been widely
circulated as the cause OF the recent
advance In prices and such 'unfounded
reports have caused the decreased con-
sumption Of beef, resulting In demon
ailzatlon Of the trade and consequently
lower prices for cattle"
The exchange requests the public to
withhold judgment until the depart
ment Of agriculture shall have thor
oughly Investigated the matter. 1t
further pronounces the present aglta-
tlon based upon the claims of con-
splraoy among large dealers, unjust and
injurious, and says the statements set
forth are substantially untrue, and the
whole industry Is depressed thereby
and the interests of the feeders and
shippers Of the whole country placed in
jeopardy.