Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1895-04-26
BEEps BuOYAScE

BEEF's BUOIANtE
From all parts Of this broal land Il
heard a mighty wall abou, the az.
vanoing price Of beet, mingled with
thS sorry joke that a steak has now
become 70 precious that prudent house.
keepers lock 70 up overnight VA tue
safe, along with the family plate and
icwelry. That the great staple IL
riding on the crest oia buoyant wave
isa isot that Il pretty evident 10 deal.
ere a. we'll A. consumeui few there
be-, however, who really can explain
tho oauso OF the elevation In price Of
the one commodity while most d the
others siill roll hclplessly Ia the trough
Of tue commercial sea. "rhe fusW IL
OF u5uro tho first agency to be thought
VI az having created the beef boom,
and the big packers are receiving their
due share Of intcmpefaIo abuse SEQ
Rotary Morton VI the depart
mtnt Of agriculture appeats to
believe that manipulation or spec
ulallon has something to do
with tho rise Ia price, hence tho
series OF questions viii h bis depart
ment recently issued TOT the purpose OF
olicitlng information bearing on tue
whole subject. On the other hand the
large dealers, those who are supposed
10 control tho markets and who usually
have tho most absolute and arbitrary
power In fixing tho rates, declare
that neither combination nor arocu,
laiion eau make product choap
when II Is scarce, or permanently
make II dear when II Il plentiful;
ia the present Instance tho supply
they say, 10 inadequate to the demand,
heuoo the advance, aud they are In
no way responsible ior H.
This view IL borne out by statistics
collected by BrGd'trsei'L That jour.
nal, after exhibiting the decrease IN
the number OF cattle and farm animals
generally during several yenu pAst,
owing 10 business depression ana short
orops, which forced the owners 10 sell
at any price, goes on to prove that
not for seven years past has the num-
Der Of beef cattle Ia the United States
been 90 small ne on January this
year, when their value was the small.
Get for thirteen years; tho number OF
sheep was the smallest Tor fifteen years
aud value the lowest on record, hogs
we're smaller In number than In any
year since 1883, ami, with the tXccl-
ton Of 1891, the lowest In ysluts for
ten years. Under these circumslaucos
II is not strange 10 find that the total
value Of farm animals b the lowest
reported for fourteen yeArs. one evil.
dent result OF the low prices paid has
been ~ atimulat0 exports, and Tor the
eight months OF the hseAl year ending
with February, comparison with the
same period a year ngO shows an iu,
crease In shipments OF over 1000
head Of cattle with All increase a
value Of more than four and hal.
million dOllaFS
On the face Of the showing there
would seem 20 be- small room o.
doubt that the inrxorablu law VI SUI.
ply and demand was solely responsible
for the present condition; the s,1cs Do
limited, the quality b. p.or, aud while
the demand IN tho spring aud summer
Il always less than IA winter ltissuul
greater Tor the better grades Than Is
the product on hand 1r ,u slElL lf
alec would appelr that 10 ,lt "lfuslr
had desired to eject g5Futrknl push
up prices, u would not have waited u..
tiltho season oiohcap muIlau,tggs,usu,
poultry AMI observation-disclosures had made
ith advent o. the other hand none %.
the reasoning OF the big dealers OIL
their champions 10 able 10 explain bat.
iathclonIy 90 tho c1mm0u mind how,
except by "com0iusuOnp 90 "spggu be
uou," It happens that American uru.
clipped to foreign markets Is.lu there
cheaper than American upu. can %.
SOLD here a. home.