Kansas City journal., 1898-02-11

| exchange there was handled on this mar
| ket 2.961.0 900 head Of live stock. represent
! ing q valuation of s35340.GO0. and during
| the year just closed you handled 6444.00o
head, representing value OF $ll0.oD,vO 1t
| is a fact worthy of special notice. that,
while other markets have suffered from
the effects of blighted harvests, financial
depressions or waning prestige, there has
been but one year in the twelve OF your
existence which has not shown an increase
over the year previous.
In the building and development Of this
the second largest live stock market in
the world (and soon to be the frsD: your
exchange has been the most potent factor.
Your packers have paid prices which in
duced shippers to patronize the market:
the stock yards company has provided
facilities unequaled at any market: and
your commission men have. during the
year, expended more than 100000 to sing
the praises of this great mart; and in ad.
dition to this. have expended over $500
for free market reports. circulars. cards,
kilograms and general information to coun-
try shippers: they have loaned over SIS
900. 600 to feeders preparing their stock for
market: and the transportation department
of your association has expended $3,225 to
guard the freight interests OF the mar
ket.
While the circle from which this center
has drawn its trade has by energy and
perseverance continued to expand. until it
extends from the state Of Washington to
Georgia. from Indiana to Old Mexico. and
from Minnesota to the Gulf, 1t has been
specially blessed by reason of two years
mediately contingent. Thirty-three states
and territories besides Canada and the re-
public of Mexico contributed stock to this
market during the year.
In the development of our market the
past year every loyal resident of Kansas
City can feel justly proud. but It Is to you.
gentlemen Of the Kansas City Live Stock
exchanged matter of special pride: Through
your thorough system of handling this
great volume of business, by your just and
equitable rules which have established
high moral standard in the transaction Of
all business affairs. and that compels equal
rights and Justice to all. you have built
reputation for commercial honor that is a
guarantee to the patrons OF this market
of fair treatment and absolute safety.
THE country shipper has learned that he
can call upon your exchange at any time
and have any act of bad faith righted, any
uncommercial or dishonorable conduct
change and its rules are for his protection
The success of any live stock market ex-
pends to very large extent upon the up
right. honorable character Of its commits
siCn men.
1.-The school in which they are taught the
principles Of right; the field upon which
they practice the tenets of honor, and the
foundation which supports them IN the
faithful discharge Of the trusts connded 70
rules Of your association are so well ap-
preciated by the hundreds Of persons op-
Grating on this market whether members
or not. have become so well adjusted 70
| the commercial needs and usages OF the
market that your board Of directors has
the year to enforce their penalties. Al
| though you bought and sold among your.
selves during the year $110, $50. 900 worth. OF
property. being $s54.ooo each business DAY,