Omaha daily bee., 1902-02-09
LIVE STOCK EXCHANGE WORK
Annual Rspsrt TO Members Mad, BY
Secretary euild.
EFFORTS TO BETTER MARKET CONDITIONS
Relations with stock Yards Company
Packers and Railroads Explained
and Notes on interests In
VOWED Set Out.

omaha Live Stock exchange held February
3, the secretary, ]. M. Guild, made a re-
port Of the work of the exchange for the
year. The secretary opened his report by
giving the names Of the officers who had
charge for the year 1901, and noted the
following changes In membership:
Losses by death, ]. e. Byers, q charter
member and member Of the board Of direc-
tors; by resignation, w. B. Wallwork. A.
Haas, w. N. Babcock, w. G. Allyn, ID. Con-
dron, w. H. Forrest, e. X. Harris. Charles
Haas, A. H. Noyes, F. r. Supple. c. w.
McVicker.
Additions, A. N. Benn, G. J. Booth. VIII
liam Thuet. F. H. Bonner. Frank Thuet,
J. q. Forrest, ]. J. Roberts. A. Wertheimer,
J. NJ. Guild, w. A. Jones, E.. p. Molady.
The total membership at the close Of the
year was 204.
During the year the exchange held six
regular meetings and four special meetings
and the board Of directors seventeen meet
ings. 1t was decided to levy an assessment
of $40 upon the members to pay the ex-
penses Of the society. payable in two in
stallments. March 1 and July 1, 1902.
work Of the inspectors.
The public inspectors have inspected dur
ing the year 2.414,052 hogs, docked 25,457
sows and 19.441 stays, the percentages be-
ting los and $40, respectively. The dock
IN weight amounted to 2~,573,56O pounds
less than one-half of one per cent. The
average dockage amounted to 1.07 pound
per head, and the work Of the inspectors
was highly commended by the secretary.
A new system of recording inspection
has been adopted. which will make it pos
sible to give more detailed
In the future,
The secretary notes the good work OF
the standing and special committees and
refers to the advantage derived by persons
from membership in the association, which
IS anliated with the National Live Stock
exchange and the National Live Stock as
sociation. As an evidence of the appre-
citation of dealers Of members In the ex-
change the secretary notes that ten COM
plaints. more or less serious, have been
fled with the board during the year. all
OF which have been thoroughly investigated
and in almost every instance settled to
mutual satisfaction. The report continues:
AS an indication of the growth OF TINS
market, in hog receipts especially, II mas
been found necessary to petition the Stock
Yards company for enlarged. hog yaros, 70
S accS.3FISS THE the s hssxy Yar9s eomp amy
has promised to build another section
and equip an additional scale house. ann ~ :
these improvements were under. contem-
pIation before the exchange made its re-
A matter of much Importance. which
had its origin with the exchange. Is q
ytiadvct spssnping the r sng lsad fEacR TO he the
Exchange building. The prospects, were
never. brighter for the consummau9n OF
In this direction, as negotiations are now
under way towards the building OF a wa
duct this year.
Relations with Railroads.
Our relations with the railroads are. we
believe, cordial, but respectfull the sA-
shange having recently assumed q policy
: h~ufhciently aggressive to warrant attenuion
md train service affecting this market
are In contemplation. The success aSniSte1
n having unfsyora6ls and . SisSrl mas BEEN
many DETERMINATIONS against this market,
time and incessant work to have rectned.;
Az a general thing the railroads are with
Us In our endeavor to build up this mar
ket, and gladly acquiesce in any reason
able request, but In some instances, nota-
bly, in western Iowa, the raiiroans 40 CON-
dition of affaire or r~earranged their scheds
ules 10 accommodate the Increased and
ward This point. BY friendly. means, how
ever, we are having revisions OF time
soDII5 in our interest. More attention
has been paid railroad conditions In Iowa
than any other section nat ~tripp 0S1a With t1 'n ali
k,,a resnect TO and recognition OF our
home state. has such an abundance OF
ures. and has until recently been con-
sidered as Chicago's legitimate property.
10 tthih s market ali business from this terri
tory ours by geographical right me com,
Ing year gives Indication Of the ~, Snie Ms
souri, river, and of necessity contributing
to this market stock from a highly produc-
dive territory now without railroad service
Better Service of Trains.
The time of arrival Of stock has greatly
and now, only in the event OF unusually
heavy runs. Is any delay occasioned. ane
! reliable report in advance Of stock 6
arrive, TO tie advantage Of buyer and
The Grout bin, which. through the asi-
taton OF this and other exchanges, wa
defeated at last session OF coagress' ma
presented at the present session under the
GcCieary. Tawney and Davidson bills. II
nicious in its enect on the live stock In
dustry we nave conveyed 70 eh OF our rep
resentatives at Washington our wishes In
the matter and asked their corporation
towards that end. In prosecuting this mat
ter before congress the I'VE stock Interest,"
house committees on agriculture to contend
with. but with the, combined action OF ths
live stock and packing industries properly
directed Il Is hoped and expected to agair
defeat the dairy combine" In It's enorti
TO lnluLG the mAuuiaGtuI0 aAAQ onlD VI %
popular and we'll recognized article OF die
Is oleomargatine.
other legislative matters In which w
are either directly or indirectly interestes
and which will come up during the presen
session are as follows: House roll No. 66S
a bill providing for inspection of manufac
1ured wooden goods, In the interest OF tn
consumer and grower of wool; a bill pro
Vtding for governmental aid in reclaiminI
the arid and semi-arid lands OF the west
through irrigation protects; a bill amend
ing the Interstate m act, TO Civ
the Interstate commission poWe
to enforce its own rulings.
classified Census of Live stock.
Movement are also on foot toward hav
ing an annual classified census OF lv
stock; a just and permanent settlement o
the question OF grazing on forest reserves
and lust treatment for the agricultural an
live stock press at the hands OF the Post
ONCE department. The manufacturers wi
move az this session for free wool and FIRE
hides, a movement OF much interest to tn
live stock industry.
During the year the Internal Kevenu
department ruled that the business trans
acted by the commission firms OF the ex
change was Of such a nature as to requir
q brokers license. costing $50 a year. Thi
matter was taken up promptly and a re
verse ruling secured, rendering the com
mission firms exempt from any such tax.
Just prior tC July I q strong -efort wa
made 20 have bills OF sale freed from III
war tax Imposed by the war revenue La
- aaAa IA - Aaua 49,. a.