The Eureka sentinel. [volume] (Eureka, Nev.) 1902-current, 1903-11-21
10 FIGHT MEAT TRUST
Plan to Aid Stockmen by Establish
ing Independent Packing Con-
eern-Ressons for Low Cattle and
High Beef Prices.

Nevada s.ockmen are becoming inter
essed in a plan to form an independent
packing company to fight the pack
ers' trust and to enhance the vzlae CT
livestock. This projsct has been
agitated since before the Natio1A Live
stock Association held its annual con-
vention in Salt Lake Il has taken
definite form only within the kss few
weeks, when the Independent Packing
Company was incorporated u1de- Tire
laws of ArizonA The company l. ROW
seeking 10 raise the noosy taroazA
stockmea 10 go Ahs4d with Us plans fox
the baking Of big ssockyEds An5 pack
ing houses
Las- week letters were sezf ozf %
numbers Of s-cckus1 /, the 11rs--
mountain region asking oo-ope1111 II
the movement, inUT1ns Subscriptions
to the 100000 capital sock and re-
guessing st0ckne1 10 meet In Fo-T
Worth. Tex, Dec / 10 hear further de-
tails Of the subject
The prospectus which has reached
Nevada stockmen declares thai the
price of livestock Is beng depressed and
of dressed meat raised by the packers
trust. The prospectus says. II part:
Packers in Combine.
Everyone knows that the leading
packing firms of the country. to al in
tents and purposes, have entered into q
combination by which they absolutely
control and fix the price of the live pro
duct to the grower, and also the price
of the finished product to the U
Representatives Of the four great pack
ing houses meet in Chicago every week
day afternoon and fix these prices for
the following day, regardless of all laws
relating to the supply on demand. and
these prices prevail at all our markets
By this method of business, all compe-
tition is destroyed, and the farmers,
stockmen and consumers are at the
mercy of one of the most far-reaching
trusts ever organized in this country.
1.-The truth Of this assertion is obvious
when you consider that fifteen months
ago No. / beef, on the hoof, sold in
Chicago from $3.50 to 1896 per hun
bred. To-day the same quality of beef
brings but from 1885 to $40 per hun
dred pounds, a decline of fully 50 per
hundred or $50 per head for a 1000
pound animal. The dressed product, it
will be seen, has sustained but an inslg-
nifcant reduction, entirely out of all
proportion to the decline in the price of
live animals.
"Hogs, on Oct. 8, 1902, were selling
from Sc. 10 to $7.45 per hundred. One
year later they were worth but s. and
1886, a decline in the value to the
farmers of about s4.50 On every animal,
while there is no ~perceptible reduction
in the price of pork products to the
consumer.
"The decline in the price of sheep is
proportionately as great as that on cat
tie and hogs.
Reduce Price of Stock.
Because Of this manipulation at the
markets, other influences have been
brought to bear tending to a reduction
in the price of livestock. On account
Of which the losses to most men who
fed cattle in Kansas, Nebraska. Mis-
souri,, Iowa and Illinois during the Win
ter of 1902 and 1908 amounted to from
$5 to $50 per head. This depreciation
in values falls entirely upon the man
who raises the steers and the man who
feeds them, and amount to these enor.
nous sums:
Cattle. $3.50, 000, 900
noss lZU,VUU,VVO
sheep oo,0oO,VOO
1856, 600, 600
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