Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1909-03-19
HIDE MARKFr p THURSDAY
Packers and HI alers Profess
Ignorance 'se.
ROUGH SHOES OF X HIGHER
Increase is Small, but a. ded as
Significant.
REPRESENTATIVE PACKERS TALK
REPRESENTATIVE PACKERS TALK
Look for Decrease In value of
Hides, hut Proposed Changes in
Tariff Schedules Are Not
Alarming.

In the face OF the announcement that
raw hides are likely to he placed on the
free list, the market on both hides and
shoes has risen considerably during the
last two weeks. The market on raw
hides in Omaha jumped / cent Thursday
in spite Of the fact that the tariff was
about to be taken off hides. What this
means packers and hide dealers in Omaha
profess not to know.
Not only has the price of raw hides in
creased, but rough shoes made from
heavy leather have increased in price
and the shoemen also profess ignorance
as to the reason for this. Rough shoes
which wholesaled In Omaha for $l.9o have
been raised to So and those which whole
sailed for 81 have gone 70 S2.10.
Cattlemen seem to think the placing of
raw hides the free list under the new
tariff as proposed in congress will make
a cut in the price they receive for their
cattle, but on the other hand some of
the packers who buy most Of the cattle,
do not think it will reduce the price.
Manager Murphy of the Cudahy Packing
company went far as to say that the
removal of the tariff would cut no figure
and that his company was not concerned
about il at all
The present duty on hides Is 10 per
cent and at present most Of the importa-
tions are of the heavier stuff from south
America. There the cattle are of short
hair and thick hides and consequently
produce the best hides for sole leather
Likely to Reduce Hide Prices.
r. 9. Howe, manager of the Armour a.
Company plant, has just returned from
six months trip around the world and
said that while his attention had been
called to the matter he had not been able
To figure out just what the result would
be. lie said that If the price of hides
was reduced one-half of what the tariff
would amount to- IL would reduce the
price about 40 cents for each bullock. He
said he thought 1t would naturally re-
duce the hides somewhat in value
i'T'hepe II. constant demand for the
thick, heavy hides from South America
for sole leather use" said Mr. Howe.
We need that class of hides which are
not produced In this country What the
general effect will be | cannot tell"
81 have no doubt the removal of the
tariff will have a tendency to reduce the
price OF hides" said Manager Doorley OF
j. F. Smith & Co., 1914 Jones street one
OF the largest buyers Of hides in the west
"Nou can't always tell about these things
however. In the face of the announce
ment of the placing Of hides on the FIRE,
llSA NtlH lltt bl IllutS III Nmdnd Jumped
to II cents today To an outsider It look
as though the shoe man will he the onl,
one who will get any benefit He will &c
his leather for less and sell his shoes 70
the same price. The South American hides
with which the hides of this country hav,
to compete. are sold at auction in New
York, They can afford to deliver ndes il
New York for cents, bat their hides q
rule are about half cont inferior 4
our hides. with these hides coming u
free and put in competition with our hide
they could he worked off for good profit
Hide Dealers Mny Suner.
THE removal of the tariff on hides vii
cut down the business of the hide deal
crs, those who deal in hides which do no
go to the packers. with hides at tn
present price farmer who has a bulloc
killed or a rancher who loses a steer ca
afford to spend the day I'm sknning
and taking IL to market. II hides wer
much cheaper they would not bother t
do IT. This was proven during the PAM
times when everything was cheap.
"The worlds supply Of hides is 60 pc
cent short of what it was two years ag,
so Il does not look as though there woul
be any immediate dropping off in prices
Il don't think the matter of rcmovin
the tariff will have much effect on n
price the ranchman receives for his ca
tie said c. S Hayward. president ,
the Hayward Shoe company. THE pri,
on hides is largely controlled by the pacl
ers II may have the broad effect ,
bringing our markets in keeping with n
markets Of the world. In the face
these rumors the price Of heavy shoes h,
advanced from sl9O to s. and from s.
$40