New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-11-17
DROP IN MEAT PRICES
Russian Beef and Riots Do the
Trick in Berlin.

Berlin, Nov. An immediate and salts
factory effect or the high cost of living
in Berlin was brought about by the i'm
portation of Russian meat and the riots
that attended the first attempts to sell
It, Prices have since dropped in some
, cases more than 80 per cent.
one hundred and twenty-eight butchers
| agreed in advance TO sell the Russian
meat but only twenty-five fulfilled their
promise on the first day The result was
r!otlng in six different market halls. and
the situation was really serious In
market hall in Moablt Butchers were as
sauited, their stands were demolished.
and sausages ana other handy materials
served as missiles Thousands of pounds
Of meat were stolen by the enraged mob,
which consisted mainly OF women.
The resentment against the butchers
was shared by the city officials, who took
prompt measures to insure that the cheap
meat should be placed on sale.
The result has been somewhat aston
ishiug The first dey the imported meat
was offered at prices much below those
for the home product, but on the second
day many butchers lowered the prices
Of their own meat TO the level Of those
for the Russian meat. and the next day
butchers who had refused to handle the
Russian meat began to pndersell those
who we're handling il. Soup meat. held
for months at q cents a pound, has
dropped 10 l5lg cents, beef tcnderloin
from So cents Gn the whole tenderloin) to
%, pork chops from % cents 10 q, Lex OF
lamb from q to 49,, and sirloin OF beef
from IS to % cents.
The agrarians are greatly pleased with
the trend of events and are already doing
their best to make political capital out
of it. They have stubbornly resisted all
attempts 10 reduce or take off the duty
on meats and cattle or to make importa-
ton easier, declaring that the livestock
raiser was receiving only fair price. and
that the high retail prices should be
ascribed TO the butchers, who demanded
an unfair profit Now they are declaring
that they have been justified by the de-
velopments OF the last few days.
The war against the bucket shop
brokers has now been carried with sue
cess into the law courts by the national
organization Of German bankers. Three
so-called bankers" have been sentenced
TO Imprisonment, one for three years and
tWo for five years Another man was
fined for infringing the law against uh-
fair competition through advertising his
business as a bank. He had formerly
been a waiter and had made 1t practice
of lending money TO students.
The man who received the sentence or
three years carried on what he called
bank. commission and financing ousi-
ness" 1t was shown that he did not
execute the orders sent TO him, ana ne
made It a regular practice TO entice Into
new operations such customers as maze
an apparent profit on stock transactions
with him. He was sentenced for en-
bezzling deposited securities, and he has
to meet a further charge Of fraud.
The two bankers sentenced for five
wears were members Of the same firm;
then offence was against the Boerse law.
Not less than sixteen persons calling
themselves bankers are awaiting trial
before Berlin courts.
Foreign bucket shops do an active DUST
ness I'm Germany through circulars and
advertisements in certain publications OF
London and Paris. and many incXperi-
enced Germans have lost money through
them. AS the German courts cannot
reach these firms, which mostly nave
their headquarters at London and PARIS
the Central Association Of German Bank
ers has for some time been carrying on
a campaign against them by printing In
the newspapers LETS OF all such foreign
bucket shops as try to do business In Ger
many, and by warning the public against