The evening times. [volume] (Grand Forks, N.D.) 1906-1914, 1912-07-05
MILLIONS GO INTO
FARMERS POCKETS
Amount Paid to Farmers
From South St. Paul
Nearly $24, 100000.

South st. Paul. July 5.-Farmers
and stock growers and shippers of the
northwest who p%atronize the South
st. Paul market received in the six
months ended July / close to SEA-
100000 for their stock. according to
local yards, based upon the clearings
of the South st. Paul banks for the
period. Allowing for duplication of
records and for the financing of bust
ness activities in the suburb distinct
from the live stock and packing in
dustries. there is always a consider
able volume of business at the stock
yards transacted entirely outside the
local banking channels. offSettinS the
money included in the clearings which
was used for other purposes.
With practically $4,000. 900 a month
involved in the buying n selling of
live stock on the local market the first
half of the present yea an increase
of Sl,90o.000 is shown in the amount
paid out by South ST. Paul packers
and dealers for live stock in the six
months as compared with the corre-
spending time in 1911.
Increased Profits for Farmers.
n average gain of a third of a
million dollars a month represents in
creased profits which have gone into
the pockets of Minnesota and north
western farmers n stock growers.
the increase being largely due to the
higher prices paid for stock coming
from these states as compared with
the returns realized in 1911.
In h period just closed the ar
rivals of cattle, including calves. were
approximately 100000 head. practi-
cally duplicating the receipts from
January L to June 80 last year.
Values of cattle have been the high
(Gf 0n rnrnr6 Sirra Tho hnoir,;rr 81
the present Year. although at present
they have relapsed to a normal sum
mer basis. The high mark was reach
ed in MAY. when unprecedented values
We're realized.
ThAt farmers in this territory have
returned largely to pork production
after the hog famine of two wears ago
Is evidenced by the big increase in the
receipts of swine at South ST. Paul.
\ total of $4,000 head arrived at the
local market since January 1, an in
crease Of $4,000, or more than 1900
a month over the same period last
year.
Prices for hogs have been on a re-
mnnerative basis for the grower, in
UNUSUALLY cold winter. AT present
hogs are selling at South st. Paul
nearly a dollar a hundredweight high
err than one year age. The high aver
age of the past few months has been
largely responsible for the better
showing made. Hogs are now selling
at 81 to $3.50, which leaves a liberal
margin of profit for the grower under
normal conditions.
Sheep Supply Larger.
Sheep and lamb supplies have been
larger also. indicating that his class
OF stock is growing in favor with
farmers in this section of the country.
Although prices on mutton stock have
followed those of cattle in taking the
annual summer slump the figures
have been lofty practically all the
YEAR until the coming of hot weather
early last month.
Although the movement Of stock
and feeding cattle and sheep has been
much smaller from South st. Paul to
country points sc far this year thar
in the same time last year. the situa-
ton has been the same at all of the
leading markets of the country.
This falling off has been due to the
shortage of such cattle in the country.
However, there has been extensive de-
mand for stock to take back to the
farms to fatten, and the fact the sup
ply is below normal is taken as prom
Use of unusually good and profitable
rates for the beef and mutton pro-
ducerS of the country the coming fall
and winter.
Receipts since January / at South
st. Paul We're 123.705 cattle. 65,9o5
calves. 579,342 hogs. 1892 sheep,
2.9s7 horses n 1884 cars. June
receipts were 1927 cattle. 1915
calves, S2.694 hogs. 1902 sheep, 24S
horses and 2,109 cars.