The Richmond Virginian. (Richmond, Va.) 1910-1920, 1916-01-16

e II Berryman. President Kentucky
reef Cattle Association. LeXing-
ton, Ky.
Please present my most cordial
greetings TO your association and sim
cere regrets that a case Of grippe rem
ders Il imprudent for me to take the
long trip TO Lexington. / am glad TO
see such associations and trust that
many more Of them will be formed.
Grave questions arc pressing upon
the attention OF the beef producers OF
tho country. The admitted shortage OF
cattle. dating back ~ least three
years. IS greatly accentuated this year
nv the practical withdra wal of i'm
portations from Argentina Against
this short supply has been asserted
an unprecedented foreign demand
which has been met by unparalleled
SHIPMENTS 10 all accessible points in
Europe, shipments both in volume and
value many times in excess OF any re-
cent previous years, ali sold to- the for
eign consumer at enormous prices
Our own Industrial situation * AMI
has been for some weeks or months
better than for several years past, In
dicating an earning power whicE
should afford a guara ntee of at least
healthy domestic demand, Hides or
big beef cattle have. since the begin
ming OF the European war. advanced
fully SIS a head and all the by-prodncis
Of the slaughter house have advanced.
particularly those which the farmer
-ft,vs back In the form Of fertilizers.
EVERYTHING in the way OF grain and
provender consumed by this year 8
stlpnlv of cattle was abnorwaIIv high.
in short. everything that has gone
into cattle and everything that is COM
{nr out Of them IL and has been nigh.
EothwIthstand.ug these conditions w
find the price Of good and medium
beef cattle on the hoof lower for sev-
,-ra3- Years 4tlhs:ant!allN -heiuU we'll
established pence prices. substantially
below the fair cost 81 prodHctiuu con-
!.iaering the yost of the yoJnc cattle.
which - thT beef producers. raw ma
terial. The high price OF this raw ma
ter!al $50 90 speak, has been fixed un-
der the operation Of the law Of supply
and demand. resulting directly from
well recognized shortage IN the supply
IF live cattle
We see. too. that the price of live
cattle has advanced from SO to 50 per
nnndred in the markets of Argentina
dnr!nr the same ,srle and Under mucA
less favor.,n,e conditions than those
under which live rattl, have declined
frop, - IN 80 pcr cant in tne markets
~ the United states. 80 that the price
~ .rf,.,a s,ata9s4 I'M. Z, },tea4so, New
yor,s has been reported by the Breed
as Gazette ms Ietug lower than that
80 co,fessc,yI, inferior cattle Of Ar
,-anf{ra TINS e1T77ayY1 Ir NrEeUTIna
rerortad :, ba,,, resented from the
-fF,.'ratttion nc l,ocllSh huvers with
,,,,a-,can nanNars n 40. American
-,a,.,,a-s orr ugy,n. gnure for Araen-
80 cattle than 90. American cattle
.,,nrt,. rru,on.ap demands and
.,,.,,,i,ti,-g ,,..s. ~ chem double the
,t'.,,.n ia presumably double
-. tt,,,orya t,a- ratlt. were sold on
~ e.. y-fri ,.,a,kefs in November
"a ra~a,,,be,. which welded the pro-
80. t.. tnr ,,,G warts keap tnau
-, 10, co, for sIanrhferirE aud
,'..~ih,,,ton
-. .b,s, ss-t~ sat-rsirt,ttv Sue-
,,.,i,,a ~ arfInciu1 control Of tie cat
-. 49,. l-,siea States "a he
-. 80 ,o,,si,,avat{on and If SO do
~ - y,,gs,st chine, governmental