Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1918-01-16
DIFFERENCE IN
CATTLE PRICE.
CAUSES LOSSES
OF 100000
Such is Statement Of Craig
head in Regard to Condi-
tons in 1915.

st. Paul, MINI, Jan. 1G.--North.
west cattle shippers suffered a loss or
$%7,072,857 in 1915 because Of the diff.
ference between h South st. Paul
'pnarkct and the Chicago market, A.
n. Craighead, a s%herburne county
shipper, testified before the federal
trade commission here today.
Regarding the difference between
tho South st. Paul market and the
Chicago market. Mr.. Craighead said
his information led to Il different con
clusion from hat reached by John II:
and company; who testified yesterday
THAT the South st. Paul market is
usually only twenty-five cents lower.
Mr.. Craighead offered a. series of fig
ures, taken from market reports. he
said, which showed that the hog mar
January IS. 1918, was approximately
sixty-three cents under the Chicago
market.
Big Difference.
lie testified that during the year
1915, hogs averaged 1920 per head
less. cattle IS per head less, calves
.$1.5O per head less and sheep 81 per
ket than III Chicago market.
Francis j. Heney. attorney for the
commission, questioned Mr.. Craighead
regarding feed, which is furnished by
the South st. Paul stock market. and
the shrinkage in hogs and cattle
shipped there.
Mr.. Craighead in this occasion told
load Of hogs.
IS "On one OCCASION Mr.. Craighead
said II noticed the hogs were not
eating their I'LL and the corn was
not good. I went to the office OF
PRESIDENT Magivny of the South St:
4s , n n Cf,16 Vot5c ann, n aud t0l1
dim I would bring suit if the matter
We're not adjusted. He made out a
check to me, after first treating the
matter rs a joke, and asked me not
to say anything to the other shippers"
Mr.. Heney interrupted the testi-
mony to say that h federal trade
commission is so empowered that 1t
may correct any practices brought to
it's attention. which in the Judgment
bf the commission is unfair. This, he
said, referred to all corporations do
ing an interstate business.
Lacks Competition.
The Swifts. We're usually the One
buyers Of fat cattle in South st. Paul
and the market vas not as stable as
some others, according to testimony
given in the federal trade commits
sion's packing investigation today by
A. n. Craighehd of S%herburne county.
first out of town buyer and shipper
I lCSGi1y. @hI. tIdlSIICdu Sdlu lIdL he
>fnund conditions more . favorable
when there We're other buyers in the
market at South st. Paul. When the
McCormacks were in the market
prices paid were better than later,
though now when outside" or occa-
sional buyers and representatives of
~lSuluth firms come into the market,
he said, the shippers benefited.
Corn was always sold at the stock
yards at 81 "a bushel and hay at 81
a hundred weight to shippers who
brought cattle to South st. Paul no
matter what the current prices OF
fodder was, said Mr.. Craighead. He
expressed suspicion that the hay did
! not always weigh 90 pounds. Repre-
sentatives of the commission said they
: had given up hope of completing the
local hearing before tomorrow night
Their plans they said were to go tc
Sioux City next, hut might be chang.
ed. .
Joseph f. Davies. who has presided
at local sessions Of the commission
left town today and other attached
to it would not make public his DIES.
tination. ]. P. Yodcr. special invcsti.
gator, will preside at remaining ses.
sionS.