New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1919-06-06

prepared by the united otateS Depart
ment Of Agriculture.)
That every n interested In meat
from the stock raiser to the consumer
may have the benefit of knowing
market conditions in the meat indus
try, the bureau Of markets, United
States department Of agriculture, is
sues daily and other reports to facili-
tate distribution. improve transporta-
ton, stabilize values and to help the
producers In placing their stock where
1t will sell to the best advantage.
On the assumption that the dissent
nation of market Information will tend
to improve conditions, the bureau of
markets has developed a system of
market reporting that has already had
some effect in restoring confidence in
the markets. While the information
made available by the bureau is being
used most extensively by those active
ly engaged In some branch Of the live
stock or meat industries, it is believed
that one or later the public gener-
ally will utilize this knowledge and
with 1t bring into line any retailers
who reduce consumption by an unwar-
ranted margin Of profit.
Present Market reporting System.
The present market-reporting sys-
TEN, which was begun in the fall of
1915, has developed rapidly, and at
present there are II service c%enters,
each Of which distributes daily, week
ly and monthly reports on the various
branches Of the industry. These In
clude daily reports on meat-trade con-
dltions in Boston, New York, Philadel-
phia, Washington, Pittsburgh, San
Francisco and Los Angeles; daily re-
ports on livestock lOadings; daily re-
ports on the estimated receipts and
prices of live stock at Chicago and
Kansas City; reports of livestock
movements in grazing and feeding Sec
tons; monthly reports on stocks of
frozen and cured meats, eggs and
poultry; monthly reports on livestock
receipts and shipments at all public
stock yards, and monthly estimates on
the supply of marketable live stock.
The report or meat-trade conditions
at the leading markets brings to the
small dealers, MS well as to producers,
information that was formerly pos
sessed only by the larger meat-packing
institutions. Specialists obtain full in
formation daily on the fresh-meat sup
ply, including various grades Of beef.
veal, pork, lamb and mutton at the
markets, and this information Is tab
ulated and distributed widely by tele-
graph, through a ~leased-wire system,
to meat-market centers. In q similar
manner daily price quotations are fur
nished on different grades of live
stock. As applied to fresh meats. this
service results in giving to the public
full information as to the supply and
accurate data on values of all com
mercIal grades. Secrecy is eliminated.
that when prices on meats are high,
compared with values on foot, 1t Is
possible to locate the profiteer.
Shipments Reported Each Day.
Daily reports prepared by the bureau
the industry with Information
livestock shipments. This informa-
ton is obtained from transportation
who report by wire each
night to the Chicago Office Of the
The wide distribution Of this
information tends to stabilize values.
II furnishes to the producer informa-
which will enable him to ship his
stock to market where there Is the
greatest demand. A knowledge Of the
by smaller plants, which these
furnish, has a tendency to
competition among buyers
with the subsequent effect of raising
Also, when the amount Of live
stock moving from production areas Is
It is possible to regulate the
supply Of cars needed and to deter
mine whether a shortages for any
particular district are apparent or
real. Improving the system of dis
tribution makes fewer cars necessary,
and they can be moved with greater
dispatch.
The better distribution of livestock
receipts resulting from Information
obtained from the loading reports en-
ables commission men and buyers to
better service In handling live
stock after 1t arrives at the stock
Heavy receipts arriving unex-
pectedly create congestion and confu-
don, which In turn invariably result In
Unnecessary shrinkage and costly de-
lays, working in reality an injury to !
The producer and thereby discouraging
Bureau Issues Variety Of Reports
An important branch Of the live
stock reporting system Of the bureau
" markets consists Of the telegraphic
bulletins prepared by representatives
,f the Chicago and Kansas City Of
ices, and issues from time to time
Turing the market hours Of each day.
They report the actual livestock ar
ivals and the exact conditions Of the
market, and are transmitted over the
Sol for Sudan Grass.