This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1911 Excerpt: ...and breeders of the United States, or will have cost them by another six months if the same prices prevailing now shall prevail then, $100 ...Read MoreThis historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1911 Excerpt: ...and breeders of the United States, or will have cost them by another six months if the same prices prevailing now shall prevail then, $100,000,000. Take it from last October or November to next October or November, if the present slump in prices continues it will have cost us $100,000,000 because of the fact, in my opinion, that Argentina is laying down beef in London that cuts off the possibility of our export trade and dams up the supply in this country, demoralizing the market until we are selling cattle to-day on the market in Fort Worth that are shipped to Philadelphia for sale in the carcass at cents to 2 cents per pound less than we sold them for one year ago. Now, these figures, in cents, for the chilled meat were: For January, 8.96; February, 8.30; March. 7.90 for the hind quarters, and fore quarters ran about the same. Going back, however, to January of the preceding year--it was about the same for January of the preceding year--but during the year it reached a price as high as 11 cents for hind quarters. This period, from November, 1910, to March, 1911, shows a decline of 1$ to 2 cents a pound in the hind quarters in London. During that time we have had a similar decline at least, which shows now in the market in the wholesale price in the United States. These figures are presented for the purpose of demonstrating the fact that if these products are placed on the free list we may expect a reduction in the wholesale price of fresh beef in all the great centers of population along the Atlantic and Pacific coasts, and that will dam up our western supply and cut off the eastern independent buyers and demoralize prices. Precisely the same thing must happen with respect to the Canadian surplus if it is admitted into this county free on top of the surpl...Read Less
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