AMERICAN MEAT MARKETS.

Dominion, Volume 4, Issue 1133, 22 May 1911, Page 8

AMERICAN MEAT MARKETS.

An oversea exchange has tho following:— • ; *The marketing of fat cattle in America, ind in Chicago especially so, lias been heavy and constant since the new year began, and every pound of the product has .found'a purchaser. Distributors are nut storing beef. AVhen a few tons accumulate they desert the cattle market. Beef consumption never before reached present proportions in the United States, despite unseasonable weather and the handicap of Tiigh retail cost. With pig product it is the same story. January, normally a month of accumulation in packers' cellars, created no piles of meat. A supply considerably in excess of fliat of last year practically all went into consumptive channels with alacrity. Oil February -1 the principal packing points of the West did not receive. enough pigs to increase shocks perceptibly,, after ordinary consumptive cliannols liad been supplied with daily requirements. More than a million fat sheep and lambs are reaching the principal receiving points each mouth at present, and Do per cent, of this run is going into killers;: i hands. Tn the aggregate, vast quantities of beef, pork, and mutton ore being eaten daily. ,So far as. these commodities are concerned, cold storage is'not a factor iji controlling supply or determining prices. The nation is 011 n hand-to-mouth supply basis, and any material cur- '. tailment in supply will result in prompt appreciation in values. ■ The article is going into consumption as fast as killers can put' it in marketable shape."