Also a table from the Chicago Live Stock World in its issue of April 29, 1911, which calls attention to the recent slump in the values of live stock: DISASTROUS SLUMPS IN VALUES OF LIVE STOCK CATTLE, CALVES, HOGS, AND SHEEP FIGURE IN SHARP DECLINES DURING APRIL-NEW LOW LEVEL FOR THE YEAR HIT CONSUMPTIVE DEMAND FOR MEATS AT LOW EBB-NEW CALF RECORD MADEMANY ADVERSE INFLUENCES. Receipts for April, compared with corresponding period last year. Total receipts at Chicago Stock Yards for 1911 to date, including to-day's estimates, as compared with corresponding period of 1910. Shipments for April, compared with corresponding period last year: The total shipments at Chicago Stock Yards for 1911 to date, including to-day's estimates, as compared with corresponding period of 1910, are as follows: Chicago receipts by months for 1911 to date are as follows: In the pamphlet entitled "Beef Raising in Canada," heretofore submitted and printed, the prices at which finished steers are sold is repeatedly stated. A comparison of those prices with the quotations which we have introduced in the various price lists, herewith sub mitted, conclusively show that Canadian cattle are and have been on the average of less value than cattle in the United States. I wish furthermore to remark that the prices of meat in London do not justify a higher price for export steers, either in this country or Canada, than is being paid to-day, and that is from 1 to 2 cents per hundred pounds below the prices prevailing a year ago and for a long time previous, as is shown by the article and price lists in the Chicago Live Stock World, submitted herewith. Answering the suggestion made by Senator Stone in connection with the question which he put to Mr. Lasater, wherein Senator Stone read from statistics the total supply of cattle on the American Continent and wherein he asked Mr. Lasater whether the world's supply could be produced (the question will show for itself), I desire to submit Table No. 13 of Bulletin 55, to which bulletin I referred repeatedly in my argument, to show that the total world's supply of cattle was therein estimated at 424,499,238 head, and the number of all meat animals is given by countries of the world. The table is submitted in connection with the other documents. Chief meat animals of the world. [Africa incompletely represented, through lack of statistics for large areas. Number of animals in China Persia, Afghanistan, Korea, Bolivia, Ecuador, Salvador, and several less important countries unknown For Brazil number of cattle alone estimated, but roughly.] Statement of the net average price per head on cattle sold by the Matador Land & Cattle Co. (Ltd.) for the years 1893 to 1909, both inclusive. 1 Where figures are not entered in the foregoing statement, no sales were made. 2 The cattle that were grazed in Canada and sold on the market in Chicago netted $50.07 per head in 1908. The cattle that were grazed in Canada and sold at the ranch in Canada netted $54 per head in 1909. I hereby certify that the above statement is correct to the best of my knowledge and belief. EDWARD O. MACKENZIE, Manager. This statement was acknowledged before me this 4th day of April, 1910. WILLIAM R. CHAPMAN, Notary Public. The committee thereupon discontinued the hearing on H. R. 4413, and resumed the hearing on H. R. 4412. |