He Predicts that the Prices of Beef will Continue to Go Higher and Higher
Until Grass Fed Cattle are Placed on the Market
St. Louis, Appril 26.-
Zack Mulhall, live stock agent for the 'Frisco system, says there is no meat trust, but that competition
among the packers for live stock causes the high prices.
Cattle are scarce, he says, and expensive to feed. The shortness amounts to 150,000 head for the year. Mulhall maintains
that the packers, who usually have 8.000 or 10,000 cattle hanging in their refrigerator rooms are now entirely cleaned out,
and that the packing house buyers screamble for offerings and pay high prices to get them. He predicts that the price of
beef will go still higher until grass fed cattle begin to come in in June.