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Show TAJL IISTA? .t.CTT J1ZHZ2 pachers. This is a healthy of TOnrse, tor the range created confidence- in feed let ns which has again pat the feeder feuyer m t the market with a resultant valuable cutlet to the range producer. ep-erat- pro- ducing sections and cn which ehccli not eeracasly handicap the feeders if teeff levels may he mamtaiJei. la eocfidtriss line value realized three year cl is and during the prespro- ent year a substantial per tentage duct, it s&eras reasonable to eon-eid- er of the beef ranges in age from 15 the purchasing power repre- to IS months, thereby doubling the sented by the cattle or in other time required for a complete turnwords, bow ranch of different staple over from the rang? to the feed commodities will the sale f a giv- lot and ultimately to the consumer. en number of cattle permit the proIt is a fact that feeder cattle ducer to purchase. from the ranges hare again Taking the Chicago livestock into their own and prices feeing market as a basis recent figures paid many times bring them into show that It has only been in the competition with the demands f past few months that cattle values hare, gone above 1 per cent off pre-wpurchasing power of cattle, this being the first time since the beginning off ISIS. Prior to 1919 this purchasing power mlyj once before reached this percentage! since 191 and that was during the period of 1912 to 1915. The purchasing power off cattle reached its lowest ebb about $2 per cent value J when it of the pre-wstruct bottom in the fall of 1921. Since that time a sustained rise in values has been recognized, if w eliminate the seasonal decline to- ward the end of 1922, 1923 and by the cattle producer for his ec-rn- From am eomcmicaJ standpoint this situation in the feeder classes is healthful as from 1919 to 1925 Jj; feeder buyers were mot an import-ant factor m the market due to their inability to carry m pera-tie- ns to any extent during the liquidation and deflation per&aul and accompanying inxbilitty to finance. However, pressmt curtailel supplies and healthy demands due to general good conditions throughout the satisin country resulting highly factory price levels have agvfn ' TF pou want what you iwant when -- sou want it in the printing line "WE HAVE IT! ar We Ask You ar 1924. There appears to he ao question but that cattle price levels travel in cycles in much the same manner as other staple commodities. Opinions have differed to some extent as to the length of the swing in cattle cycles. Many authorities state that from six to eight years is a fair period for the cycle to perform its revolution from the I top to the bottom and others have I placed the period as high as sixteen j years from the time we hare a supply of cattle below- the demand with accompanying higher price levels to the time when production, through the stimulus created by these price levels reaches its peak and the price level line on its downward movement Hosts the cattle production lino as it climbs. There is no question but the quicker turnover in the cattle in- I ff dustry through the utilization younger animals has a direct effect in shortening these cycles. We may be entering a period to that experisomewhat sir an upward when 19 a enced in a followed trend period similar to have that which we just passed through. At that time prices reached tbeir peak in 1915 but of course, the war situation was to be reckoned with. However, the same situation is recorded in 159$ when a j similar era was passed through a J 1599-prices reached their peak infee re- j If this movement is to off market contention the peated observers would seem to be well founded that study and even strong-- j er prices for cattle might be exbe pected and the peak would worked according reached, if it with Hoyle, around 193 or 1931 downward swing a the beginning of presenting itself at that time. However, the quicker turnover inresulting from the constantly ffo. demand consumer creasing is very likely to animals younger upset these figures to some extent and if it does it is likely that the peak will be reached earlier than hais cycles would indicate. When it considered that in 1912 the bulk of the choice cattle for which there was the broadest outlet consisted of aint it Funny? When a business man Will get up In the morning. From an Advertised mattress And put on advertised underwear, advertised hose, shirty collar, tie and shoes Seat himself - at a table and eat advertised breakfast food, Drink advertised coffee or substitute. Put on an advertised hat, ' light an advertised cigar. Go to his place " of business and TURN DOWN ADVERTISING ON THE GROUND THAT ADVERTISING DOES- 1 NT PAY! 8 $ $ $ $ The Uintah Basin Farmer reaches the Buyers of the Uintah Basin and has the largest circulation of any paper printed or circulated in the Basin iffi |