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Show fp Ovestpck. In lt20 there were industries in the Los An.-jvk-s notronoHtan area with a prnduciioii of nij)foxim:itily eiirht million dollars .".ml at this time there are '',000 iniUtr.ti if s with an output out-put of commodities valued at a billion and a hill' dollars. All of this represents, repres-ents, of course, a payroll of workers who are eom-ume'.-s of meat foods which mem'..-; a market for the live stock producer in the entire territory; lyin;r we-t of the Rocky Mount-tins. The south Pacific Coast outlet for meat food predicts has changed from a seasonal demand to a ynar-rovnd requirement for these supplies and this has placed the live stock producer in the entire western tenitory in a very favorable position, e;ivine; him as it does, a choice of either .coimr East with his commodity or choosing a Western market if it is more favorable. favor-able. The recent decline in cattle prices should not cause any apprehension on the part of feeders or conservative operators as it is the natural reaction , from the price levels in recent months which appeared out of line with the prices realised on other food stuffs which are competitive with beef. There has seldom been a time when there was as great a spread between the prices of pork and beef as has i occured within the last few months. 1 Naturally, the retail buyer has turn- j ed to" pork, lessening the demand for j beef and consequently equalizinp- the i I beef price level with other food stuffs. The law of supply and demand is inexorable in-exorable and will not allow price levels to strike too hiirh or too low a medium for any length of time. The tendency of the pork market is up-v.ird up-v.ird and this should help the beef maAet. Live stock i'n any nation has proven itself for many generations as being, an essential part of a well balanced agriculture. A report from Winnipeg, Winni-peg, Canada, states that the live stock valuation -n the prairie provinces provin-ces has increased nearly one hundred million dollar- in the past year. The dairy industry has made a rdace for itself, of course, in supplying supply-ing a very essential food stuff to the consuming- public in the form of milk, cream, butter and the other products coming from the dairy. However, the dairy industry is now playing a J most important part in the beef cat-'. cat-'. tie market at practically all of the j central consuming centers, as the dairy, cows find a ready outlet in the ! beef channels when they are no longer long-er profitable producers in the dairies. ', For instance, California is usually considered as an essentially citrus producing state but last year the dairy industry produced over ten million mil-lion dollars more than the citrus industry, in-dustry, producing eighty million dollars dol-lars for the year. In 1!)27 the total consumption of' meats declined three hundred and seventy three million dollars, the de- j eline hi eg practically confineil to the j consumption of beef. In the face of this decline in beef consumption there was an increase of three hundred and fifty-two million pounds in the pork utilized. This shows, of course, that the increase in pork just about one half offset the deficit in beef consumed. consum-ed. Lamb and mutton consumption was practically steady for the year, showing that the beef 'consumer, due to higher price levels turned to pork which was comparatively, cheap on the market during that period. It is interesting in-teresting to note that there was a decrease de-crease of three and one-half pounds in 1927 in the per capita consumption consump-tion of all meats throughout the United Uni-ted States which declined from one hundred and forty-two pounds per capita in li)!!G to one hundred and thirty-nine pounds in 1927. |