Show ae IV C sto 9 los angeles june 16 magnitude ot of thel iv estock business and its economic importance to the united states la Is brought out in figures just released by the U S department of agriculture meat animals realized a cash income to farmers and stock men in 1937 amounting to 2269 this total represented a slight decrease from 1936 when cash income front from meat animals was this decrease Is significant when it is remembered that livestock prices generally were higher than normal in 1937 indicating that the american consumer paid fewer total dollars tor for meat than in 1936 the decrease is due mainly to the smaller number of hogs marketed in III the country as a whole hole last year increased income biorn cattle and calves was reported in III all of 0 the tar far western states Ari zonas total agricultural ri income showed the largest increase in 1937 over 1936 ot of any state in the union the gain bein ing 29 percent fan P a totals tor for all livestock sales ale are added to livestock products principally milk and butterfat butter tat the 1937 income showed allowed a gala gain over the preceding year total gross income being for or 1937 as against in 1936 ot of the eleven western states cal had by tar far the largest cash income front from livestock liveston and livestock products the 1937 income totaling second in tills this group was washington with income ot of 7 in the united states as a whole well over 50 percent ot of all cash in conle come to farmers carries from livestock and livestock product sales thus the degree ot of prosperity attained by the stock menn and dairymen is ot of extreme economic importance to tile the welfare ot of tile the nation as a whole one ot at the tha amazing things about livestock business is 13 that all sales 0 at meat animals ar are on a cash basis this practice has hag always held good on the great central markets where cash must be paid tor for all livestock sold within a few ew hours after the animals have crossed the scales thus through the system built up at the great public p ab stock yards over the country the nations several billion dollar livestock income means that actual cash is 1 going into trade channels each day in the year |