Show MAY JUMP IN CHICAGO I 1 BEEF TRUST MAKING MEAT inspection LAW ODIOUS packing houses houses refuse to stand loss on condemned meats and place the loss on others chicago may alay 27 meat prices in chicago may jump skyward this week unless the beef trust recedes flom its recently announced intention to delay payment on certain of its livestock purchases until they have passed the government post mortem examination the packers notified the commission I 1 firm that beginning today they no longer would stand the loss on oil condemned cattle in order to protect themselves they had found it feces sary to payment on cow stuff until it has passed the government inspectors during the latter part of last week thousands of letters and telegrams were sent out by the commission to their customers notifying them of the action that had been taken by the packers and advising them to withhold all shipments of cattle to the big markets controlled by the trust until the difficulty Is adjusted this is expected to cut the meat supply tremendously before the week is over and prices are expected to go up correspond despondingly responding in gly ly commission men declare it Is the intention of the packers to enforce the rule with regard to c cow 0 v stu stun now in the hope that simil similar r action ti on may be taken with reference to their purchases of sheep and hogs cow stuff Is ja a minor adinor item in packing house business and commission men say it is for this reason that the I 1 packers selected it as the objective of their now ruling less than 2 per cent of this class of purchases Is condemned as unfit by the government I 1 inspectors and the loss on 1 it at alone would not mean much to the shippers and producers the commission men contend though that if the packers are allowed to refuse payment on this class of livestock they will extend tho the ruling later to all their purchases and this oils commission men declare practically would drive most of them out of business and make the cattle raising business an extremely unprofitable one some of the leading commission firms and nd shippers havo have communicated with the secretary of agriculture at washington regard to the action on the part of the packers and it is said assurances have been given that any attempt to delay payments on livestock as threatened by the packers would result in the withdrawal of the inspection service |