, 1874-11-29
LIVE STOCK.
Statistics OF Great Chicago In
tereSt.
Growth and Management Of the
Union Stock
Firms and Railroads immediately
Connected Therewith.

Capitals say Bonamy Price, in Ills lecture or
| hnauclal crises, and what constitutes capital, il
| the industrial life OF man; the division Of en-
ployment. the producer OF raw material, the
| manufacturer Of all articles, goods. and COM
modlt'es, OF whatsoever description, entering
into those materials which go to make up the grand
whole, demanding an equivalent in exchange for
other goods, or their representatives OF value,
the circulating medium Of nation. The trad
ers and other agencies that are engaged in
putting all this merchandise in it's proper place,
at the mill or at tho door of the consumer, sus-
tain the relative position agents Of capital. To
this portion of capital belong the railways, Canals
steamships, dc. Then again, the relations Of
the growers Of cotton, wool, and grain, as also
tae producers OF cattle, hogs, sheep, horses,
ETC., hold no less m important position as re-
CARDS the canital Of this country. And it is Of
tho latteE-the livestock interest of the West
OF Which we are about to write, with view Of
placing it before the public, in MI Of it's phases
OF commercial and financial Importance, and
moro especially that particular interest involved
in the handling and shipping OF live stock at
and from this point. That its wonderful mag
nltude may be fully recognized, We will
turn the ieavee OF tho history Ut Chicago,
back to the year 1926. when it was scarcely
moro than fen or bog, aua it's commercial
importance was so embryotic. that it wes scarce-
ly worth name, and when its transactions Of +
business character Wero confined to few traders
III furs. But III this memorable year. tho then
little village Of Chicago received its first through
shipment OF cattle, BY William Hamilton, ESQ.
In 1896, Gurdon S. Hubbard brought the first
drove OF hogs into the city. In those early dars
no "puts or 'calls" distu1 bed tho tranquil
grain markets; no "bulls " or "bears " pro-
voked fluctuations, in the then undeveloped live
stock market. and no eager reporter lnqui,o cd
after tho state of trade, or burdened tie readers
OF Chicago prints at that day with long tat.cs Of
figures and other dry statistics, showing sucn
commercial transactions as receipts Shipments
aud sa1ed
For the next seven or eight years nothing
worthy of special mention occurred In this
branch Of commerce. 1n 1892 however, an item
OF importance was con tribu:ed to the annals Of
tho c!ty. and this enterprise was due, il memory
which cannot DO we'll estimated at the present
da:e. "a it is so large. 1t is nothing less than
the packing interest. But, as very common
growth raA developed during the few succeeding
,ea,s, We will pass over the Intervening space.
between 1881 aud 1886, in eilenco, in order to
saye both time and spac3. In 1867, l1owo7er,
q great impetus was given to tho livestock
many other branches Of commerce. expanded
with rapidly that challenges parallel in this
or any other co1ntry.-an Increase from which
no can see, az it we4e. the insigplfcauce of yes-
terday entirely obliterated in the immensity Of
to-day. In order that the magnitude Of this !
medium OF capital maT receive adequate public |
attention, We present the following comparative !
which show the receipts and shipments OF beef |
cattfn.