Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1878-05-17
STOCK YARDS.
\ Question OF Importance TO Toledo
As Illustrated by the Experience OF
Chicago.
fChlenao Tlmesl

(Chcogo Times) .N
Contesling the claim Of priority with
| the lumber and grain interests, We find
| lusty champion under the head of live
| stock. II it is not first now it will be some
day, and the magnitude to which il may
reach is now almost beyond conception.
| The supply Of timber Tor lumber, while
enormous, is nevertheless limited, and it
| is ba,eiy possible, that the cilting maxi
mum hns already btcn reached But with
! live stock it is iderent ."'''F
nthiS direction the development Of tho
country has only Just begun, and the ex.
tent to which it may he carried is almost
unlimited, The west is still ueN. Per-
hnps only fourth or smaller proportion
! OF the territory tributary to Chicago is at
the present under cultivation, and yet we
| have the enormous return of 5,093,825
head Of live stock slaughtered III this city,
| Filling 1874 ,9j3 cars, aud which, placed in
n single line, wnnld make train reaching
in air limo nll the way from Chicago to
| New York.
! The rcceipts OF live stock for one day ut
the Union Stock Yards have reached the
enormous figure of $4,000 head Tn trans-
port this vast aggregation called for 200
cars. And vet the capacity Of the yards
| was not exhausted.
It is curinus fact that Chicago is ow
daily IN receipt OF large consignmcnts Of
hogs from Ohio, to say nothing OF Michi-
gan and Indiana.
The large and increasing number Of
| cattle and hogs which are steadily drawn
to this point, have gathered to itas a com.
mon centre, large proportion OF all the
| important dealers in America, and leading
| firms in Europe support agencies here. 1t
| is here that nearly all the purchases nre
| made for supplying England, ireland,
/ Scotland and. when needs be, the continent.
4 Nearly all the choicest herds received Mt
| the Union Stock Yards during the past
year we're shipped to England by way Of
/ Canadian or American ports. .
| 1t is thus that one thing calls for or
| helps another. When certain growth
! has been achieved the rest follows hy tie
/ laws Of attraction. The moment any mar
| kct becomes established rs the leading one,
everything tends thithcrward. 1t is there
| the man goes who wants to buy and he is
met, very naturally, by the man who has
something to sell.
! The greatness Of Chicago ns livestock
mart dates from the time when the Union
Stock Yards were opened. To he sure, the
situation was not without its Indications
! pointing to this MS future mart, hut CHI
cago would never have become what it
now is, the leading livestock market Of
the world, but for the facilities now a.
forled
TO show the Importance OF the live stock
trade to Chicago from financial point OF
view, it mag be remarked hat during the
past year there were paid 10 western ship
peIs MS the first proceeds of their stock the
enormous sum OF 'Sl22,OO3,0Oo, not in
promises to pay, but cash on the nail, as
soon as the stock was delivered. Taking
the Live Stock Annual for 1877, we find
the following figures for the year;
Beef ,096, ,74j
Hogs. ,l9O,0OG
Sheep ...... ......................,.... 364, ,095
Ilorses .'''''.'. .''..'... ........... ,loS
Total. $50, ,0OJ