The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-07-21
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rTHE receipts of cattle have fallen Off in III,
last week, and butchers are only enabled TO Sc
cure what are required for home consumption
ana the demands from the towns and country
surrounding. Mutton sheep are offered freely
whlie veal calves and spring lambs are coming
IN slowly. Hogs are plentiful for all require
mehts Prices of cattle are very firm, aud fat
smooth beeves will. no doubt bring a Fraction
over puotauons, There is good demand fo
horses, mules and ponies
TODAY QUOTATIONS.
BEEF CATTLE-Corn-fed none
B4RREN cows-Fat 2kS2a4 cents
SHlPPiNG-3@.34 cents
STcCK-per head, sg@slS
Mich cows-With calves, e25Gsi0
SPRlNGERS-Per head, Sl0&s3O
,hoSsSI,Sorn-ted, 595h cents; timber fat 3G4
., s sas, S@sX cents; stock, per head
HoRsEs.Extra fine per span, s3Oc@s5OG fancy
harness, Sl50@S20O; livery harness, S75@Sl75
farm, s5O@sl25; ponies, el5ds30
m uLEs0Extra heavy sl25@s2o0; medium 500
$50 small s30M5u.
The commissioner of agriculture, In his las
report Just published, gives some interesting in.
formation regarding the advance in the price OF
OeeVes. de says that comparison of Chicago
prices OF DeeNes of different grades for six years
past SHOWS constant decline from 1876 to 1875
amounting to 20 per cent, for choice beeveS dur
ing thls period. Then commenced q rise which
III three years exceeded per cent, the advance
moving slowly in 1879 and 1880, but much more
rapidly during ISL the increase being fully 81
per hundred of live weight during the year.
But since the LIST of January the advance has
been unprecedented, the range being from
soS5 10 S6'S5 in January, 1882, and from SS,65 10
sayo IN June, or more than 20 per cent. advance
upon the prices OF six months ago.
In butchers stock the range has been from
$40 10 "A % in January and from $3.50 TO Sc in
June, The latter rates being reduction on May
ptces.
THE CAUSE OF THIS GREAT ADVANCE
Whlch has occasioned some surprise among pro.
ducerS and great CONSERVATION among consum.
ers, mas been often asked of late. There are
several, The expectation of extra beeves,
when commenced in 1877 and increased year by
year both us live and dead meat is an element
put does not account for the spasmodic jumps
III the rates of recent months Another element
vi equal or superior strength Is the great DIES.
lrucuOn OF cattle on the plains and In the parks
anu salleyS OF the Rocky mountains in the win.
yer oi lSSO.Sl by cold and starvation amid the
urltts aud seventies Of the unusual season
W ME this cause tended to stillen prices in ISL
II Is not continuously operative, as the past win
Ter was very favorable, and numbers are now in.
creaslhg rather than diminishing. The third
cause acting in conjunction with the two pre-
Ceulhg, with cumulative effect Is the failure OF
the lnst corn crop, the high price of feeding ma.
terlal-alt0gcther producing an eXctcmentint the
market mat partokes Of the nature of a panic
such Us exists in all markets o-day and threat
ems another era of loss of confidence. boarding
ana stagnation. There are assumed causes as.
signed by uniformed writer's which are base.
less or without appreciate weight, such as the
recent drowning of cattle in the Mississippi
II is true there was some local loss in numbers
but not in prospective beef supply of the grea
markets. or appreciably in home supply as beel
Is scarcely product of cotton plantations
WHAT OF THE FUTURE OF PRICES? .r.N-
~ Is clear that season of abundant crops
and especially good corn crop, would cause an
immediate decline. If another short crop Is
ready the effect is seen in reduced CONSUMPTION
lending to an increase of supply and reduction
OF rates. While the prices cannot continue t
increase, and cannot be permanently main
tanned under full harvests, it is probable tina
lhe low rates OF a few years ago will not sOor
prevail, If ever The general tendency through
out the world Is toward high rate for mea
compared with grain and other annual pro