The Benton weekly record. [volume] (Benton, Mont.) 1880-1885, 1882-09-28
CATTLE MILLION AIRS.
EEOSE Indie pendent EortEaaaes EHave
Been Acquired faa a Single
< SelAGEBs
/ Boston herald. /

with tile present hlgh prices OF OGef ,anf
the cow literally jumping over the moon
western cattle men are reaping rich bar
vest, and many Of them will make aImoS
independent fortunes this summer. Th1
| rise has been SO rapid and transfers art
made SO easily, that large Transactions ar<
made every day in which the buyer does
not see q hoof Of his purchase, and very
| likely does not actually use more t 33tn one
half the purchase money in the trade be-
/ fore he has sold and made AL ENORMOUS
margin in the deal. A year ago a Laramie
/ Plains cattle man was offered a large UtaI,
/ herd anal ranch for $70 ,O00 which Offer
. was accepted at the moment, but later re-
I jected. Since that the Utah man sold $4a,-
| 900 worth of the herd, then sold the rancll
for IL, 800 afterwartl $4,000 more in the
/ bunch, and last week sold it for $145, 900
Tn other Wcrds, the Utah man is to-tlay
ahead over $110, 700 because his last years
| offer was not accepted.
Several years ago one Of the most prom
inent cattle men in Wyoming, who can TO-
day easily command III, 100000 for a cattle
trade without mpalring his business, came
to Boston to negotiate a loan with Massa-
chusetts capitalists, He met an old man
who knew more about cent. per cent: than
he did about Wyoming cattle, and began 70
talk business. lie said that he was max
ing large profits on his present invest
ments, and, therefore, he wanted to put
more capital into the business, very natur~
ally. to increase his income. Mr.. Money
bags asked what security would be given.
Il would secure the loan by mortgage on
my herd, sir
Where are your cattle: !:
some i'll Wyoming, some III Nebraska,
and some in Colorado
sHow much land have you under fence:>
None
sHoW much land DO you oWn:'
Not q foot.
Whose land does your stock Craze VI 1:
Government land
'How often do you see your cattie?
tOnce Il year
Don't you have = heIder with them
NO, sir.
swell. young man, would as soon loan
YOU money on the herring il Boston har-
bor.'
a CHEYENNE man who doesn't pretend
IL know 4 maverick from a manuamus,
Raa
has made neat little margin Of SIo,oo5,
this summer iii small transactions, atlti
hasn't seen COW yrt that he has hougtlE
and sold. Cheyenne Is wild over the ma1
ket. and Sixteenth street Is q young Nati
street. Millions are talked Of as llgAEIy n@
niekles, and all kinds Of people il all pro
.frssions are dabbling in steers. The ChI*4
Justice Of the Supreme Court has recently
succuinhed to the contagious excitement
and gone TO purchase ! $4,000 titrd-
EVERYWHERE the eNcittinenbls as batt. ~ g. s.
ever was III mining stocks IL tile old palin5
DAYS Of Colnstoyk. How long this thing
will continue is u matter OF pure specula-.
ton. Whether the laboring classes VI the
States will eat pofte1-honse steaks Vl1en.
they taste ike 1 Government bond, 81
anti all at once. and knock the bottom out
of the Chicago market, 40 man knows y
4 dead moral certainty
All honest man i the noblest work q
God. !, Nothing i said about AZ honest
woman. because she ism II such Al astouna-
;na variety - Burlington HaWkeve.