The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1883-02-10
LIVE STOCK.


Notwithstanding the fact that ranch prop
erty has doubled in value during the past tw'
years, says the Kansas City Live Stock lndica
| tor. the demand has continued to grow, AM
| far-seeing capitalists are anxious To invest wher
ever there Is any show 10 obtain ranch propert!
| at anything like reasonable figures. In c0nse
quence of this demand however, not a few hold
ers have advanced their property away out o
reach, and rot little injury has been done the
business by this course. Legitimate advance!
are well enough, but when holders add on Il
| their prices from 10 to - Per cent. after ths
probable purchaser has taken the pains 10 look
over the property, Is neither fair hor adyanta
geous to the ranch interest. There are plenty
OF eastern capitalists ready TO put their money
into cattle on the plains even at The high prices
| now ruling. and the Indicator Is in receipt o.
numerous letters asking Information as to new
companies forming for the purpose of engaging
IN the ranch business, and all regard the Ees,-
ern cattle trade as likely to return gooj p.r.
| centage on the capital invested"
There is much speculation and talk jus, now
ABOUT the range cattle market the coming sum
ner. The contracting season III Texas rs now
az hahd, AID droyers are nervous and anxious
70 Know what they may expect upon the open
market In the west the coming season, Tho
KANSAS City Price Current contains the following
on TN. subject The position OF the trade is en-
hrely different this from last year. The specu--
latve excitement that was so conspicuous last
winter and the very life Of the trade is now alb
sent Then everyone preached and believed in
tent of the advance. There was everything to
make strong and high beef market scarcity
anu high.priced corn, and a limited supply OF
tOughness, and Its value advanced more than
ior years. Prices OF all beef animals were car
fled higher than ever before known in this mar
KeL which, with the speculative excitement In
rsnch property, lent strong tone to the entire
trade ana enabled Texas droyeis To advance
prices and hold values tirm. Yet even under
these most favorable circumstances prices were
only carried last summer tn t3 to q for yearllng
steers here In the vests aud 2yearods TO sl6 ,os l7
,tASs raisers are asking these prices at home
mis- season, ana drovers want an advance of e.
per head delivered In the west which would
put them ut Dodge and other points at SIS to SIS
for yenrlings and SIS TO slg for two-year.olds.
MN the western trade pay this advance2 is the
question The outlook OF the market Is much
less favorable than last year. Many more cattle
are being FED this season and much more liber-
airy than last, the abundance and cheRpness of
roughness and corn only half the price 1t was
u, ,ha iss4, an tending to encourage and stimulate
STOCK OF beef. This applies TO no particular sec.
tolh but Is general. ana may be said TO be true
OF tne entire country from the Atlantic TO the
facliic ccean. Never before did the United
fNs, raise SO much corn hay, and wheat as
iast " "; ara the crops of all kinds We're more
universally good than for many day. With an
abundance OF provender of all kinds and the
hlSh prices OF all meat-producing animals, there
was everything to stimulate the raising, careful
n,
lehce, We look for an unusual crop OF both cat.
ue ana hogs during 1888, If with great short.
age OF all kinds OF provcnder and very high
prices the number Of cattle marketed In the
C Shtee great markets of tho west last year
Chicago. Kansas City. and ST. Louis-reached
ah increase OF l7S.C00, what may we expect this
season, with everything favorable to feeding
anu iattening stock? But 1t Is urged by Texas
men lha' The Lone STAR state has not the sur
g I'M i"'sW sne used to have, and that the drive
VIII he much lighter than last season. Admit
ting this, still the increase In the west will of.
SET any shortage In the supply from that section
Texas no longer holds the power In the grass
cattle market that she used TO, and Is losing In
naence every year. The number OF cattle on
me western ranges are increasing constantly
ana rapidly Kansas and Colorado are gaining
steadily in their number of cattle, and New
Mexico has increased her holdings In marked
degree the past year. Even Arizona, hitherto
umhhowh 70 me cattle world, now boasts of a
humber Oh herds aud some large ones. We
KNOW OF ono ranch with lI0O0 The northwest
mas gained even more wonderfully than the
west Ihe increase In the receipts Of cattle
from that section upon the Chicago market last
year was over 1000 and may DO expected to be
much larger the coming season. feef cattle
are already lower than a year ago, and may be
expected TO further decline. We are not famil.
lar WIN the percentages that western cattle
men make and think necessary to have. but we
40 know that the beef market of the country
VIII not support an advance the coming season
Hence. any advance In range cattle th!s season
must be had at tho cost o. percentages.
TODAY 8 QUOTATIONS..
BEEF CATTLS-Butphers stock, grass fed, So;
CON fed, 3.
BARREN Cows.-Fat 3ASsSh cents,
bHIPPING-i@4k cents.
sTcCK-Per head, cl2Qps2l
Mich oows-With calves, S2SCaat0.
Hoes-Con-fed, &c, gross; timber fat, 3;
stock. S@DSs.
saaEr--Mutton. 3hG,4 cents, stock, per mead;
s20O@5s2 so.
HoRsBs-Extra fine, per span, sSO0&s6OG fancy
harness, sl504sJ6 livery harness, e75@Sl76
farm, Sb09Sl25 p0ntea $l5@s30
MULEs--Ex.ra hoavY sl25GSs3N0; medium s5oGs
:lO0 mail aSO@60