Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1883-03-25
The High Price Of Texas Cattle.

There continues II lack of enthusi-
asm and excitement In the Texas cat
tie trade, and there Is general feeling
among Western buyers that cattle In
Texas have reached such n point as to
make their handling risky. The Fort
Worth LIVE STOCK JOURNAL, how
ever. persists in sbullingn themnrket,
and last week had this to say:
Since the stock meeting az Austin and The
wind up of most all the spring trades Go the
satisfaction OF all parties. we would like 20
ask the Price Current ita own question,
ioNas cattle, are they hsghsh
Yes, sVe are still of the opinion that
obttlsa are high, and if we mistake not
The signs OF the times, there will
he drDsefa this year, bpture tile
season - over who win realize
tins cattle were lao high Ia reXas dur.
Ing die 8tpter s,tusa as q s.eslfflp
calves iu leNna II $lA m Hs high or
higher than native calves ai many
sections Of the West and they are not
worth bali The money Take the spec
piNion out 81 themarket that hAs buen
worked up the past two wears and
Texas YeNfliugs would not bring moro
than s. 10 slN aud beeunside,rd 4 good
sale u this II we mistake not Tho
tempefof thu men in this sfction many
native calves viii 20, on the range this
season 81 tho place nt Texas Wv knew
of Western raitphnlaR who Within
the past few weeks has bought nH
yearlings In Missouri lor $40 te sit.
We are always glad to hear ol ranrl,,
men making money and have no dc.
sire to bear the market, nor do va
wish to lead buyers astray. That
| prices are high ms quoted now In Texas
! Is easily demonstrated. We will TAXI
| a yearling at Sli and drive him wesl
and by the time he gets 10 his destlna-
ton he will have cost SIS, now ado
| 81 40 for Interest on the money In
vested and 81 for his keeping on,
year, say Eve per cent. for
losses, IS cents per head, making
his cost nj two years old on the rang,
! Sls.l5 and Mt three years old he vii
! have cost Slid on the range under FL
| vorable circumstances. Now his freigh
TO market aud expenses ofselling, yard
age and feed, may he safely put Il
500, making his cost In market S2s, 30
/ II he weighs 900 pounds on the marke
which, is a good weight, and sell u
81. 80 per cwt., which IL good prize
for average Texas, he viii rciiia
S81 80 or profit Of only $500, afte
waiting two years and under the mos
favorable circumstances. Theriseyer,
prospect OF lower beef market Thu
year than last and with good crops o
grass and corn, still lower values may
be looked for in 1884 Everything ha'
stimulated the raising and fattenint
of cattle the past two years and the re
ceipts upon the leading markets Thu
summer and fall promise 10 surpas
anything the trade has ever seen. TIL
entire West Is rapidly increasing II
number Of cnttle and Texas no Longer
controls the supply of 'sLongliorns.
Ifcattlc are not high, why Is IL tia
nearly every other ranch In the Yves
IL for sale? Cattle are high and unles
/ the beef market holds up the cominl
drive will not be so successful az las
year. The profit In the future must b
! In the raising Of the calves and TIL
drive gradually decline, az Western
ranchmen are steadily increasing thei
crop Of calves and will not care 70 pa.
the asked for prices for cattle In Texa
for driving purposes Kansas c1t
Price Current.