New-York tribune., 1886-05-23
CHFAP BEEF.
COVFrICTIvG OPINIONS As To pR'Cr

Conflicting OPINIONS As TO PRICES
The cheap beef question is one that affects the
people Of New York city and more every The
presence here during the week OF large number of cattle
raises who were interested IN the bidding Tor govern
contracts for the supply Of the Indians,
opportunity gather opinions 30 the beef industry
They varied ana conflicting. but will give tho
public basis for the 'orT alton OF opinion. Colonel
Hunter, Of st Louis. who al the heal OF the cattle
convention of and T. Il. BOs.er. OF Pennsy ylvania
unc in expressing the opinion 70 mo that beef VIII be
higher this than last and that the low prices at
the lettings standard OF general market rates
Colonel Hunter supported his opinion by saying: can
rcmomber whcr the Government got is beei for the
Indian Territory at - Gs a hundred. along in $50
'7Gyet got and 6 FOR good hoo In Chicago
There vii be u limit the supply th- year have mad
agents all through Texas FOR fortui.htPast. They
driven on Of tncrc to Ei -, last year The Whole west
pat of The state, stret hing down "a tho RIO Grande
nver Las hrc without sl- ram ANA thoie l. not eIaS"
enough To faten the cattle The price cattle il low
resu'r boom next year the oorcs' beef That goes
10 tie Government at these LETTINGS ana re 9ee' for
equally emphatic III predl 'tlng boom next year
Russell b. Harrison, son OF Senator Harrison Of
Indiana, wln Is ea,ed in the cattle business IN
Montana aud idaho. said to The bids
must be 1ut IN long before The market
price OF the year has been determined do not regard
the prices OF the lettings as I'm ication Of tie market
foT the year. think there will DE pretty far prices
and that OF these people who got contracts will
Mr. Denman oi Coloral lo who is cisnty interested
in cattle raising to watch it closely but not cmough TO
bias his Judgment. SAID to The lettings by the Gov
erument shown that the tendency OF the price
range cattle is downward II has jown 20 per
month and 90 per cent in three years. Yon
something o. TIC depreciation % the lat year by
parson Of prices. The lowest hiI Of year ago he
10000 1000 pounds Of beef IcqUI ed for the Indian Ter
utOy - Il per hundred This year It was y 81.
Those figures ilastr ate the d IeciaOn OF value better
than hnyth ~ that can bc SAID. The proportion
holds good in the Sioux country. The conditions Cf cattle
raising have beenapity changing all through the great
stretch OF country from tie British Columbia
the Cult OF Mexico. Formerly out OF every bundled
head Of cattle fed the IS per cOu he
tened the OF the plains Now not 80 per
cent be 50 ittienel Tie change has been climatic.
The extension of railroads. the settlement OF the
country, various causes that possibly DO not
fully understand have biOu.ht RAIN IN the fa and
winter aud not In the spring most of this country.
When the rainfall l. in the sWlng II makes the
crop icfec When the rainfall i, in the fl rDts the
and there not enough good FOR the cattle
The poorer quality OF the beef j. for the
dency OF the price Of beef dDwnwarl II up. hut
think that with Colonel lnnter and some Orhrr
guinc gentlemen the wish Is father % the thought"