Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1889-02-03

than in bale of cotton, aud it don
take half the work to make it. We are
glad to see this fact being realized and
acted on by our people Granbury
News
Said a Tarrant county feeder yester-
day: q notice some of these North
Texas cattlemen are kicking because
their cattle are not taking on fat this
winter like they ought. Now 1 viii gam
bic that these fellows are not feeding a
bite to their stOck-just allowing them to
pull through on what they can Craze,
and they can be expected to get fat
that way Even in the best previous
winter season if cattle did not die they
were said to have done well; but this
winter they are holding their own, and
now there is Il kick because they are not
making beef. -
An account of the recently reported
meeting of stockmen AT Kansas City with
the object of forming commission saw
ing combine is thus given by the Journal
of the 3Ist
4 large number of stOckmen were reg
istered at the Midland yesterday. They
hailed from various grazing districts of
the West and Southwest, and during the
afternoon many conferences were held in
the rOtunda, i'll which groups of five and
six participated. Milton Bennett and +
NJ. Blair of the Cherokee Strip live stock
association, Isaac Prior and $ Lazarus ,,
two of the leading cattle dealers of Texas,
Major a. O. Drumm OF this city were
among the number present.
An investigation developed the fact
~,
RADIO, New Mexico, Kansas, Texas and
Indian Territory are preparing to unite
i'll the organization of Il gigantic commits
sion company. The move is for the pur-
pose of cutting off the expenses incurred
through commission merchants. No ac-
ton has been taken yet as those already
on the ground are waiting for the other
dealers 10 put i'll their appearance
\ meeting will be held to-day, when
the company will be organized. 1t VIII
be capitalized at $50 900 and only por-
ton of the stock issued. The remainder
Will be held as an mducemept for those
who do not join the movement at the
start. Headquarters will be established
ut Kansas City, where the business will
be carried on. Branches will also be es-
tablished at Omaha, Chicago, New York
and st. Louis.
A number of the cattlemen are not anx-
ious to join the movement, as they en-
terrain doubts as TO its practicability
The general feeling, however among the
dealers is that i'll this way expenses can
be curtailed i'll Il material and satisfactO-
ry manner. They have supreme conf
dence i'll the success of the scheme, and
look upon it as only q question of a short
time before every man who has cat
tie to ship will be clamoring for admis-
sion.
The establishment of the headquarters
at Kansas City will do much toward in
cTeasing the Importance of this point as
a cattle market. This combination will
have control of the greater portion of the
range cattle tributary to Kansas City,
and naturally will seek TO market here.
One of the active workers in this move
said last evening to a Journal represen-
tative: '"This is not combination or
trust to injure the interests of any class
or corporation. The fact is, the cattle
business is very poor, and the dealers
found it necessary TO take some action to
reduce expenses. BY forming this COM
pany we think we can accomplish the
desired object IT. will be capitalized and
run the same as bank, and if there are
any profits they will be distributed by
dividends. a few Of us had to take the
lead in the matter, but it will not be long
before the rest will follow. We meet to-
morrow to form an organization and
elect officers. 1t will be a big thing for
Kansas City and paying investment for
the dealers.
The Times OF February l +, gives the Sc
quel of the affair:
The rotunda of the Midland was full of
cattlemen yesterday discussing the pro-
posed cooperative commission house in
this city. Among the more prominent
were Maj. Jim Ellison of Ennis, Tex,
c. w. Ward, j. W. Gibson, Sam Laza-
rus, NJ. A WorthingtOn Isaac Pryor and
Sam Glasgow. No formal meeting was
held, but the gentlemen present quietly
canyasSed Che matter among themselves.
The original idea was TO form a stock
company with capital of about $50, =
000; owners of 10 900 head OF cattle and
to be entitled to membership
ana to take stock in such
amounts as they desired. Certain of
the promoters of the enterprise are in
favor OF pledgiug members 10 transact
their entire business at this point through
the proposed cooperative commission
house, but there is strong opposition to
that idea, and many of the big ranchmen
will be willing to pledge only certain
per cent OF their business to that house.
No definite conclusion was arrived at
last night. Mr.. Lazarus left on All even
ing train for Chicago, where he VIII en-
deavor 10 enlist other prominent stock
men in the enterprise Commission men
assert that such u scheme if put on foot.
would meet the same fate the grange