St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-02-05
Progress of the Industry That
Has Built Up South st.
Paul.
Immense Business Done in a
Year Dull in That
Line.
Minnesota Meat Products and
Their Use in the
Country.
Improvement in Collections,
and Money Moving More
Freely.

One Of the most important business
enterprises of this section is the st. Paul
Union stockyardS, which were located a
few years ago at South st. Paul. Sew
eral industries connected with the live
stock business have followed its growth.
and the products of the. Stockyards dis
trct aggregate $l0000,000 per annum.
The employment of fully 1000 men in
those industries is some evidence of the
probable benefits to be derived from the
opening of extensive new concerns like
the cordage works and the harvester
works.
While the local demands for beef cat
tie show a continual increase, good
deal of dressed beef is still shipped in
from the South, especially in the winter
time. During 1892 the Minnesota Pack
ing and Provision company slaughtered
1850 head of beeves, 143, 500 hogs and
14,f00 sheep. Its output amounted to
$1,000, 900, an increase of 100000 over
that of the previous year. John j.
O'Leary & Sons did business OF
81, 10000 during 1892 in hog products
alone. A much larger business would
have been done by these concerns. but
for the short supply of hogS-thS short
age amounted to Al per cent at the prin-
cipal packing points, and has beet the
leading factor i'll raising the price of
May pork to $50 per barrel. 1t closed at
Sl9.6215 yesterday. At South st. Paul
there were received during 1892 the fol-
lowing live stock: S0.296 head of cat
tie, 1902 calves, 237,970 hogs, 97,075
sheep and 2,0SS horses. Total valua-
ton, S6,500,000.
The Packing Business.
The business of such an establishment
does not depend entirely upon the de
mands for Strengthening. There is
class of buyers who take habitat cattle
from here to Southern Minnesota. Iowa
and even as far south as Kansas and
Nebraska, and have them fed for the
shambles. During the past week E. B.
Mckim. of Morrill,, Kan, was among
those who were on the market her for
such cattle. He was accompanied by F.
}. BOberts, assistant cashier of the
Farmers Bank of Morrill,. Kan. Mir.
McHim said, yesterday, that the Mime
sofa cattle do very well on feed in the
Southwest. Feeding is also carried on
here by various parties. The ST. Paul
Distilling company have $500 head of
cattle In their barns at present. Its
products amounted to S3.S0S,976 in 1872,
an Increase Of q per cent over '9l. The
st. Paul concern has succeeded in secur
ing the largest yield, from the amount
of grain used, among the leading dis
tilleries of the country.
Minnesota cattle benefit by shipment
to the South, just as the Texas steers
improve by being driven over the trails
to Wyoming and Montana. The change
of climate is of value. The Southern
men who feed cattle are experts in that
department. They succeed III Finish
ing" the work so that the animals are
just ripe" for market. Excellent work
has been done in fattening cattle in
Minnesota. II. c. King, MeaelIa; n.
2. Clark. of Mortified; the Cosgrove
Live Stock company, LIE Sueur; II. f.
Brown, of Minneapolis, and many
others have fattened so successfully
that the beeyeS were firSt-clasS and fit
for any market.
The Banking Situation.
Exchange became much more plenti-
full during the week, aud closed at par,
between banks. Oh New York and Chi
cago. Money is bringing good rates
under good demand, but the needs of
business are being supplied readily.
There has been slight Improvement in
collections, and general business is fair
in the wholesale trade. The manu-
facturers are busy. The cold weather
retarded traffic and mails somewhat, but
the general outlook continues good.
The lumbermen rejoice over plenty of
snow. which makes the logging good
and greater than ever before. There is
also assured plenty of water next spring
for the purpose of floating logs.