The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-09-21

1t is favorite theme of the east tc
dilate on the lack of business qualiica.
ton Of the west, especially OF that por-
ton where the silver or bimetallic idea
prevails. There is no city in the country
where the true western system of doing
business is adapted TO a greater extent
than Kansas City. In the midst of a peo-
pie who favor bimetaiiism. drawing its
commerce from what the east terms the
wild, woolly and anarchstic west.
Kansas City has become one of the great
est live stock markets in the world, and
has the largest live stock exchange, the
largest packing houses, and the biggest
ice machine ever manufactured.
There daily receipts of cattle, hogs and
sheep and live daily sales have passed
the Chicago limit, with a system OF yards
and accommodation TO be found nowhere
else. There is found a corps of business
men who 90 business IN western style.
Kid gloves are wanting, but there is gen
tllity and honesty THAI alone places even
the rustic at case, and makes him feel
that If his stock merits it, top-notch-
prices are at his command.
The predicted financial epidemic, the
threat Of panic, so much talked OF by the
eastern goldbugs, have had no effect on
the stock market. Prices have been good
on cattle, steady on sheep and hogs. The
defeat OF the eastern political party Will
not destroy appetites, and that The stock
business would Immediately adjust Itself
10 any changed financial policy there is
no question.
The confidence seems to rest in the
hands of The farmer entirely, and he finds
but little trouble in securing cattle TO eat
his corn, II his former record has been
good. This is a condition all would like
TO see fosrered and nursed, till once
more life and happiness would reign on
Ia FaF md ne oHf Xvi r1er
price for his product and start the wheels
OF prosperity at once.
The movement of feeders the past week
has been the largest ever known, and
the demand continues equal to the supply.
AT Kansas City the number of cars sent
10 the country averaged lib day, max
ing total OF 67S cars for the week. The
situation does not look as though money
was scarce or that lenders were in any
way alarmed at the political outlook. The
top price for beef this week one year ago,
was $3.50; same day this year, $3.50, only
difference OF % cents. When the de-
prsclated condition Of every other COM
modify is taken into consideration, this
is a good showing.
Cattle receipts at the four leading mar
Eets the past fifteen days were: Kansas
City, 120,3O9; Chicago, 126,500; Omaha, 49,,
800; st. Louis, 50, 100 Total, 330,S00. Head
exports Of cattle from the United States
Tor the month OF August were 3,0Ss,
against ,ll2 in August, 1895. The total
valuation this year was 81, 300, SSS. against
S2,GA,lS7 in 1895. Shipments OF feeders
from the three markets last week were
as follows. by cars: Chicago, 1913; Omaha
226. Total 419. Kansas City, 6S2. Grand
total, 1,l0L Kansas City had 26S more
cars than the other two combined.
During the first fifteen days in Septem-
Der, the receipts at Kansas City were:
Cattle. Hogs. Sheep
1896 ...--..-..-..... lz0,SO .SeOo 800
1870 -.--....-.....-. uoe0 4e,oU0 "a foo
1884 ....... 76,700 1850 q, 800
A total Of 225. 900 hogs has been handled
by western packers the last week, COM
pared with 225.0O0 the preceding week,
and 10000 for the corresponding time
last year. From March l the total is =
5S0000 against 6,225, 900 a year ago. The
increase for the week is 5000, and for
the season 1855, 900, compared with last
year. The quality OF current markehngs
Is irregular, the large proportion being
quite satisfactory. Prices at the close
average about the same as week ago.
II is interesting to observe the import
ant reduction in the stock of meats at
the large western centers on September
! in comparison with August l, as indi-
Gated in the following, representing
Sept I, Aug. /, sept,1,
1896. 1896. 1885
Chicago .....-112, $4,000 1A.555,0O0 9i,09L01O
Kansas City. &c, S6S 900 -, 1850 26,95I,0OO
Omaha 800. 27.76S. 600 S4,SO9,e00 l4,455,0GO
Total .1s7, 7s9 900 DBL 639, 600 1S2 500 600
This exhibit makes it appear that re-
duction of a. e0o,000 pounds has occurred
during the month and that the remaining
stocks were but 49, 000.00O pounds in excess
OF the supply Of a year ago, When prices
were more than cents per pound higher
Such All Illustration of the healthy con-
dition Of the distributlve trade would pe
calculated to give positive strength to the
market but for influences which interfere
with speculative operations. The week S
export clearances of product were nota-
blv large of both meats and lard.
The following shows the lowest, nlgh-
est and closing prices of leading articles
at Chicago for the week, for deliveries
indicated. with also the Closing a week
ago and q year ago:
Oct. pork Oct. lard Oct. sides.
Lowest 1850. $5.50 $S.z0 $S.i9
Highest ...-... 5.77ia 3.571s S.25
Closing. 1850. 5.1I42 S.50 S 359,
Week ago. SO $40 9.2l12
Year ago. -. $50 $50 5.S71A
The weeks export clearances of hog
product compare with corresponding time
last year as follows:
Past week. Last year
Pork. Pounds ... III 900 1,14S,090
Bacon, pounds ......-13, $50 600 S,SSZ, 00o
Total meats ........14,7010ee l0,6s0,oW
Lard. pounds .......l2, So, egy 5e'265'o yo9
Special reports show the number of hogs
hacked since March / at aforementioned
places, compared with last year, as fol-
lows:
March 1 to September s. 1896. 1895.
Chicago .........273 100000 1000
Kansas CITY ...............1, 10z 900 $4,000
omaha ..... 6e4 900 400 900
St. Louis .....-.-..----... 54o,U0V ooo'Vv
Indianapolis .-......-.-.- $4,000 29z,o9J
CSncinnati. .............. 277,000 227, 900
Milwaukee, Wis .-........- lot. 6OO $1,000
Cudahy, Wis ..........-.... lI6,lN E4,OOO
Cedar Rapids .....-..-....- 1bl, sOV lea, IVY
Ottumwa. Iowa ...........- Wz,1N l4o,UVJ
St. Joseph, Mo. ..-......... $1,000 1880
G. PAM MINI ........... 14000 151,00O
cleveland. O. .............. 2e2,000 10000
I .o1,;syilie. XIV .............. 10000 $1,000
THE RUN OF SHEEP.
The following weekly report sent out by
4be SieaeI-Sanders Live Stock Commits
SION company, of Kansas City, shows up
narticularlv well in favor of the latter
.eafket. when the difference in distance
and quality is considered. The letter
ouoted is made up from the official re-
flJrns al both points and stock growers
will find it of interest
TJndei a heavy week of sheep receipts
our market has been irregular and still
q better market than we were able to
ouote YOU last. The preceding week was
sfeadily lower throughout, while the week
inst ended at times was higher and the
onlv- market that advanced. 1t was steady
with Chicago some days and others
nigher. on Wednesday Chicago reported
her opening market 10 cents lower Our
market continued steady all that day
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