Albuquerque daily citizen. [volume] (Albuquerque, N.M.) 1895-1903, 1900-08-08
A TRUE PREDICTION.
Increased Demand and Rise Il
Prices Of Cattle.
REASONS FOR the DEMAND.

In the annual report Of the cattle san
itsry board Of New Mexico. made early
In the year by the boards energetic
secretary ]. A. JaRue. to Governor
otero, a prediction was made by Secre-
tary DaRue, based on existing condi-
lions, that there would be an increased
demand for cattle and correspondingly
higher prices. Mr.. LaRue said at that
time:
Early in the year the effects OF the
terrible strain range cattle had endured
through the winter left them too low In
hesh to be attractive to buyers, AMI a
wido difference between the offers they
made and the prices asked by their
owners could not be reconclled, 30 very
little trading was then done. but the
outcome proved that the producers
were right, as they sold later In the
season at very nearly. u not quite. lou
Bile h prices offered them earlier In
the year, and h demand continued
strong until October. when the Trans
vaal trouble was about to reach a crl-
sic. and the over speculation in stocks,
foetered by the general prosperity,
caused a disturbance to that touch
stone OF the worlds affairs, "the money
market" and Notwithstanding the i'm
mense corn crop and the abundance of
all kinds of feed in the corn belt. the
demand for cattle to consume Il at once
Eel: on almost altogether. but the very
condition that brought about this state
OF affairs must, in the near future, give
rise to a much stronger demand for cat
tI1 NkAa 49, AsHA0 49,. .A.. - IA -
a fact that the worlds supply OF timed
meats. h have now become indispen-
sable, not only for the subsistence of
the armies in the field, but also to a
very large proportion of the civilized
worlds inhabitants, has become very
much depleted. in evidence Of which
tue price OF aimed corn beef has been
advanced two cents per pound, this in
connection with the well-known and
row admitted shortage of cattle must
have Its effects, therefore the outlook
for the producers OF cattle for the
worlds needs seems bright for the im-
mediate future"
That prediction has been verified.
Only the other day the Kansas City
Dfovers' Telegram said:
"A conversation with a packing house
man this morning brought out the fact
that all of the packers who are inter-
ested In n way In the foreign trade
In canned meats have exhausted their
supplies through the heavy require
ments Of various wars. IL IL said that
the biggest beef house In Kansas City
had to decline orders last week for
canned beef OF various kinds. Another
house that was asked to furnish meats
for one OF the big armies was unable to
do so. so nearly wal It's stock depleted,
and II was unable 10 procure from any
other packer the amount necessary to
MI the order. Information comes from
Chicago that the same condition exists
In that city. IL has developed that
prices on corned n cas- beef have
advanced from s1.2b to $3.50 per dozen
foe one pound cans. This is said to be
the largest advance ever made by pack
ers at n jump. Practically all OF the
foreign government that are In any
way interested In the various wars now
In progress are In the market for the
product OF our packers. One of the big
packers, In speaking of the advance.
remarked that II the demand for corned
and a beef increases during the
next VIC or three weeks. as Vt has re-
Gently. some sensational prices Will be
paid.
o course. he cattleman Is wide
awake enough TO see what this demand
rortends for future prices"
Secretary La Rue is doing great and
good work with h cattle sanitary
board. for the stock interests of New
Mexico. and can be relied upon to be
posted thoroughly upon everything that
relates to the cattle industry. especially
in New Mexico.