The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1900-08-07

for s12o TO sl55, the bulk Of the sales for
medium to good export chunks being
around sS5 to $1l5.
Speaking about the present strength IN
the cattle market, Colonel 2. II. Woods
Of Kansas City says:
The Improvement in cattle IS due TO
two causes. an increasing population on
the one hand Of beef eaters, and a de-
creasing meat supply Of cattle, hogs and
sheep on the other. There are 200 600
more beef eaters in the United States
today than there were Z vars ago, and
as these days are days Of prosperity the
per capita consumption is rapidly in
creasing. With this indisputable fact
staring us In the face, we find the num-
Der Of beef cattle in the country IS
smaller by 100000 than It was 2 years
ago. Population has increased 50 PER
cent; cattle are being marketed at le1s-
one year younger than formerly, which,
in itself, cuts down the supply consid-
erably
The first eject Of an increase In the
price Of beef Is TO cause consumers to
buy more pork and mutton, but these
meats, too, have greatly advanced. There
were 1900 more hogs in the Uni i
States in 1890 than on January !, 1853,
:
1888 than there are today. The average
price of beef cattle in 1889 was $50;
today it IS t27.5o
How ldng win the present era Of high
prices last? This is the paramount ques-
ton Of the hour. We must judge the
future by the past: study the past and
you viii find that herds and focks and
drovers' supplies increase very slowly
when meat finds a ready market. Pro
ducers ara tempted by immediate profit
to part with animals they wou other
wise have kept for breeding purposes.
Then. too. our export trade IS assuming
vast proportions. England alone last
year imported s20o, 600 90 worth OF meat
and $3.50 GO coo worth Of grain products.
United States furnished s. per cent Of
this supply Of the $4,000 live cattle i'm
ported by England IN 1899 the United
States furnished $4,000 head, fer which
she received nearly s25. oo0 900. and 10000
sheep, for which she received 100000
ct IS evident that the foreign demand
is not likely 10 diminish Ars We liable
TO run again into an over supply? The
present conditions 81 the cattle trade
have come about from the reason that
for a long time the cattle Industry was
not profitable. Z was then that the great
foreign and home cattle companies went
out OF business and those that stayed n
depleted their herds by selling off theft
young animals, spayirg the heifers which
under normal conditions would have
been kept for breeding purposes. Owing
70 these facts and many othsas that
might be stated Il Is safe II say that It
VIII require years 70 Increase the num-
bers by breeding VI 10 the point Of SUP
ply. SO, Consequently. 4 prolonged period
Of good prices IS assured.
L was shown that there IS q deer ase
in the numbers Il the three principal
neat animals. and now. with cur in6rs-
trial activity and consequent large mea.
consumption. Il tells the man who in
vests IN cattle that ne may expect good
returns.
America Is fast becoming wealthy
nation Why2 Because she sells more
than she buys. Germany buys annually
80. 90 o0o worth more than she sells:
England buys annually twice as much
ss she sells: America sells annually
twice a. much as she buys, and each
succeeding year The demand upon hzr
from other countries for grain. meats
and msnufs ctured articles - get Ing
larger, ard ever dollar paid 70 Arn-r'-
can labor increasas the consumption CT
meats"