The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1902-06-26
RECORDS BROKEN IN
CATTLE AND HOGS
Oklahoma Products Com
mand Top Prices on
K. c. Markets

Kansas City, Mo-, June 26.-The
record prices for live stock have been
melting away the past lew days at
the Kansas City market like dew be-
fore the summer sun Practically all
the top prices of previous years. ex-
cept that for heavy packing hogs
have been reegated TO the rear
First it was the beef cattle record /
price that was shattered-shattered /
not once. but many times Then
whirl was taken at the record hog
price AMI although the top price
since the history of the market has
noe been equallod this year, the rec
ords of the past nine years have been
distanced The latest record to be
wiped out is that for southern cattle
Yesterday, W. w O'Bryan, of welch
%. t. sold load of thirty-two steers,
which averaged 1,127 pounds, for $3.50
hundred. the highest price ever paid
for southern cattle in the market.
While he was at It. Mr. O'Bryan
broke the market good and plenty.
The highest previous price for cattle
in the quarantine division at this
market was $500, which was paid
in May of this year. The highest
price paid previous to this year was
Sc hundred. The top price for June
of 1900 was $3.50, and for June. 1900,
IS. The record breaking price of
$500 was received by Mr.. O'Bryan,
in the face of the fact that there was
heavy run of southern cattle on
the market yesterday. 100 carloads.
When the additional freight charges
and shrinkage incident to the addi-
tional travel to other markets is con-
sidered. this is the highest sale of
southern cattle made this year.
/ The heavy run of grass cattle which
was predicted a few weeks ago is not
materializing, and in consequence
prices are holding up well. The
i fact is that cattlemen are holding
back their stuff to await the outcome
of the corn crop. II the present fat
tering prospect for the crop continues,
thousaGds of head o9 cattle viii be
held back 70 be finished in feed this
fall and winter Shippers have learn
ed tnat the packers prefer fed cattle,
especially this year, when the grass
cattle are not in prime condition in
conseOuerce This state OF affairs
eminently satisfactory all around. II
means that those who have cattle
readv to market this summer viii
not have TO market them at depreci-
ated prices. The supply will be suf-
ficiently limited to make the buyers
keen to get hold of good stun. If
will insure good prices for feeders
this fall, and will guarantee that the
farmer who has corn or feed TO sell
will get good value for it. IL will
also add 10 the value of the cotton
crop in the south by making a good
demand for cotton-seed products for
feeding.
Native cattle have sold at Kansas
City this year at $3.50 a hundred
This is fifty cents a hundred higher
thanwas ever paid here prior to this
year. It is freely predicted by local
experts that cattle will sell at from
$S.15 to 1926 here this week. In fact
/ II the former figure .s not reached,
number of well known cattle sales
menwill have to forfeit a goodIy por-
tion of this months salary which they
have mortgaged TO back up their con-
viction that it will be reached.
When the price of potatoes gets
high. everybody the next year raises
potatoes and they are not worth dig
ging. This cannot be done with cattle.
however. 1t takes more than a season
to replenish a depleted cattle supply.
Last years drouth took thousands OF
cattle out of Kansas City's territory.
This supply cannot be restored to nor
NAL proportions this year nor next
in the meantime prices must be high
because the supply is inadequate to
the demand.