The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1902-04-29
CATTLE ARE PLENTIFUL

AnthhtNf Ill., AEiAA 90" AN AAiNAAA
Herald says: Cattle are more plenti-
ful on the ranges Of Montana and the
two Dakotas than they have been in
many years The increase in the size
OF the herds over last year is fully 20
or 20 per cent and the greatest part
Of this increase will come to the Chi
cago market. Growers are holding of
their cattle until they get heavier,
when they expect to get better prices
of rthem."
This statement was made yesterday
! by u1nHl Ingwersen Of 1ngw5rsen
Brothers, commission merchants at
the stock yards, who has Just returned
from Montana. whittier he went with
party Of Chicago stockmen Oat-
tend conventions and look over the
cattle situation. Similar statements
are made by other members of the
party
The range cattle from Montana and
the Dakotas are no mean factor in the
[ live stock situation Last year Mon
\ tana sent to Chicago 200 car loads
of cattle. Sou,n Dakota 4,0SS, North
/ Dakota .5S1 This year it IS estimated
Mon tana will send nearly 400
car loads. South Dakota more than
800 nd North Dakoto in proportion.
1T looks as if the mrketing of good
cattle would be the heaviest in many
years continued Mr.. Ingwerson. Il
/ do not expect that we will get much
I Of the stock until the latter part OF
July or nearly in August because it
I is not very fat yet. II is a little dry in
/ the northwest at the present time
and the grass has not come up very
much. but 1t will be along soon and
the cattle will begin to pick up.
THE stock raisers are going TO
wait until the steers get sew eral hun
d-ed more pounds weight on them
than they now have before they
market them. The quality OF the beef
will be better and 1t will command a
better price Just what the prices will
/ be this summer is hard to predict
I but | think Il safe to say they viii
run higher than last year. and then
they were at high water mark. Stock
was marketed at from "a so to SIS 25
all last summer II loks as If the ad
vance would amount to somethink
like 80 or 70 cents this summer.
What is that advance due TO? Well
It is just in ne with the present
prices which prevail The prices
! quoted for all kinds of meats are
higher than they have been in 4
long while and il is fair to suppose
that they will be carried into the sum-
mer. The demand for beef this year
is abnormal. People are eating beef
who never ate 1t before; they are pros
perous have the money and are will
ing to spend 1t. Consequently with
the demand so great and the supply
available none too large it is natural
that the prices should run high"
Charles Haas president of the firm
of Smith, Haas e Co.. was even more
sanguine of the prospects for next
summer. He asserted that he never
knew of stock passing through such
an easy winter. Why they have
scarcely used up any Of the hay he
sald. 1T will be nearly all left for
next year The winter has been very
open and the stock raisers have taken
advantage Of the sfCiats@n"
THE marketing stock this year Will
according to the present outlook, be
fully % per cent larger than last year
and Il will be Heavier and fatter cat
tie at that. NO they are not send
ing Il Into market yet They are wait
ing for the cattle to pick up. Just now
the condition 50 FAR as good grass is
concerned is a bit dubious. but with
a little more rain there will be plenty
in Gew weeks and the cattle will fat
ten up at once.
"The prices this year will certainly
be good. They reached a good figure
last year but will likely go higher
this summer This of course. in line
With prices quoted for Neveryth3ng
else
"Our conventions We're well attend
ed and the stock raisers seemed VelG
enthusiastic over the outlook. They
expect a good year and are planning
10 market their stock 10 the best ad
Vantage They win doubtless send
la great part OF it to this market.
Reports from Iowa and many of the
other cattle raising states also indi-
cate that there are quantities of gooc
stock on the farm, but that they are
being kept out of the Chicago market
until the present high prices advance
to IS or more. They tell me, sale
the chief clerk in the auditors depart
ment OF the Union Stockyards com
apny yesterday, that these farmers
have plenty OF good cattle and tha
they are holding off until the apparen
scarcity in the market forces prices
still higher / have been told that th'
large packing companies own a larg'
part OF this stock and that they arr
waiting awhile before they market II
/ / do not know how true this report is
but farmers will tell you eyeryda,
that there is plenty Of good stock OF
the stock farms. The price must nee
essarily go higher " the cattle don
I come In faster and that is probably
what they are figuring on"