PRICES: King of the Herd

PRICES King of the Herd At the Switzer and Field ranch near Gunnison, Colo, last week, a square, squat, five-year-old Hereford with the resounding name Baca Prince Domino XX, was led into the auction ring in front of 3,000 spectators. When Veteran Auctioneer Art W. Thompson started his singsong chant, the price climbed like a V-2—to $77,800. Art Thompson paused. "I'm not gonna ask you fellas to buy a $77,000 bull on the spur of the moment," said he. "I'm gonna give you a minute to think it over." Then in less than...

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