john illif

Cards (11)

  • Colorado Territory was created

    1861
  • There was a great demand for meat in Denver City, but until 1870 it had no railroad connection
  • His business started poorly in 1861 he sold his herd for $500 as they were thin and were exhausted from the drive to the railhead
  • In Colorado gold prospecting and mining settlements were growing as well as the demand for beef
  • Illif's business strategy
    1. Fatten the cattle on the grasslands
    2. Drive them a short distance to the mining towns where they would fetch full price
  • Illif bought land for a ranch near Denver, Colorado
    1866
  • By 1870 he had built up a huge herd of 26,000 cattle on 16,000 acres using the homestead act not exactly legal

    1870
  • Customers
    • Mining towns
    • Union Pacific railroad builders
    • Government for Indian reservations
  • He became Denver's first millionaire
  • John Iliff realised that if he could keep a herd of cows on the Plains, he could supply beef to the Colorado mining towns without having to drive the cattle up all the way from Texas
  • He won a contract to supply beef to 7000 Sioux Indians. He became Denver’s first millionaire
    1872