The Burlington weekly hawk-eye. [volume] (Burlington [Iowa]) 1860-1876, 1863-06-06
New York Cattle Market.

Monday, June 1.-The prediction that we were
to have a famine in the cattle market in June
that eventual month Let us see. After the
close of our report last week, which showed sales
of 1894 bullocllS at Forty fourth street. the lots
that had been Intended for that market and de-
tanned came in, and were mostly sold on Turs-
day and Friday, to the number Of 525 head. On
Friday and Saturday about Is We're sold at Ber-
gen, lG at Wechawken, and 800 in Sixth street
and over 50 went direct to butchers, making
IL 100 head and there are to day in the sale pens
of the great market place in Forty-fourth street
400 head, great many of which are heavy and
good, and Oh the average the weight and quail
ty are better than last week; yet the market
opened pees about the as lass Monday
beef seller sinking offal. AS it may seem strange
to those not present, how, with such an i'm
menSe supply of bulocks in the market these
high prices can be obtained, we have only to say
that 1t is owing to the confidence of butchers in
the representations OF cattle brokers, who fix
their own rates and tell the butchers they must
pay them, and they Ego it blind" and as they
buy on credit they agree to pay just what il ask
ed, And this accounts for the extraordinary
head higher than at noon when they were
more than that lower than last Monday and
Tuesday. The state Of the market, then is this
A very large supply, and first sales full as good
as first sales last Monday, then rapid decline
and dull sales all the afternoon. Even at the
same prices per pound, nominally the price is
not as good for owners rs it was last week, ow-
ing to the estimate of weight and quality being
more favorable to buyers Some of the specula-
tors declare tnaJ thelf losses peNOnQ enQttr-
apce. Drovers insist that owing to ''such bad
market" there viii be next to no cattle ship
ped for next week. Be it so, we can stand it,
HOGS HOES p S and no higher The weather to day
is cool and butchers have bought unusually
freely still the lots are not all empty, though the
them, some reinforcements being expected to-
morrow, and a harder closing than opening day
CLOSE OF THE MARKET.
TUESDAY, June &.-The close of the market
this week, as compared with the opening, is di-
rectIy the reverse of last week. Then it was o
regular rise from beginning to end. This week, the
highest rates were had before 10 O'Clock and the
lowest this morning. lot of heavy, fat Illinois
steers, mostly grade Durhams, four and five
wears old, average over cwt., are selling at less
than lie p 10 net; and in the opinion of good
Judges who were several days at Al bany, from s.
10 81 a head less than the same class brought
there One of the most careful uneXcitable buy
ers. who is one of the best statesmen in the mar.
ket bought drove at Albany, which he sold
early Monday morning, When Inc Market was al
it's best, and lost sou.
A Yankee could easily guess that some OF the
Albany buyers, who go 1t blind" can coun,
their losses by hundreds instead of fifties, Oh
their purchases last Friday and Saturday. Those
who know estimate the loss upon one drove thai
cost at albany a. nshd cae for op phi.
market, between here and the pens OF the iced.
er in Illinois, has lost money. me lmpenalns
loss was SO strong rr .s an
we should not be surprised to near to-lnorroN
that there were 500 head of coed fat cattle I'M
sold in and around the city. That looks PAD 1ol
the famine" next week. Starvation and "Wai
prices" must be postponed until further no
| tice." But few cattle have been taken for ship
ment South this week.
TRANSPORTATION.
Everything in this line has worked satisfacto
| rily this week. AS we predicted, the hitch" OF
| the Erie road q few weeks ago is working to tn!
advantage of drovers. Nobody dares to tall
about mo cars at Dunkirk." The orders Of Pre-
SiOent Marsh DefemntnfV tn have All tn
cars taken back as fast as they are emptied q
this end Of the road.