The Burlington weekly hawk-eye. [volume] (Burlington [Iowa]) 1860-1876, 1863-05-30
New York Cattle Market.
OPENING DAY OF THE MARKET


MoNDAT, May g5.-The great weekly market
for beef cattle opened on filth street this morn
ing with about 500 mead OF fresh cattle in t!ie
sale pens about 900 head having been sold
Friday and Saturday, out of the sixty car loads
that failed to arrive in time by the Erie road for
sale to-day is considerably below the average
quality of several weeks past. 1t looks as tho
| all the drovers had combined to ship all the tail
butchers that the stock of fat cattle is exhaust
ed. Owing to general impression that there
week, or at least would be, the butchers deter
mined To reduce the rates current last week
equal to lie Z 10 net, and the brokers had to con-
cede, though with rather bad grace, and OWE
ers said at very heavy loss to them. The pre-
vailing prices to-day are generally l0MIlc = ID
net; that is for the weight OF beef sinking offai
Some very coarse animals or thin steers will sell
at 9G9iLc ! %, and q few good bullocks at l@l2c
and possibly a dozen at l215c. Last week the
price carly IL the morning was l2Qal3c for almost
any sort NJ for good STALL Il afterwards fell of
SO that good Illinois droves averaged He = b
upon owners estimate. To-day the price holds
up better, and is really more in the afternoon
than in the morning, so that similar droves are
estimated to average lie { ID, but the estimate of
weight is not favorable to owners From 200 to
300 more bullocks were expected all day. to ar
rive by the New Jersey Central Railroad, and we
hear of about IT, 100 more to come from Albany
parties here to keep up the price, but it did not
produce the desiHd effect: 1t is very certain that
butchers have sh6 ped their business so as to buy
| fewer bullocks so long as theprice remains high
1t is very certain that the people eating less
beef and they Will continue TO do so long
the price remains as high as it is at the present
CLOSE OF THE MARKET.
| TUESDAY May 26-For once then we have
| higher close than opening of the market. Last
week ct the opening the panic was with the
| butchers and they paid any price the drovers
| asked and clicked the hand that raised to shed
| their blood with abject submission. This week
the panic changed sides. In consequence OF
knowledge of there having been 800 or coo Bull
| locks brought in during the interval between
market DAYS droyers were sure that there would
| be an over supply. and although they held out Of
market about Loo head, they came in prepared
| 10 submit to the butchers as easily as they SUBJ
mitted to the. drovers the week before. L nder
| these circumstances the market opened at a
full cent per pound below the price at the
| speniug a week previous. and that sales We're
! hurried forward till toward noon, statesmen
| began to wake to the consciousness OF having
only about 5000 head of bullocks In the yards,
and these generally half hundred lighter than
last week, and that Messrs. Starr q Reed were
taking out nearly two hundred head OF the pest
to ship southwark for the army; snat another ioo
head were to be shipped eastward, and that the
yards We're getting quite empty before noon, ana
then prices began TO advance; and now, WIN
about l50 fresh stock prices near the close to-day
are fuil 50 head dearer than at the opening ana
good S-cwt steers sell readily at lie e n, and
any tolerably fair Illinois steers of 6-cwt sell at
lie = D. and that in reality the market for the
lower grades closes better than IL did last week
with 20 or $40 more expected to morrow morn
ing. ..r
These reno will account for the extreme