The weekly Ottumwa courier. [volume] (Ottumwa, Iowa) 1857-1872, 1867-05-30


wa not due to any stimulus afforded
by Eastern advices, for there was
not received, during the entire week,
anything Of an encouraging charac-
ter from the leading markets abroad
shippers, however, by some mysteri-
Gus course Of reasoning, satisfied
that "happy results" would attend
their ventures, and accordingly all
bought freely, and some with a de-
gree OF recklessness that foreshad-
ows financial disaster. Holders Of
desirable shipping stock, were be-
selged BY anxious buyers, who, ap-
parently, were willing to pay almost
any price sellers had the hardihood
to ask, and at no time since Chicago
became depot for tie purchase and
sale OF Beef Cattle have such ex-
travagant rates been realized. Good
first classSteers command 50 25a9 SO,
while strictly prime State Steers
would have found ready buyers, at
50 75alO 90 per 100 lbs. The mar
gin 5etween this and New York
market is not it would seem suffi-
Gent to warrant extensive operations
on the part Of shippers, and unless
there should be a speedy reaction in
prices, there, the results of this
weeks specnlations are not likely to
prove altogether satisfactory
Farmers and drovers sho lid not be
misled by this "spurt" in the market.
1t is hardly reasonable to suppose
that the high rates, at present rul
ing, can be sustained for any consid.
cradle length of time, and whoever
buy extensively, basing their pur-
chases upon this weeks quotations
will, quite likely, have occasion te
regret their rashness. The weather
has been changeable and unfavorable
! for out door operations, but the gen.
eral attendance has been good
throughout. Though considerably
below those Of last week, the offer
ings have not Of fairaverage quality,
and embracing few droyes of real
" choice Bullocks. Good shipping
stock, and good fat Cows, and light
fsshy Steers, are the grades chiefly
IN demand, anddrovers will subserve
their own interets by combining theil
!. purchases principally to the classes
above mentioned. Stock Cattle have
been in dcnaud during the pastweek
nor is the inquiry likely to be brisk
until lower prices obtain.
n There was a movement in the Cat
tie market to day owing TO TIL,
scarcity ot'of stock. Tho following
were the, closing prices:
Extra Beeves-Fine, fat, we'll form
ed, 4 to years old Steers, and aver.
aging 1900 lbs and upwards 50 GOA
8 60.
i Prime Bcefs.Good, well fatted
averaging from LOO to ], 400 lbs a
825a8 IS.
Fair Grades-Fair Steers, in fai,
flesh, averaging 1000 to 1900 Tbs, a
Z 75aS 90.
i Medium Class-M Medium, Steers
and Cows, fit for city slaughter ant
averaging 500 to 1000 Tbs, at 75s
Z so.
] Stock Cattle-Common in decen
flesh averaging 800 to !, 100 lbs a
Z 6 25a7 90.
Inferior-Light and thin Cows ant
Steers 5Oa5 IS.
Hoes.
! There was rather better feeling
in the market for this class of stock
than prevailed during last week ane
better prices has been realized
Buyers from New York, Buffalo
Philadelphia, Boston, and Baltimore
markets, have been in liberal atten
dance, have taken up all offering
suited to their several wants, at al
averaging advance Of 15c per 100 Tbs
The market closes firm at quotation
with pens empty.
Wegive below the closing prizes
of the week.
4; Good to Choice, Sc 75a7 90.
Medium to fair, 6 45a6 60.
{. Common, O0a6 80.
/ Stock Hogs, 5 25a5 IS.
4 SHEEP.
The supply has been liberal, rattle
larger than the market would readi
ly absorb, and prices, in consequence
have ruled lower. The market clos
es quiet with 1900 head unsold
Prices range at IS 00aS 90
i CHICAGO MARKETS.
i Chicago, May %.
4 Flonr-trade perfectly flat ant
utterly impossible for holders t.
make sales at prices which the,
would feel justified in accepting, AM
as there is nothing Of consequence,
selling it is useless to quote prices
. Sales Of spring extras at l3al4, an.
spring superfine ut Z 25a10 80.
+ Wheat demoralized, and lit lie of n,
s demand for No,2 spring, and nearl,
Z all sales in lots of / to 2 car loads
First sale on charge at 2,45, bu
steadily declined to 2 40, at which
was made sale Of two 500 bushels
lots, closing nominal with buyers a
I 2 38 and sellers at 2 40. Rejected
spring neglected and nominal a
I S0a1 49,. Nothing of consequent,
doing in No /. Sample wheat Of al
descriptions neglected. Sellers fint
lit impossible to sell at any pric,
/ which they feel authorized to &C
cept.
] Corn--opened higher at O5 ant
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