Omaha daily bee., 1883-07-02
A BREAK IN LIVE STOCK.
Liberal Receipts and Cheap Feed Brings
Prices Down Considerably.
Cattle--A Prospect of Prices Co.
ing Still Lower.
The Hog Market still Demoralized.
Stock Sales.
Special to the Omaha Herald.

Special to the Omaha Herald.
CHICAGO, June 30.-The live stock
market has again beer adversely affected
this week by the general depression in
food staples coupled with liberal receipts.
Cattle have not lost greatly in price but
there is u strong effort on the part of
buyers to force further concessions and
this has rendered the trade slow for all
but the most desirable lots. The receipts
have been somewhat in excess Of last
week which was not at all needed. OF
really good fat shipping stock the offer
ings have not beer excessive, and such
have generally found ready sale. but
poor grassy cattle formed a large share
of the supply and they have been in slow
demand at a lower ange. Rough and
half fat lots were much neglected. The
gap between good and poor stock is per-
ceptibly widening. Range cattle have
held up exceptionally well during the
week, but suffered with other grades dur
ing the past week, being then more plen-
tiful team hitherto. A large volume of
business has been done during the week,
canning operations being very active.
quotations range at 5000 10 for native
shipping steers, SO FOOD 90 for Texans,
50 Zoos 40 for stockers, S4@4 90 for
feeders, So food as for cows, and 81 75
@5 % for butchers steers. Summed up,
prime cattle are bringing nearly former
rates, while common to scrub lots are in
little request even at concessions, while
the situation
fAvORS STILL LOWER PRICES.
Current receipts of cattle are fully
equal to this time last year. Corn fed
stock are and have been all the year in
much greater supply than last. Good
heavy cattle are now selling at 81 50@2
40 per 100 pounds. lower than then, and
light cows and steers 81 5O@2 90 less.
On the other hand grass fed Texans are
doing as well as then and extra fat lots
only about Coo less. Very little of tho
heavy declines ON corn fed native beeves
il falling on Texans, owing mainly no
doubt to the la~teopening of the shipping
season for southwest stock, less than 500
cars being received this month against
nearly three times that number during
June, 1882.
The hog market shows little indication
of recovering from its Generalization.
Not much can be hoped for while the
panicky feeling exists in products. Some
slight gain in prices was made early in
the week but this. was all wiped out OF
Wednesday and Thursday but added t.
the loss. The feeling since has beer
weak and uncertain. The receipts wer,
! about equal to last week, of about 20,
: 600. Packers have been waiting for val
: ues to touch bottom hut there has beef
q good inquiry for eastern shipment
Spectators have largely controlled tn,
; market. Heavy hogs are suffering NOR,
? than light animals. Sales n from
| 8 G0@6 20 although rancy lots will some
times command as high as $6 40. Thi
t is 81 75@2 % less than last year. Durin,
the first week of July 1882, as high al
high rs 80 was
PAID o CHOICE HEAVY HOGS.
, There have nave not quite So many
sheep received here as on last week, al
= though the supply of low grade animal
Z has been ample and trade rather slow
Few good to choice sheep suitable fol
4 shipment, have been offered and tn,
Q shipments east are much lighter thar
last year. The demand is almost wholly
confined to the local butchers trade, bu
y disposes of all desirable lots arriving
4 'iuNO pCi iACio ~ ooO1tJ
Advices concerning the condition O
|, the western herds are most encouraging
. Wyoming range cattle are reported il
much better condition than usual. TIL,
grass is one of the finest ever known, ant
> the calf crop is large.
H call is issued for ameeting of all Da.
kota stock ~raisers to take place ut Fargo
July 8, to effect the organization of a Da
, kota's stockmen's association.
At the sale on Wednesday of the sur
plus of the shorthorn herd of the Hamil
tons of Kentucky, AZ animals, brough
$21, 900,
Some extensive additions to the manu-
featuring establishments at the stool
, yards are in progress. Morris & Fair
bank are erecting a large canning estab
, lishment 800 feet in length. Armour 4
Co are building a monster warehous
covering four acres of ground adjoining
D their nreaent eatablishment