Omaha daily bee., 1884-12-09
THE MARKETS.
TnG General Market Very Dull and
Dropping,
High Railroad Rates to the East
the Cause.
The Cattle Market Opens Steady
and Firm.
Hog Receipts $4,000, the Market
Barely Active Z
Great Excitement Amo 5 Wheat
Traders.
Corn Keeps About the sa Figures
Oats Weak and Low Lard
Active and wea
CHICAGoENIaRKETs

CATTLE.
Special telegram to THE BEE.
CHICAGO, December S-The general market
is dull and dropping, and there was little or
nothing in demad, as most of the shippers
bought all they could ship last week to escape
the advance of fteights this week. New rates
to the seaboard from Chicago are now 40c per
100 on cattle and zoe per 100 on dead meat.
The advance looks like n boom for live cattle
shippers and stock yard interests east of Chi
cago, aud n blow at the dressed beef trade.
one of the leading industries of Chicago.
Should tho rates remain in force the cattle
trade would be turned way from Chicago
and toward the southern markets, st. Louis
in particular. Good natives were scarce and the
few that sold made about the same prices as
last week, plain and common native steers
averaging 1000 pounds and upwards may be
quoted OF 4 25ai 80, and fair to good, averag-
loo to 1900 and upward, may be quoted at
4 75a4 80, with good medium steers of 300 to
1,400 at B 10ab 30, and choice, averaging / 400
TO 100 and thereabouts 8 50a5 So, while good
Liverpool cattle may be quoted at 8 90a6 20.
A fair average qnality of cows, 2 25a2 80, and
the best 3 O0a3 90. One load of s%tillers sold
at 4 90. Good to choice l ,250 to l, 400 pounds,
b 4Oa5 SO, common to medium, 1000 to 1850
pounds, 4 2Oa5 %. Canning stock 1Oc higher.
lehhS COWb = OUaE w, leNab BJeGrS, lUU Co SJU
pounds, 3 0Oa3 80, heavy Texas 3 60a4 co.
HOGS.
To-day, with at least so, 900 to 55, 600 on sale,
including u number carried over on Saturday,
trade opened active and strong, with best sell
ling as high rs 81. 35@Si 50, which is at least
zoe higher than carly sales on Saturday. But
after 9 o'clock values ruled lower, buyers for
packers refusing TO follow the advance az mess
pork opened 35c lower and lard 14Ac per 100
lower. The bulk of common packers sold
around about 81. 15@Si.24, and best packers
at Si.30@$4.40, while choice heavy sold up to
$ib0. Light sorts were scarce, especially
strong weights, which told Mt Si.S0@SI.35.
Averages of 200 lbs. and thereabouts may be
quoted at 81 20@SL25. To-day there was nm
e%ct've demand for light, say averages Of $50
lbs. assorted, for which buyers were paying
SLl59Si.2O. Packing and shipping. 240 to
500 lbs, 81 2O@4.45; light, 165 to 210 lbs
"a 200 lao.
WHEAT.
The day has been one of great excitement
among wheat traders and the lowest prices
for the present crop were touched. The feel
ing was one of great heaviness throughout,
caused by continued liberal receipts and the
prospect of large arrivals tomorrow. Great
quantities of 'long'' wheat were thrown on
the market but there was free covering by
the shorts" which aided in sustaining the
market somewhat. During the regular ses.
sion January sold down to 7l3c and on the af-
ternoon board touched Tic, closing for the day
at 71ac, with May at 7Sfc.
CORN.
The market for corn ruled quiet, but the
feeling was weak and lower prices pre-
vailed, year delivery selling down to 36c, clos
ing a shade tirmer at 3Ggc, January Sale, May
3Gfc.
OATS
ruled weak and lower, cash dropping TO 23c,
with May at SHE.
PORE
was forced down 27Ac early in the session, raj
lied somewhat, sold off again. closing steady
at SILL % for January, Sl1 ia for February.
LARD
declined 15@174c, closing at SO. 65 for Decem-
ber, Sc. 70 for January, S6.77a for February.