, 1885-08-02
The Weeks Cattle Market.

The Weeks Cattle Market.
Special Dispatch to THE LEADER.
CHICAGO, Aug. The live stool
market during the past week has, will
the exception of a few bitches, KEEP.
steadily on the down grade. At the star.
everything c%onspired to cause a bad mar
ket for statesmen. Eastern reports wer,
very weak. Liverpool quoted a decline o
llc per pound, and surrounding markets
reported their pens o~yerstocked. This, Of
course, settled the shipping and export
demand. The large buyers acted cautious
ly, and many of them we've out of the
market entirely. Prices were l5(G25c of,
and it was difficult to make sales at that.
All grades were neglected, but of course
big animals of rough frames and thin
ieshed lots were generally harder to dis
pose of than other kinds. In some in
stances low grades could not be sold with
in 25(d30c of the previous week figures.
No prime lots were offered, and extra
beeves stood nominally at about So.
Dressed beef firms were the principal
buyers.
The feeling in the market for native
butchers stock was also one Of weakness,
and trade was slow. Supplies were large
and little or no competition existed for
thin, old cows, Gamers, as usual, prefer
ring to supply their wants from the offer
ings Of Texas cattle. The best native.
cow sold at about steady prices, but the
best grades were very scarce and the bal
ance fully 1Oc Of. Rangers were in fair
demand from canner at a decline Of l5c,
and a few good droves were bought by
dressed beef men. Offerings were large
and of very poor quality.
Only a small number of stockers and
feeders came in, but there were more here
than were wanted, and trade ruled dull
and slow, with prices 5(dl0c lower. Some
ycarlings, averaging SIG to 54s pounds.
were bought to ship to farming points at
SO. 7Oa420.
As the week advanced there was no
improvement in the demand for shipping
cattle, and the falling off in receipts alone
prevented a further break. Trade showed
a little more animation than before, but
was it altogether owing to the greater will
lingness of holders to meet the views of
buyers, and even then business was not at
all brisk. Many of the regular buyers
were holding of and doing nothing. The
eastern demand appeared dead, and ex-
porters were nowhere to he found. The
few dealers willing to take hold used
more than usual care in selecting their
purchases, and it took Il rafting good
bunch of steers to bring S5.45(G5.5 50.
Native butchering stuff remained weak,
although offerings were comparatively
small. There were Texans enough TO
the canning demand, so that there
was no competition from that quarter,
and only a few lots were good enough for
the best city butcher trade. Hence the
movement was slow and prices about i0c
lower. Rangers also declined Toe. They
were plenty and in only moderate demand
from canning and dressed-beef men.
Nearly 200 cattle from Indian Territory
were sold ut S3.S5, and DPS head of
Wyomings, averaging Sl,lo5 pounds, Mt
S4.5j.
Stockers and feeders continued inactive.
Sales were very scattering, but at about
steady rates,
Toward the close of the week the mar
ket was certainly no better. 1t could not
well have been worse, Prices were,about
steady, but it was uphill work to sell
plain and thin ], 5000 400 pound ami
mails at ruinously low figures. One Or
two dressed beef buyers and shippers
wanted more fine, fat medium weights
than they could get, and they counted
values stronger, but the same men, even
with heavy receipts, could not get all of
exactly the kind of cattle they wanted and
of course they could not he suited on a
moderate run.
Native butchers stock was not quotlbly
changed. but inferior to fair cows were as
hard to sell as ever. Gamers won touch
them. The market for range cattle was
heavily supplied with rows aud common,
light steers. Low grade canning stuff, in
some instances, sold u shade lower. but
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