, 1885-06-21
BEEF N
A Fine Market and Higher
Prices.

Rr1ceS.
Special Dispatch to Tina LEADER.
CHICAGO, June 29.-The cattle mar
ket during the past week has ruled une
quivocally irmer, and higher prices hay,
been paid. On the early days suppliei
were large, Liverpool markets were Lower
and New York barely steady. Under
these circumstances buyers thought they
had the best of it, and were disposed td
command considerable reduction in val
ues. 1t was soon discovered, however,
that the proportion Of suitable shipping
grades was light, and under a good, brisk
demand from exporters, shippers and
dressed beef men, the market improved.
Anything fit to go forward was easily
disposed of at an advance of 5(Gl0c.
Low grade stuff, rough and lean lots,
sold slowly, but showed no decrease. The
quality OF receipts averaged good, but
there were no fancy beeves. A number
of lots of fat, corn-fed westerns were
here, and brought IS. 15@5.4j
There was only a limited inquiry for
native butchers stock, aud the poorer
sorts were hard to sell. The offerings Of
inferior to fair grades were not very
heavy, but quite large enough 10 meet the
demands of the trade. City butchers
wanted a few fat COWS aud heifers, and for
such as suited they paid full prices, but
the rank and file were cheaper, lean
old cows being especially neglected. The
continued weakness in this class is, of
course, due to the increasing receipts Of
Texas cattle, to which Gamers and the
majority Of butchers devote their atten-
ton, to the neglect Of natives. The
range of prices was about the same, be-
ing steady for good grades and Toe lower
for poor lots.
In the market for stockers and feeders
there was only a slight supply of thrifty
young stock, and the demand just about
balanced it, Hence prices We're steady.
As the week advanced the
movement in shipping cattle CON
tinued brisk. The daily attendance Of
buyers was large and as offerings did rot
equal their wants there was sharp compe-
tition and quotations were easily pushed
up another notch. Coarse and thin cattle
did not sell especially well, but all good to
choice fat animals readily brought an ad-
vance Of 5 a. Toe. Good heavy lots were
noticeably stronger, under a sharp inquiry.
Exporters were again free buyers and
some very shoiee cattle were taken for for
eign markets.
Cows and mixed lots were irmer. Re
ceipts were higher and fat lots exceedingly
scarce. Prices did not advance but they
were strong and trade was brisk. Texans
too were not SO plenty, and in good de-
mand. Corn-ied droyes were l5c higher
but grassers rather weak.
Stockers and feeders ruled dull in the
absence of country buyers; not many were
offered. and still fewer were wanted.
As the week drew to a close the general
market was moderately active and about
unchanged, Supplies were large in mum
bers, but there was no surplus of useful
cattle. Even low grades were steady and
choice lots, while not as scarce as before,
were in good demand. Seaboard adyiccs
were encouraging to shippers and they as
well as dressed beef men were liberal pur-
chasers.
Cows and mixed lots were abandoned
and trade dull and weak. The general
demand was light aud nobody wanted the
old COWS and poor lots. Still fat cows and
heifers are scarce, and such as suit the
shop trade, if bought right in the country,
ought to make money for the shippers.
Rangers were in fair supply but qniet
with buyers inclined to demand consider
ably lower rates, especially on common to
fair stuff Everything was slow. but while
grasscrs weakened com-fed lots managed
to Just about hold their own.
The stocker and feeder trade remained
dull. Offerings were small. the country
demand light and yard dealers not inclined
to take hold. In fact. there was scarcely
sufficient business tn make a market.
Closing quotations ranged rs follows: