, 1885-07-26
The Weak,s cnttla Mnrket.

CHICAGO, July 25.-The cattle market
during the past week has ruled very
slumpy. Receipts on the early days were
unusually large, but they did not embrace
nearly an average number Of such grades
as are sought by the Eastern trade. Hence
sellers were in a position to sustain prices,
despite the fact that the demand from the
different classes Of buyers was a little
slack. Good fat corn-fed beeyes found
plenty Of purchasers and the market for
such was strong and at least steady.
Grassy. thin, half -fattened lots, on the
other hand, were in excessive supply and
in many instances sold fully I0c. lower,
with trades hard to make at that. I'm
favorable reports from seaboard markets
and the intense heat both had a tendency
to restrict the shipping movement The
bulk of the stuff in the pens classed about
fair to good.
Native cows, bulls and little butchers
steers were slow and l0c. lower. The de-
cline was not the result Of any oversupply
Of demand, but was entirely due to the
large offerings and consequent weakness
in Texans. Very fine fat cows are seldom
too plentiful. and there is always a rea-
sonably good demand for them, but COM
mon lots were neglected and very slow.
Rangers also showed a loss Of l0c. on
good grades, while common to fair quail
ties sold slowly and unevenly, statesmen in
some cases being required to make heav-
Ter reductions. The inquiry from Gamers
and dressed beef men was excellent and
trade was fairly brisk, but offerings were
too heavy.
The market for stockers and feeders
was about ~lifeless. There was no outside
demand and yard dealers were moving
cautiously.
As the week advanced, shipping steers
became dull, weak and irregular. and
offerings were very light, but neither ship
pers nor exporters appeared to have any
very urgent orders. and concessions Of 8
to 10 cents on the part OF the holders
failed to put any life into trade. Very
choice cattle were scarce, and the rest, as
well as those a grade lower, were firmly
held, but prices for everything below
these suffered a decline of about 10 cents.
Common to fair grasscrs were especially
neglected. No strictly prime beeves were
offered, aud extra steers weighing ! 800
pounds or more were nearly nominal
around Sc, while some dealers expressed a
doubt as to whether there was a bunch Of
cattle in the West for which more than
Sc. 10 could have been obtained.
Native butchres' stock was still obliged
to compete with large supplies of Texans.
Gamers gave all their attention to the lat
ter, and as a result a good deal of trashy
stuff could not be disposed Of at any price.
Bids were q good deal lower and prices
ranged fully ID cents of on all grades be-
low a few fancy lots of cows and heifers to
fill special orders. Range cattle kept
company with natives, and common to
fair drovers declined l0Gl5 cents. For
-,
tue best grades the demand was larry
good, but values were generally weaker all
around.
NO chang Tor the better occurred IN the
market Tor stockerS ana Leaders, ana all
the sales were made at very low hgures-
Very few feeding steers changed hands.
Toward the close oil the week shipping
cattle renamed about steady supplies
were only lar. There was however
quite a large proportion oil good heaVy
grades among the o1erings' ana as there
were very lew such wanted, statesmen
found less competition Tor lighter aver
ages. Fat ] 100 to 1900 pound lots were