, 1885-05-17
BULLS AND STEERS.
A Large Business Done in the
Cattle Market,
But Big Receipts Cause a De.
cline in Prices.
The Market for Canning and
Mixed Stock Active.

Last Weeks Cattle Market.
Special Dispatch to THE LEADER.
CHICAGO, May ia large business
has been done in the cattle market during
the past week, but prices have been If
regular At the start the trade generally
were looking for pretty liberal receipts,
but no one had counted on such large
supplies as kept pouring in. The fact
that New York and Liverpool advices
were encouraging did not appear to help
matters much, and the market soon fat
tened out with bids l5c below Saturday.
figures. The most desirable goods in
some instances sold at not more than SC
of. but TIE average reduction was rather
more than lOc Offerings were hardly up
to the previous weeks average and there
were mont too many choice, well bred
beeves, but still the quality might be
reckoned fairly good The demand, too,
was really quite brisk, and at the reduced
rates there was a free movement
In the market for butchers stock buy
ers did their best to force a break on ac-
count o flarge receipts, but an active de-
mand on the part of Gamers and butchers
enabled holders to get about steady rates.
Poor and undesirable lots, however, sold
very slowly, and in some instances were
hard to dispose of. Some good, light
grass Texans went at $4.25.
Stockers and feeders ruled quiet. There
were very few country buyers here and
local dealers refused to pay the extrava-
CANT prices lately ruling. Receipts, too,
were larger, and altogether quotations
eased off about l0c, and the market was
dull at that.
As the week advanced receipts became
lighter, and so did the demand. Buyers
had generally stocked up pretty extern
sively on the early days, and trade lacked
animation. Sellers were only able to dis
pose Of their consignments by submitting
to 59l0c on shipping beeves, making a
reduction of l5@20c. Offerings included
some very fine heavy, well-fattened cattle,
but there was a marked disposition amsng
shippers and dressed beef operators to
take only such droves as could be had at
cheap figures, and good cattle were
picked up much more readily than choice
lots. Coarse, heavy and common light
droves were hardest to sell.
The demand for COWS and mixed lots
was as good as ever, and prices were gen
orally only a trife lower, The supply was
fairly large, and included a liberal mum
Der of scrubs" which were difficult to
peddle out. Indeed, low grade stuff gen
orally was hard to move. Good to choice
cows, on the other hand, were scarce and
taken at high prices.
Stockers and feeders were still dull, and
mixed lots were only saleable at about 10
@20c decline from last week. Only a
few outsiders were present, and the de-
mand from yard spectators was limited.
Toward the close of the week a con
tinued falling off in arrivals brought about
an improvement. As a rule use
full, fat cattle sold about loo
higher. The most choice heavy
grades did not suffer any ma
terial decline early, aud as they con
tinued to come in fairly plentiful, the ad-
vance was chiefly on tidy, light and me-
dunn weights of good fat and style. Low
grades, as before, dragged and were hard
to dispose of.