Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-02-21
LIVE STOCK REVIEW.
A Weary Run Of Cattle and Sheep at
Liberty Stock Yards.
MARKETS STILL IN BUYERS FAVOR
Light Receipts of Hogs and Prices Better
Than Last Week.
HEAVY WEIGHT HOGS THE SLOwEsT
OFFICE OF PITTsBURG DISPATCH,
WEDNESDAY, FEBRUARY 20, 1889.

OFFICE OF B1TTSBURG DISPATCH, D
WEDNESDAY, FEBRUARY 20 1889.
The run of local cattle on Monday was IS
cars, an excess of 20 loads over the previous
Monday. Since the beginning of the week
6 to cars have been added to the supplies.
In the receipts were 10 loads of good ship.
ping stock, though not extra, weighing i, 400
to 500 pounds. The bulk of the supplies
were fair to coed butcher stock. About 40
loads were from Ohio, the balance from
Chicago. The best price realized was 44c,
which was for very fne bunch weighing
about l,25o pounds each. The general range
of prices was nc to S5zc, with anything above
this as exceptional
Heavyweight and high-priced cattle are not
in demand. Butchers scare at anything above
&c, claiming that they cannot compete with
dressed beef above this figure.
Drift of the RIarizet.
Thewhole drift of the cattle market has been
downward since last fall, and the farmers who
held their stock through the winter are losers
the cost and trouble of feeding. Good ship
ping cattle sold this week at 4c. which three
months ago would have brought SIC.
The Ohio farmer, who is forced to accept
SIS or $50 less on each steer than he could have
taken last fall can hardly lie expected to feel
very heavenly-minded over the situation.
Some common stock, weighing about 800
pounds which have been held over for couple
of weeks or more, were closed out this week at
s. IS. When yardage expenses were paid
profits to the holder must have been infinite
ssinai or worse.
The supply of veal calves this week has been
much below demand. Not until some time in
March will calves come in in sufficient quantity
for the demands of local trade. The range of
prices is to &c, and choice would have been
taken readily to-day at the outside quotation.
sheep and Lambs.
The supply is II to Is loads greater than last
week, and prices are off &c according to the
general testimony of dealers. Good stock has
suffered most from the decline, as common and
low grades have been down to bottom prices
for some time. Light to medium weights were
slow at BIC TO SIC, the last figure being for eX-
ceptionally fine wethers. Advlces from New
y ork contributed to decentralization of markets
here. Sheep which cost sc at East Liberty and
were shipped TO New York to be sold at SIC
must have left the shipper with a small margin
on the wrong side of the line.
Lambs were IN full supply in fact too full for
SIC, but very few brought above &c.
HoEs-Improvement Noted.
The tone of markets for hogs is an improve
ment on last week. With run much lighter
than for several weeks, prices have advanced.
Markets are no longer, as for month past, in
the buyers favor. An advance of l0@l5c is re-
ported since Monday on good grades. Heavy
weights do not share in the advance.
At Chicago receipts to-day were 25,000 head,
with markets steady. Both here and there
packing hogs weighing from l6O to $50 pounds
have been in fair demand all this week. with a
range l0@l5c above the closing prices of last
week.
1t has been with heavy hogs as with heavy
cattle all this winter, that they have moved
slowly and brought poorest prices. And yet
with all the slowness of trade for heavy cattle
and hogs, corn has brought better prices by
connecting it with lard and tallow. than to have
sold it direct at ruling prices this season.