, 1889-11-10
WAY DOWN.
Cattle Receipts Light During
the Past Week,
But Prices do not Show Any
Advance.
Sheep in Good Demand at Firm
Figures.
WAY DOWN.
The Weekly Cattle Market.

special Dispatch to The Leader.
CHICAGO. Nov. e.-The receipts Of
cattle have been light this week, but the
market instead OF improving has become
slower and more unsatisfactory than ever.
Even the choice to fancy grades such as
exporters use have lost some OF their firm
ness, while for the sorts grading below
choice the feeling from the opening to the
close was one of intense depression. Some
lots of poor to fair natives have been
found nearly unstable. The best cattle
cannot be quoted any lower, but they are
dull. Daily offerings include 4 D
lively few well ripened strers, and export
ers snd eastern buyers were in the market
for q liberal number of hat class. A
number OF sales have been made at $50
$40, which is pretty close 10 the highest
prices of the year. and probably a few
hundred head more of strictly 6rst-class
beeyes could have been disposed of with
out causing any material break. Still the
sharp competition for fancy beeves which
has been SO marked the past tew weeks is
lacking, and medium and common natives
are hard to sell except at r%uinously low
figures, Some sales this week have been
made below any previous transactions
this season. The bulk Of the trading has
been at prices below ~. 30, while IS. 20
GA 25 has been taking most OF the ship
ping steers and 81. 50(G2.2 % the largest
part OF the butchers and Gamer stock.
As an old salesman remarked to day there
is no use in sending any grade of cattle to
this market at the present time, unless
they are fat, and there is no class of
natives that are fat and ripe that have
only been fed thirty TO ninety days on
corn.
The low prices are Old low grades of
cattle. Cattle that have been fed on corn
and grass during the summer and fall are
fat and will sell right now as well or bet
ter than any time dur ing the past twelve
months. Only fat, ripe stock are wanted,
other grades have to be sacrificed. They
are Just now worth more at home than
here. If receipts can be kept down to
about this weeks dimensions for a month
or 50 there may be a chance to work of
common cattle at a higher range.
The best native ~butchering stock, prime
dry cows and good heifers. is bringing
steady prices, while canning stuff is dull
aud fully as low as at any time. Receipts
include an unusually large number of
skinny old cows and bulls and there are
many sales at sl(91.35. Stockers and
feeders are in fair demand at unchanged
prices. Traders anticipate a better BUSH
ness in the near future.
Texans and rangers are not 10 large
supply but the bulk are OF a common un-
desirable sort and sell very cheap. The
Texans nov arriving are certainly the
poorest of the season, showing plainly the
starvation they have passed through on
account Of the dry summer in Texas.
When killed and dressed the carcasses are
thin and the kidney fat almost dried out
showing that the beast has lived On his
fat many days. The prices paid for such
lots are the lowest OF the season and
barely pay frieghts. The rangers too, are
off IN quality but do not quote as bsd
as the Texans.
Late private cables quote refrigerated
beef at a scant Sc per pound and Ameri-
can live cattle unchanged at ll9l2c.
Closing quotations hera range as follows: