Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-02-22
LOCAL LIVE STOCK.
Leading Features of the Weeks Trade
at Central Yards.
AND OUTLOOK NO GOOD.
Hogs Join With Cattle and Sheep in the
Downward Drift.
TENNESSEE SENDS BACON NORTH
OFFICE OF P1TrsBURG DISPATCH,
THURSDAY, February u, 1889.

As will be seen by the accompanying
report, local cattle receipts this week were
22O head above last week. For the two
weeks previous to last, local cattle supplies
varied scarcely any in number from this weeks
record. Truth demands the statement that the
markets are IN a demoraliZed condition. 1t is
hard to tind anything encouraging in the stu
alton or outlook.
The weekly statement sent out by a leading
stock firm to customers begins: :'Marllets are
demoralized, cattle are Is to zoe lower; we have
no comments to make. Sheep are dull and
heavy, with no good prospects for trade" One
stockman was found at the Liberty yards who
picked up a few crumbs of comfort from the
fact that markets are more depressed as you
go eastward. From New York live STOCK
markets comes the report to-day that 2lOoO
head of sheep are unscld, with lair prospect
that shippers will be forced to submit TO heaVy
loss. While the run of sheep at Liberty TINS
week is more than 5000 head less than last
week, and 5000 less than the week beIore'
markets have been very slow at &c reduclon-
The slowness OF trade here induced some deal
ers to send stock on 20 the metropolis. Sucn
have had practical confirmation OF the ola
adage that tells how we may 20 further ana
fare worse. The dealer who sold at Liberty
did better this week than the one VINO sent MS
sheep TO New York.
Hogs Getting Cheap.
Yesterdays review of the live stock trade in
this column of The DISPATCH stated that
hogs were the only exception TO the downward
drift. This was true till this morning. Now
we are compelled to put porkers in the same
boat with cattle and sheep. At Chicago to-daNre-
ceipts were 25 900 head and prices l0c lower. The
range of prices there for good smooth packing
hogs weigh hing from 17O to 100 pounds is 81 IS to
s. 90.
At East Liberty the run of hogs this morn
ing was light, consisting of about 10 loads.
While some weakness was manifested at the
opening of trade this morning. it was the opln-
ion of dealers that there would be no drop.
This hopeful view was, however, soon blasted,
and toward noon hogs were sold at 81 s., which
would have brought s. 90 yesterday.
AS an illustration of the demand for light
hogs this season in preference to heavy weights,
one of our leading packers furnishes the fol-
lowing item: There were shipped from Men,
phis, Tenn. to Chicago within the past 10 days
2J0 head of hogs averaging 10 pounds, and
sold at 81 7215
The pack,r. speaking of this, said: at is
something hitherto uuheard of that Tennessee
should sendADDgs TO Chicago. The reason is
that light hogs are bringing better prices at
the latter place Through the South the de-
mand is for heavy hogs. the fattest pork being
wanted for the cotton and sugar plantations.
In the North, owing TO the abundance of corn,
the heavy hog business is overdoae. There is
a scarcity of light hogs in our supplies this
sJason. and this has been SO marked that it has
been found profitable to bring these little
porkers distance of 800 miles northward"
Following are the full returns of transactions
at the East Liberty yards for the week.
RECEIPTS.