Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-07-03
LIVE STOCK REVIEW.
Market Glutted With Cattle, and An
other Sharp Decline.
DR0VERS SURELY LOSING MONEY.
A Great Falling in Demand for Export
Beeves During June.
SHEEP AND SWINE CONTINUE DULL
OFFICE OF PITTsBURG DISPATCH, !
WEDNESDAY, July 2. 1890

WEDNESDAY. July 2 1890
Offerings of cattle at East Liberty on
Monday were 122 loads against 11S loads
the previous Monday. Total receipts for
this week were 125 loads. This was at
least 30 loads more than our local trade calls
for. Markets have been very dull, at a
decline of 15 to 25c from prices of last week.
Receipts from Chicago were from 40 to 30
carloads. and quality from this source was
above the late average. The balance were
country cattle, mostly grassers, and for this
grade demand proved very light. Fully
IS loads were sent on East in first hands.
There were two or three loads of prime cattle
on the market weighing 1,45O to 1,5OO
pounds. The outside price obtained for
1900 pound prime cattle was s. 60. The
same quality would have brought SIS 90 a
month ago.
A load of prime 1450-fb beeves from In
diana sold for 81 so. The range for smooth
light butcher cattle. weighing from J, 900 to
1,2Oo fbs, was IS 1904 10. The same grade
sold at 81 S0@4 s. month ago. The de-
cline on light butcher cattle the past month
has been fully 75c per cwt, and on heavy
beeves soc per cwt 1t was reported last
week that markets were the meanest of the
season. This weeks markets, however,
have found lower deep, and as prices are
the same this week as last at sources OF
supply, it is plain that shippers are losing
heavily. A leading commission man thus
puts the situation: ''There has been no
money to the drover for a few weeks past.
and it seems to be getting worse every
week.
Export Trnde Declining.
"a month ago there was a scarcity of light
butcher cattle, and demand was in excess of
supply for several weeks. Then the seller
had the field, and could bring the buyer to
his terms. OF late this has been reversed,
and buyers are naming prices. The export
trade has declined very much In the past few
weeks, and heavy grades have been thrown
into the home market in large quantities as
a result of thls decline. A month ago the
price paid for prime xport cattle at Chicago
was IS 2505 40, while the range now is 81 so
GA 60. There have been very heavy losses
to exporters the past few weeks, and even at
present reduced prices heavy cattle can
not be shipped from this country to Liver
pool at profit.
1.-The month of June was proftless month
to all cattle dealers, as prices have been
declining"
Sheep, Lambs and Swine.
There has been IN all about 20 loads on
the market this week. While prices are not
quotably lower than a week ago for choice
stock market has been very sluggish. There
was very little choice stock on sale. The
highest price paid for wethers was SIC,
and very few reached this figure. There
were very few good yearlings on the market
and the best offered were sold at 434c.
The range for spring lambs was 41<c to
6Zc per h.
There were 35 loads of hogs on the mar
ket Monday, and prices were steady at s. 80
to 81 per 100, the latter price being paid for
several loads of selected Philadelphias.
About 20 loads have been received since
Monday. There were Is loads on the mar
ket this morning, and trade was slow at
decline of 10c from Mondays prices. East
era buyers have ordered no purchases for
t9&sy, as stock bought to-day would arrive
onSthe Fourth, when patriotic sentiments
and doings take the place of swine.
Mccall & Co.'s Weekly Review.
The supply of cattle has been heavy and
the market very slow and lower, not all
sold. We give the following as ruling
prices: Prime 1,3O0 to 1000 lbs, 81 25 to
S4 30; good / 200 to !, 400 fbs, 81 10 to 81 25;
butcher grades, LOO to i, 800 TBS, s. rs to
81 90; common to tair, loco to 1000 lbs,
S. so to So so; stockers and feeders, 800 to
LOO fbs, S. % to s. 60; mixed lots, cows,
heifers and bulls, 81 90 to 81 75; fresh cows
and springers, $40 to S35 per head.
The receipts of hogs since Monday have
been light and the market slow. To-day the
supply was only fair and prices 10c per cwt.
lower than Monday. We quote: Medium
and selected, So S. to SS 80; best Workers.
s. soto So go; common to fair Workers, So 20
to So 80. roughs, 81 IS to So 25.
The supply of sheep has been liberal and
the market slow at decline of 25c per cwt
or all grades. We quote sales as follows:
Prime Ohio and Indiana wethers weighing
here los to 11O lbs. S. 20 to S. 80; good, 90
to 100 lbs, 81 60 to S. 90; fair to good mixed,
20 to 80 lbs, So 80 to 81 %; yearlings slow,
best selling at So 90 to So 25; fair to good,
so to 60 lbs, 81 90 to 81 so; supply of
spring lambs heavy at S. 90 to Sc 25; sup
ply of veal calves heavy and the market
slow; carlots, S4 IS to S. 90.