The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-12-09
THE LIVE STOCK MARKETS
CATTLE IN FAIR SUPPLY, SELLING
READILY AT STEADY PRICES.
Large Receipts of Hogs Result in
Lower Prices-sheep Active and
Observation-Disclosures Elsewhere.
UNION sTocKYARDs. INDIANAPOLIS.

Dec. ---Cattle-Receipts, 200; shipments
small. The weeks receipts Of cattle have
been large but not excessive. The total is
$500 larger than last week and 1850 larger
than the same week a year ago and the
corresponding week two years ago. Thus
far this year there is a gain Of $500 COM
pared with the period last week.
From the beginning of the week the re-
ceipts were larger than ordinary and short
~ after the opening reaction of 1Oc in
prices was registered. Toward the middle
of the week. however, there was quite an
increase in the demand from outside
sources, and this, encouraged by a good in
qufry from local killers, was responsible
for rally in values that exceeded the loss
sustained at the beginning of the week.
There was continued good competition
throughout the week. which resulted in a
further upward movement in prices, and at
The extreme close Of the week all fat cattle
were selling on a basis of at least 25c higher
prices than the average at the close of last
week, and occasional transactions were
considered 35d4Oc higher. In sympathy
with the stronger movement in prices of
fat stock, together with a scarcity of choice
feeders. that class gained little in prices.
1t was also easier TO dispose of the less de-
sirable grades, but prices were not per-
cepubly better than recently. At the close
OF the week the pens were probably nearer
emptied than they have been in the past
month. The records show that during the
Texans 1906. heifers 1925. cows $3.50, bulls
$3.50 and calves S5.75. There was only a
moderate supply arrived for the market to-
day. but enough to indicate that prices
were fully steady compared with the way
equal kinds sold yesterday. A few steers
sold as high as $50 fancy heifers as high
SIS, cows 81, bulls $3.50 and calves S5.75.
The supply was soon exhausted at current
prices. Quotations:
Good TO choice steers, 1850 lbs
and upward ........................$5. $3.50 $50
ward ................ $3.50 SIS
steers ........................... 5000 $50
Plain fat LOO to !. 350-lb steers. 4.5OQ SIS
Good 70 choice 1000 10 1,150-lb
steers ............-............... 400 415
Plain fat LOCO TO 115O-lb steers. 1850 Ala
lbs .:....:............................ $3.50 400
lbs @ $3.50 $50
Medium feeding steers, 500 TO 800
Common to good stockers ....... 2.5S3 SIS
Good TO choice heifers .............. 5000 4.5C
Fair 10 medium heifers ........ 3OO1 $50
Common light heifers .......-...... 2.25GD ?. 70
Good 10 choice cows ................ 5000 4.25
Fair to medium cows ............... ESQ 3.25
V %eni eaIve eld cows 4 49S9B 2 80
HeaVy calves ........................2 50lD 400
Prime TO fancy export bulls ....... $3.50 AS
Good 10 choice butcher bulls. 5000 3 so
Common TO fair bulls .............. 1900 275
Good TO choice cows and calves. 80. 00GI50 90
Common 10 medium cows and
caves 20. O06f30 90
Hogs-Receipts, 11,OOO; shipments, 1000
The marketing of hogs this week has been
of unusually large volume but could hardly
be considered excessive for this time in the
year The total shows a gain Of about
6Oo0 over the next largest weeks receipts
thus Tar this year and they are the largest
week receipts since the week ending Dec.
10, 1895, when o., 146 arrived. Compared with
Il "A Of aapIrr Ot4n
and an increase Of 1850 is indicated COM
pared with the same week year ago and
ABOUT SWO compared with the correspond
ing week two years ago. The receipts thus
far this year are about 155, coo larger than
the same period last year and 54OO0 small
er tnan the corresponding period in 1893.
For the week ending yesterday local pack
ers bought total OF 45.4S2, out of which
kingan * Co. got 1926 The preceding
week the same packers bought 31,272 and
the same week a year ago q, 100. During
the same period the shipments were & 265
against 1913 the preceding week and 1OOS7
the corresponding week year ago. There
has been a zigzag movement in prices OF
hogs this week, the position depending
largely the supplies. With a liberia
marketing at the beginning OF the week
values suffered decline of -0G30c for an
average compared with the close OF last
week. This was followed by quite falling
on IN the supplies and a corresponding
rally In prices and on Thursday practically
all or the early loss had been regained The
highest price of the week was obtained
yesterday but generally there was no i'm
provement in the market and the finish was
weak At the extreme close of the week
the receipts were exceedingly large and
prices suffered another break OF lOlfl5c and
that represented the difference in the mar
ket compared with the close of last week
shipping orders on account Of the low
prices prevailing In Eastern markets have
been or no great Importance and consider
ing the fact that packers have had 10 b1Iv
over 30 per cent. OF all the hogs reoait,ed
and that prices have been maintained on >
comparatively steady basis in relation 10
other markets the trade here has been sat
fsfactory. The quality generally has been
good and toward the close of the week
there was considerably more than an aver
age number OF good weight hogs arrived A
record Tor the largest number Of hogs i'm
one day. Tor the largest number in the
diamond alley" and for the largest num-
Der on Saturday was established mis- VEL
The receipts or hogs to-day were quite
surprise 10 everybody, and are several
thousand head larger than the average al
this time IN the week. Therefore il was
naturally expected that buyers would re-
quire concessions In prices and the only
thing 10 be decided was the amount of the
decline. There was some inquiry from an
sources, but AZ was evident that statesmen
would again have 10 depend upon the pack
ers 10 take the large proportion OF the SUP
ply II was not easy 10 fix a basis for oDer-
atoms which caused rather a slow trade = ?
the start but finally the offerings were
moving toward the scales and at noon il
was evident that good clearance would be
made A very few dealers claimed thai
certain sales were not 10 exceed So lover
but generally IL was conceded that there
was a decline OF 10fff5c COMPARED with rhe
market yesterday after IL had settled. II