The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-10-20
THE LIVESTOCK MARKETS
CATTLE SCARCE, GOOD FAT GRADES
SELLING AT STEADY PRICES.
Hogs Fairly Active at About Previous
Prices-Sheep Quiet and Weak
Condition Of Other Markets.


Oct. 19.-Cattle-Receipts, l50; shipments
fair. The weeks receipts OF cattle indicate
a decrease Of 1900, compared with last
week, and an increase OF 1000, compared
with the same week year ago, and over
1000, compared with the corresponding week
two years ago. Thus far this year the re-
ceipts are over $500 larger than the same
period last year. There has been a more sat
isfactory market this week for all choice
cattle in their class and a good advance in
prices was registered. The supplies have
been small at all times and with steady
demand from all sources buyers had some
difficulty in completing their requirements
for immediate use. The result was that val
ues started on an upward course early in
the week and at the close all cattle that
had met the requirements in quality and
flesh were selling at about 25c advance In
prices over those current at the close Of last
week. Notwithstanding the small supply of
good stock buyers continued their discrimi-
nation against common to medium grades
and from the expressions OF all statesmen
the trade just as unsatisfactory as IL
has been for several weeks and, in fact, &C
casional transactions were considered lower
than they have been at any time. Statesmen
were inclined to meet the demands OF buy
this class whenever they had an OPP
portunity, but it was impossible to find an
outlet for all the supply at any price. To-
wards the close Of the week there was
rather a healthy demand for choice feeding
steers averaging $50 TO 1,050 pounds, and
they sold at strong prices. There was no
Improvement in the market for common 10
medium grades. During the week there was
one sale of yearlins steer as high as $3.50;
full loads of cattle sold high S6.40;
Western steers up to $3.50; native heifers
as high as s475, and cows S4.25. There was
good demand for choice bulls at steady
prices, sales having been reported as high
as $3.50, but common to medium grades
were neglected and lower. The calf market
was very irregular and at least Csc lower
than last week. The receipts to-day were
small and included comparatively few de-
sirable cattle. The market, as usual on Sat
urday. was quiet, and it was more or less
difficult TO negotiate sales at barely steady
prices, compared with yesterday. Quota
tons:
Extra prime steers, 1850 lbs and
upwards ...... Observation-Disclosures SC. o0f1 so
Good export steers, 1850 to l,i5O
steers -. ..:..::.......:.:..... $3.50 $40
steers -. ...,.................. 4.75g SIS
Plain fat steers, 1850 lbs and up
wards ......... ...................... 5.5Oa SIS
Plain fat steers, 10oO to l,l50 lbs. $3.50 Ats
lbs 49,. ...:::......:.::: s.75Q Ais
Good feeding steers, 800 to LOO
Medium feeding steers, 500 to 500 80 80
lbs 80. ........................... 5000 S25
Common to good stockers......... 25Jq so
Good choice heifers Inn 8 20
Fair to medium heifers. ............. 3.25t SO
Common light heifers ............... 2.50fl 800
Good to choice cows............-.... $500 %
Fair to medium cows............... 2.9Qd $3.50
Common old cows.................... l50G 275
Veal calves OBSERVATION-DISCLOSURES. 4.5OQ eco
Heavy calves ACKNOWLEDGEMENTS. $500 400
Prime TO fancy export bulls...... 375Q As
Good to choice butcher bulls. ...... 3.25S5 365
Common to fair bulls................ 2.501g 800
Good 10 choice cows and calves. 35.00Q50O0
Common to medium cows and
calves -...... .SO.OOq3 1000
Hogs-Receipts. 3,7c0; shipments, 900 The
receipts of hogs this week show only a
slight change compared with last week and
a decrease of over 1900 compared with the
same week year ago, 5000 compared with
the corresponding week two years ago.
Thus far this year the receipts are nearly
$1,000 larger than the same period last year.
For the week ending yesterday local pack
ers bought a total of Il 163, against ZIG
the preceding week, and %. 436 the same
week a year ago. During the same period
the shipments were 9462, against 5,50S the
preceding week. and 4.254 the corresponding
week a year ago. There has been less
fluctuation in prices OF hogs this week, and
the tendency was toward a higher level in
values. This was chiefly on account of a
considerably increased demand from ship
pers, and when left In packers hands the
market usually was showing weakness. All
week, however the supplies have not been
excessive, and the fact that statesmen main
tanned high average in prices compared
with other places indicates that the trade
here was in a healthy condition. Quite a
number Of good hogs were marketed dur
ing the week, but the quality generally was
not great deal better than the average
recently. At the beginning of the week
there was some reaction in prices, but by
the middle of the week all Of the loss had
been recovered and a gain registered. There
were no important changes in the market
the latter part OF the week, and at the ex-
IRENE close an advance OF 5d10c is indi-
Gated in the average compared with the
close of last week. The extreme price of
the week was s6.75. The receipts to-day
were larger than a week ago and loo
larger than year ago. The quality was
more satisfactory than II has been at any
time this week, and Notwithstanding there
was apparently few shipping orders the
market opened with a good demand from
packers, and the trading from the start
was rather active al fully steady prices
compared with yesterday. II required prac-
tically all of the supply TO complete the re-
quirements of packers, and the early ar
rivals changed hands at morning prices
but statesmen who had few loads arrive
lower. Sales ranged from s. TO $500. and a
small proportion OF the supply sold below
S6.Ol12. Quotations;
Good to choice medium and heavy. IS 25656o
Mixed and heavy packing. ......... 5.9Od6 40
Good to choice light weights. ....... 6.O5G6 -
Common to fair light weights. 59O06 %
common 10 good pigs............... 5.25f5.95
fNOuSHS 0.l0ib0s5
Sheep-Receipts. 200; shipments. .0oO
The marketing of sheep and lambs this
week shows a decrease Of about 1000 com
pared with last week and an increase OF
400 over the same week a year ago and
$500 over the corresponding week two years
ago. Thus far this year the receipts are
nearly 5000 larger than the same period
last year. In harmony with an indicated
weakness in the general trade, the sheep
and lamb market here this week opened
quiet. with q tendency lower. The receipts
were large enough TO meet all the require
ments Of the trade. and statesmen were I'm
no position to dictate prices. Therefore
they were forced 10 meet the terms OF buy
ers in most instances, and the result was a
decline of about 25c in prices. The change
was greatest in the sheep line, and ali
through the week there were occasional
sales Of fancy lambs that look about
steady. The conditions did not change
materially after the first decline. but at