The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-08-18
THE LIVE STOCK MARKETS
CATTLE QUIET AND WITHOUT M
PORTANT CHANGE N PRICES.
Hogs FairIy Active and n Trifle High
er-sheep Quiet and steady Con-
ditiOn of other Markets.
UNION sTocKYARDs. INDIANAPOLIS,

UNION STOCKYARDS, INDIANAPOLIS,
Aug 6.-Cattle-Receipts. 300; shipments
small. There has been a fair run Of cattle
this week. the total showing a decrease Of
less than zoo compared with last week, over
GO compared with the same week a year
ago and a little Improvement over the cor
responding week two years ago. The re-
ceipts thus far this year are over 10000
larger than the same period last year. This
has been another week OF unimportant
changes in the market. OF course prices
have flucutated a little but there were
very few II any permanent changes Most
of the time there has been a tendency TO
discriminate against the undesirable cattle
in favor of the better grades and occasion
ally the best sort were considered higher
and others lower, but whenever the supply
and demand were about equal the market
usually was steady 1t is important to note
that there are very few strictly choice cat
lie being marketed and none in the export
steer line have been good enough to com
mand the full strength Of the market, al
though some prices were considerably
higher than any have sold for few weeks.
The market for common to medium cattle
OF all KINDS is very sensitive and it is i'm
pc ssiOle Ia maintain values on a uniform
basis The greater part Of the week there
was very fair demand for stOckers and
FEEDERS OF good quality from professional
buyers. but the inquiry from country buy
ers has not been up to expectations. Most
dealers are expecting a continued steady
market for the good stock in the near flu
ture- The highest prices reported this week
were $40 for export steers, So for heifers,
$50 for cows. $3.50 for bulls and ST for
hoe hFs Hraff 81 Il
Inand FOR heavy butcher bulls and they
have sold usually at unsatisfactory prices,
but the good feeding bulls have been steady.
The calf market for average has ad-
Vdnced ABOUT soc this week. The receipts to-
day were larger than the average at this
tine n II week, but there were very few
native cattle In the supply and the ar
rivals were principally Westerns and
Texans. Most Of the offerings were a class
Of stock that buyers had been pretty well
supplied with heretofore this week, conse-
quently they were not inclined TO bid what
statesmen considered the market value and
there was no life in the trade. II required
considerable time TO transfer the consign-
neuts, but at a late hour most Of the sup
ply had changed hands and the market for
the week closed with comparatively few
cattle in the pens uDsold. Sales included 964-
pound native steers at &.T5 and 962-pOund
quarantine cattle at A-25. Native heifers
sold at S4d460 and Westerns at s.. 75d4.
Native cows sold al S3d450 and Western at
S325IfS. -. The calf market was strong to
Good 10 choice steers 1850 lbs and
upwards $500 500
Plain fat steers, 1850 lbs and up
Good IuT 10 choice 200 to i.ac6-l6 o'oO4 100
steers ACKNOWLEDGEMENTS. b.5OU I.25
Plain fat 1.20O to l.SOO-lb steers. $500 $50
steers i =. 525a 600
plain tat go 70 1I5O-lb steers. 4.50a So
lbs ..1.- s - -. -, 5000 SIS
los NEUTRALITY-SUSPICIOUS. 1900 500
Medium feeding steers. 500 to 900
lbs 4O0U 4.5O
Common TO good stockers......... 3.50q $50
Good to choice hefers. .............- $500 $50
Fair TO medium heifers.--..........S .750 40
Common light eifers............... 3.001 $50
Good to choice cOws............-... Asa 5.35
Fair to medium cOws.............. 5000 400
Gamers and cutters ...-...........1 LOG 2. 70
Prime &c fancy export bulls...... 4.50fI T. 10
Good to choice butcher bulls. $3.50 %
Common TO fair bulls. ...........,. 5000 $50
Veal calves. 5000 700
Heavy alves...................... S.5O0t $50
Good to choice COWS and calves. 81. OOCd5O. 90
Common TO medium cows and
calves ..-........-...-.--....-. 20 Goa 90
HOgs-Receipts, $500, shipments. 500 The
receipts of hogs this week have been more
liberal. the total showing an increase of
nearly 5000 over last week. but q decrease
OF over 1900 compared with the same week
year ago and an Increase of 1000 over the
cores Onding week TWO years ago. Thus
far this year the receipts are over 1926
smaller than the same period last year
For the week ending yesterday the leading
local packers bought a total of 10, 1S2 against
1911 the preceding week and 26l6 the
same week year ago During the same
period the shipments were 5,l5S against
1866 the preceding week and IL 154 the
corresponding week a year ago. 1t has
been many days since prices of hogs tum-
bled 10 :he extent they have this week
IL seemed that all conditions favored the
buying side and the opportunity was ripe
to put values on a lower level. On ac-
count OF the comparatively high prices pre-
vailing here at the beginning of the week
compared with other markets, shippers
were unable TO get great many orders
and this, OF course. added weakness to
the situation. IL must be admitted how
ever. that packers have been very reason
aOle buyers all week and they purchased
more hogs than they have since the week
ending June 21- Although saSesmen were
forced 10 accept unusual reductions they
did not become panicky and no really de-
moralizing features developed Each day
after a trading basis had been arransed
the market was active and satisfactory
clearances We're made with little or nc
further change in prices compared with the
opening. In other words, IL may be said
that at the decline In prices there has
been a satisfactory market this week The
break began on Tuesday and In four days
the average had been reduced TO between
soc and COO per 100 pounds, but at the ex-
IRENE close of the week there was a slight
reaction which left values on a basis OF
about soc per 100 pounds lower than the
average at the close OF last week. The
decline I'm a little over two weeks or since
July 81 has been almost 81 per 100 pounds
The top price at the high time this week
was SIS and at the low time S6:92Ib. Tn,
receipts to-day were just fair. being a lit.
tie larger than a week ago, but over 90
smaller than a year ago. Practically al
grades We're represented and the quality
was equal 10 the average recently. Follow.
ing a shade better feeling in the marke
at the extreme close yesterday and no un
favorable reports from other places thi:
morning the market opened with very fail
competition between buyers and statesmen
were asking an advance in prices. III did
not take long 10 establish basis for on
erations and almost from the start witt
packers liberal buyers and a fair denant
from other sources the offerings wer,
changing hands promptly and sales ind
cate that prices We're strong TO 7Ikc highel
than yesterday and u seemed to be tn,
general opinion that the average could b,
considered sc higher. good clearance
was made early and the market close,
steady. Ordinary grassers 10 best heav,
h0e,s sold from S6.35Q7. and a very larg,
proportion Of the supply sold above S. ~
Quotations;
Good 10 choice medium 70 heavy Sc S5l77 a
Mixed and heavy packing. ........... 6.655I6 .
Good TO choice light weights 49,. s. 756i6 (
common 20 fair light weights 6.255ls
Inferior 70 best plgs---....-.......... 5.OO5I6 5
Roughs and stags..................... 6.OCGG {
sheep-Recelpts. 100: shipments small
The receipts OF sheep and lambs this wecI
have been about up 20 expectations. m,
total showing an Increase OF 400 over las
week but decrease OF about 800 comma r.,
with the same week n year ago md 10
compared with the corresponding week w,