The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-06-03
STOCK MARKETS
CATTLE SCARCE, A SMALL SUPPLY
SELLING AT STRONG PRICES.
Hogs Dull and Generally About Ten
Cents Lower-Sheep Steady-Con-
dition of Other Markets.
UNION sTocKYARDs. INDIANAPOLIS.

UNION STOCKYARDS, INDIANAPOLIS,
June 2-Cattle-Receipts, 80; shipments
none. The receipts of cattle were a little
larger than the average at this time in the
week recently, but the quality was not per-
ceptibly improved compared with the aver
age at this time in the week. All of the
different grades. of course. were not repre-
scented, and there were hardly enough in
any line to establish range in price. Re
ports from other places indicate that the
trade is in a healthy condition, and, al
though on account of limited competition,
statesmen here were unable to advance
prices TO any quotable extent they sue
ceeded in getting strong figures compared
with those current for equal kinds at the
close Of last week. Information from coun-
try points indicates that the available sup
ply OF strictly corn-fed cattle will be small
for the present. and most dealers have
very hopeful view of the developments In
the next few days. They do not believe,
however, that there will be any improve
ment in the market for the less desirable
cattle, which includes the CRASHED and un-
finished grades Quotations.:
Good to choice steers, 1850 lbs
and upward encouragement $500 7.35
Plain fat steers. 1850 lbs and
steers Northumberland. $500 SIS
Plain fat 100 to 1,30o-lb steers. 6.154 $50
Good to choice 1000 to 1,150-lb
steers ............................. o.cOU b.0U
Plain fat 1000 to ll5O-lb steers. $3.50 SIS
lbs ................................. 4759 SIS
lbs ......................... 45O9 AS
Medium feeding steers, 500 to 900
lbs ........................... 1000 $50
Common to good stockers.......... $3.50 AS
Good to choice hefers. ............ $50 SIS
Fair to medium heifers ............. $500 500
Common light heifers. ............. 3.25G 4.35
Good 10 choice cows................ Asa $50
Fair to medium cows.-..--.--..-.. 3-25GI 400
Common old cows................... 1900 800
Veal calves NEUTRALITY-SUSPICIOUS.. 5000 $50
Heavy calves Observation-Disclosures. 5000 500
Prime to fancy export bulls...... Asa SIS
Good to choice butcher bulls..... 425G 465
Common to fair bulls. 5000 400
Good to choice cows and calves. 35.00g50.OO
Common 10 medium cows and
GogssReceipts $500; shipments fSOO none.
The receipts Of hogs to-day were unusually
large for a Monday market. being about
the same as last Saturday, almost three
times as large as week ago. nearly twice
as large as year ago, and the largest re-
ceipts at this time in the week since Dec.
%, 1901 The abnormal supply was of itself
weakenig factor, but, together with this,
opening here was characterized by very
sluggish bidding at sharply reduced prices
Packers were practically alone in the mar
ket, and therefore statesmen were not in a
position to dictate prices. They were in a
measure independent. however, and posi-
lively refused to transfer their consign-
ments at the early bids. Therefore il took
long time to establish a basis for opera
lions. but finally. at prices ranging from &c
to 15c lower, with the average about 10c
below Saturday, the offerings were chang
ing hands slowly, and, after very hard
work, statesmen finally succeeded in MAX
ing clearance. The close was quiet, and
without considerable Improvement in the
demand from outside sources the outlook
is not very encouraging TO sa4esmen. The
range in prices to-day was from ZOO
7.35. and a large portion OF the supply sold
above $685.. Quotations:
Good to choice medium and heavy. s.. O56I7. 80
Mixed and heavy packing. .......... 6. S0ll7.1 10
Good to choice light weights. .. g. SOGIT 90
Common to fair light weights. 6. 7OlI6. 70
Common to good pigs. 6.0oGl6. 10
foushS '........-.....s..'...---. oIoQo.oO
Sheep-Recepts. 100; shipments none.
About the average Monday run of sheep
and lambs arrived for the market to-day
and although there were not enough to
establish range in prices for any grade,
sales were considered steady, compared
with prices current at the close of last
week. Local butchers took the supply, and
all were promptly sold. Spring lambs were
reported ar s5Q6. clipped sheep at S450Q5.
Quotations:
spring iaInps .So.OOQ6.5O
Good to choice yearlings .......... ). 00lI5. 80