The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-06-13
THE LIVESTOCK MARKETS
CATTLE IN LARGE SUPPLY, WITH A
DECLINE IN SOME GRADES.
Hogs i'm Fair Demand and n Tribe
HiEher-sheeP Slightly Weaker
Condition of other Markets.

UNION sToCKYARDs. INDIANAPOLIS.
June 2.-Cattle-Receipts, 1,45O; shipments.
300 There is an increase in the receipts of
cattle, the total thus far this week being
fully zoo larger than the same time last
week and 1.6Oo larger than the correspond
ing time year ago. The receipts to-day
were coo larger than a week ago and over
500 larger than year ago. Nearly all kinds
except the best export steers were repre-
sented. and the quality generally was not
much different from the average heretofore
this week. a large proportion of the arrivals
being OF only fair to medium quality. On
account Of the liberal supply the market
naturally opened with a weaker feeling pre-
vaiing. and buyers no doubt were expecting
lower prices for all kinds. The great search
~ OF good steers, however, was responsible
for reasonably active competition and quot
ably steady prices in that line. The market
for female cattle OF all kinds, If possible.
was more uneven than it has been at any
time heretofore, and therefore statesmen
were divided In their opinion as to the con-
ditions existing. 1t generally believed,
however, that even the good stock showed
weaker tendency. and other grades were
generally considered unevenly lower. AS
usual IOT SUITS lAlics OONdSloiidl lAdliSdC-
tions seemed almost steady. while in other
instances bids were believed to be as much
as soc lower There is one thing sure. that
the unsettled condition of affairs makes it
important that shippers should be very
careful in buying in the country and allow
ample margin to provide for any sudden
changes. It is. of course. expected that the
common stock will continue to decline, and
l., 80
stock there is hope for a steady market
in that line. There was very moderate de-
mand for stockers and feeders to-day. and
most transactions represented lower prices
than yesterday. The top price for steers to-
day was $685.. heifers sold as high as Sc.
and cows at $5.25. Quotations:
Good TO choice steers, 1850 lbs
and upward. ................. s7IOQ $50
Plain fat steers. 1850 lbs and up
Good to choice 100 to 1.SO0-lb
Steers. ............... $3.50 7.l5
Plain fat LOO TO ,S0o-lb steers $3.50 So
Good TO choice 1000 to 1,15o-lb
Plain fat 900 TO i.150-Ib steers. 5259 500
Choice feeding steers, 1000 to LOO
Good feeding. steers. 900 to 100 lbs 4.5Og AS
Medium feeding steers, 500 TO go
Common to good stockers. $50 AS
Good TO choice heifers .............. 5000 5. 75
Fair to medium heifers. $500 500
Common light heifers. $3.50 4.35
Good 10 choice cows................ 1850 $50
Fair to medium Cows.............. 325G $50
Common old cows................... 1.50d 800
Prime to fancy export bulls. 4.656I 500
Good TO choice butcher bulls. 4.256 $50
Common 10 fair buils.............. 5000 400
Heavy calves 5000 800
Good to choice cows and calves. s5.OOg50 90
Common 20 medium cows and
calves ZO.OOltS0.OO
Hogs-Receipts, $500; shipments 1000.
The marketing OF hogs thus far this week
shows a decrease OF 1900 compared with the
same time last week and about $500 COM
pared with the corresponding time a year
ago The receipts to-day were a little
iarger than week ago and about the same
as a year ago. The supply was not -exces-
sive and the quality for an average was
probably better than it has been for several
days The market opened with fair compe-
utiOn between packers and shippers for
certain grades. and for such kinds sales
were usually at steady TO higher prices.
On the kind Tor which there WAS very little
competition the market was more irregular
and the average was probably not quite as
satisfactory as yesterday There is less
competition and consequently more dis
criminatlon against mixed loads and they
are showing the most weakness in the mar
ket While the shipping demand was
little better than recently IL was by no
means liberal. and statesmen had TO depend
upon packers 10 take the supply After a
basis for operations had been established
good clearance had been made az the close
The best sales were probably not 10 exceed
O. higher than yesterday. and IL is not un-
likely that. some OF the mixed hogs SOLD
O. lower Sales ranged from S. 756750 and
small proportion OF the supply sold be-
low S6.95. Quotations:
Good 10 choice medium and heavy. 81 20F77 so
Mixed and heavy packing. .......... 8 g507 Is
Good 10 choice light weights. ....... 6 g5fi7 10
Common 20 fair light weights .... g. 1903 20
Common 10 good pigs................ 8 75a6 Is
kougns b.25Il6s0
Sheep-Receipts. 30: shipments. 500 Com
bined receipts OF sheep and lambs for four
DAYS show little change compared with
the same time last week and an increase Of
fully 20 over the corresponding time a
year ago. In sympathy with unfaVora bic
markets reported from other places. the
market opened with buyers bidding lower
prices for practically ali kinds, but there
seemed 10 be greater weakness In the mar
ket Cor lambs than sheep. A few choice
kinds were offered and sold at the start at
nearly steady prices. but practically all
sales. after the first round. were consid-