The Indianapolis journal., 1902-08-04
THE LIVE STOCK MARKETS
CATTLE QUIET, BUT PRICES WERE
CONSIDERED ABOUT STEADY.
Hogs Dull and Ten to Fifteen Cents
Lower-Sheep Steady-COnditiOn
of Markets Elsewhere.


UNION STOCKYARDS, INDIANAPO-
LIS. Aug. 2.-Cattle-Receipts, 300; ship
ments, $50. The receipts of cattle this week
show an increase of about go over last
week, decrease of over 500 compared with
the same week a year ago and an increase
OF LOO over the corresponding week two
years ago. Thus far this year the receipts
are over $4,000 larger than the same period
last year. There has been little quotable
change or improvement in values this week
Supplies of good cattle, that is, a class that
met the requirements of buyers in weight
quality and fat have been small and it has
been possible to secure satisfactory prices
for that class all week. In fact in certain
lines the tendency was stronger at times,
but the improvement was not sufficient to
warrant an advance in quotations. Buyers
throughout the week were unable to exc
cute orders for the best export steers on
account of the absence of that class Local
Killers have been rather active buyers for
all the good heavy female cattle and there
were numerous complaints of being unable
10 get as many as wanted. The marketing
or Texas cattle was not liberal but in har-
mony with other places the market suf-
ferred a decline of about l5c in prices II
has been just difficult TO sell undesirable
cattle all week as IL ever was, and there
was great deal of complaint on account of
the slow outlet for that class. but after all
buyers did not succeed in reducing values to
any great extent. OF course there were a
number of instances where sales were no
doubt lower, but a the close of the week
statesmen admitted that there had been very
little change in prices in a general way
The demand for stockers and feeding cattle
was below eXpecta uonS, and il was very
difficult 10 negotiate sales at prices on
level with those current last week The
highest prices reported this week were S. so
for one steer. $3.50 for loads, $460 for Texas
cattle, $3.50 for cows and heifers, S4.75 for
bulls and 81 for calves. The receipts to-day
were as large as expected at this time in the
week and as usual on Saturday majority
OF the arrivals were female butcher cattle
and stockers and feeders. OF course there
was no really urgent demand from any
quarter but local killers wanted all the fat
stock and that class sold promptly enough
at yesterdays prices. Less desira BILE cattle
moved slowly, but a very fair clearance
was finally made. Representative sales
indicate the class of stock on the market
Quotations:
Good to choice steers, 1850 lbs and
upward g IS 90
Plain fat steers, 1850 lbs and up
ward ...:............................ s.5Oa 7.S5
steers ....,...........'...... s.5Oa 7.25
Plain fat LOO to 1,S00 steers....... $500 $50
Good to choice 800 TO 1,15o-lb steers $3.50 6 Is
Plain fat 900 TO 1,150-lb steers. 4.5Ol1 25
lbs ................ 5Ooa SIS
5000 feedlng steers, 800 to 100 lbs 4.5O8 500
Medium feeding steers, 500 TO 900
lbs ........................ 4oO0 4.5O
Common to good stockers. $500 465
Good to choice heifers 475lD s. IS
Fair TO medium heifers. ............ 375lD 4 50
Common light heifers. 3.O03 g so
Good TO choice cows................ 1900 {. 30
Far to medium cows............... 5000 AS
Common old cows. L00a 2.75
Prime to fancy export bulls. 5OG1 4 75
Good to choice butcher bulls ...... 3.75Q 435
common TO Ialr DuIls........-...... 3.O0tJ $50
veal calves .......................... 5.0Od $50
Heavy calves -.---.-.---....-..-..... $500 $50
Good to choice cows and calves. Sc. .OO6iJO %
Common 10 medium cows and
calves .00G30 90
Hogs-Receipts $500; shipments. 500. The
receipts of hogs have been of fair volume
this week, the total indicating an Increase
OF fully $500 over last week a decrease
of over 1000 compared with the same week
a year ago and a little Improvement over
the corresponding week two years ago
Thus far this year the receipts are over
125,0O0 smaller than the same period last
year. For the week ending yesterday the
leading local packers bought a total Of
2,665 hogs. against /, ,G33 the preceding week
and 1920 the same week a year ago Dur
ing the same period the shipments We're
e.Zz9, against sZl' the preceding week and
l,26l the corresponding week a year ago
The week opened with little stronger ten
dency in values, but IL was only temporary
and since Monday there has been a gradual
A kqf
has been the continued good demand from
all sources for the choice light hogs and
the result Is smaller margin between
prices of that class and medium to heavy
grades than there has been for a long time
In fact, at the extreme close Of the week
the best light hogs and good mediums were
selling in practically the same notch. and
il was observed that the light hogs wore
the easiest 10 sell at prevailing prices
There has been a lack of competition in tbe
market for big hogs all week and usually
they were neglected until the last thing in
the day The highest price quoted for
heavy hogs this week was 81. on Monday
and at the extreme close of the week s.. q
the best price paid for 26s-pound aver
age. Light hogs sold as high as S7.75 at tho
beginning of the week. and at the close s.. 3
was practically the top The quality this
week has been uniformly good and ths
different grades have been very well repre-
sented at all times. The receipts TO-DAY
We're nearly LOCO larger than week agC
and about 300 smaller than a year ago
The market opened with less inquiry from
shippers than there has been for severa
days past, and packers, apparently eagel
for an opportunity 10 break prices Wer,
bidding considerably lower. As a result i
took some time 10 arrange a trading basis
but the conditions were such as 10 rendel
statesmen helpless and they We're finally
/ forced 10 accept buyers terms, and a salts
/ factory clearance was finally made al 100
| l5c decline in prices compared with yester
/ day. Ii appears that the good weight hog,
again showed the least strength, but as
I rule light weights were anyway 1Oc lower
\ The way the market acted yesterday sales
\ men probably expected 10 have 10 tax,
/ lower prices to-day. but the extent OF tn
decline no doubt surprising. and indi
Gates that buyers. especially packers, wi.
| make use OF every opportunity IN the nea
4 future 10 put values on "A lower level. Sale
ranged from S7.3o 10 $40, and there wer
more hogs sold al $50 than any othe
price, although there were quite a numbe
! at S7.5211Q760
sheep-Receipts. 100; shipments none. Thi
weeks receipts OF sheep and lambs haN
been OF fair volume. showing an increas