The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-08-11
THE LIVE STOCK MARKETS
CATTLE SLOW AND QUIET, AND
WITHOUT IMPORTANT CHANGE.
Hogs i'm Fair Demand and Seven to
Ten Cents Lower-sheep Quiet
Condition of Other Markets.


Aug. y.-Cattle-RccelptS, 70 Shipments /
$50. This weeks receipts Of cattle |
have been OF fair volume but show |
a decrease OF over 400 compared with last |
week, and nearly 200 compared with the
same week a year ago. and an increase Oh
1.5O0 over the corresponding week two years
ago. Thus far this year the receipts are
about 100 larger than the same period
last year. In a general way the market tins
week has been about as statesmen anucl-
pated. There has been a continued scarcity
of strictly choice stock of all kinds and
fully steady 10 firm prices were maintained
for that class, but the less desirable grades
and good medium cattle have been plenu-
full and a gradual weaker tendency resulted
In reduction of at least 25c in values com
pared with the close of last week. The
medium cows and heifers were possibly
weaker than most any other kind OF cattle
but there was also very duh market Tor
ordinary stOckers and feeding cattle. The
demand for the good sJOckers and feeders
at the beginning Of the week was hardly
I'D TO the expectations, but there was
some Improvement later in the week and
sales We're usually on basis Of former
prices or rather about equal 10 those cur
rent at the close of last week. The demand
from killers has not been liberal and only
for the demand for feeding stock the
medium class of cattle no doubt would have
suffered more than they did. Extreme
prices this week were $3.50 for native steers.
S525 for fed Texas, $500 for cows and
heifers. $3.50 for bulls and 1913 for calves.
1t IS important TO note however. that COM
paratlvely few steers have been good
enough to sell above 81 90. not many heifers
above $40 and small proportion of the
continued limited and slow demand for
heavy bulls but the lighter grades
have Jared tolerably well on account
Of the demand from feeders. There
were very few fresh arrivals this morning
consequently there was nothing to interest
buyers in The market and the trading was
slow and quiet at quotably unchanged
prices compared with the way equal kinds
sold yesterday Quotations:
Good to choice steers. 1856 lbs and
Plain fat steers. 1850 lbs and up ''''9 ''
wards. .............. -. $500 7S5
Good to choice 1900 TO 1900 Id steers 6.5O8 rs
Plain fat 1900 to 1900 10 steers. 5.5OG1 $50
Good to choice 900 TO 1150 Id steers $50 600
Plain fat 500 to 1150 10 steers .... 45OQ as
lbs ...:..-.... -. ............ 5.OOa 525
Good teeding steers, 900 to hoo lbs 4.50Q 800
Medium feeding steers. 500 TO 900
lbs .;.:....;;...... ...... 1000 $50
Common TO good stockers $500 $50
Good 10 choice heifers ............ $500 SIS
FAR TO medium heifers ........---. $3.50 4.4O
Common light heifers .............. 5000 $50
Good 10 choice COWS ........... -. 4.25Q 5.25
Fair to medium cows. ........ 3 OOGD a 90
Gamers and cutters ...............I. OO6I 275
Prime 10 fancy export bulls ..... 4.5OlD AS
Good to choice butcher bulls. 3750 425
Common TO fair bulls .......... -. 5000 $50
neaI caves ............... .......... 5000 6.75
heavy calves ACKNOWLEDGEMENTS. $500 $50
Good to choice cows and calves 25 OOa5O 90
Common to medium cows and
caves ...--.......... .......... 20 00Q30. 90
Hogs-Receipts. 1000: shipments. $50 The
marketing OF hogs this week has been of
only fair volume, the total indicating a de-
crease of over 5000 compared with last
week, 1900 compared with the same week
year ago and over 1000 compared with the
corresponding week two years ago. Thus
Tar this year there is a decrease of nearly
. $4,000 compared with the same period last
year. For the week ending yesterday the
leading local packers bought a total of 10
I4l. against 800 the preceding week and
21,472 the same week a year ago Durinp
the same period the shipments were 500
against SO the preceding EEK and 13 300
the corresponding week year ago With
one exception there has been decline in
prices every day this week and at the close
OF the week, when prices were the lowest
the feeling was decidedly the weakest
While there were a few dealers earlier in
the week that believed the market might
react some. the opinions at the close of the
week were practically entirely favoring a
continued slump In the market. Occasion
ally dealer can be found who predicts
short supplies for the next few months but
II seemed TO be the general opinion that
there are enough hogs to meet the require
ments at the high prices prevailing In
fact, TO use a common expression il NAV
be said that practically all of the bulls on
the hogs situation have been dehOrned The
quality generally continues of high stand
ard and II appears that fancy light hogs
are becoming scarce. Since Wednesday ire
market has declined about 25c for an AYR
age. and there is about the same difference
TO note compared with the close OF last
week. The range in prices has not changed
materially and heavy hogs are selling at
about the same premium over lights that
they were week ago. The highest price
paid this week was $40 and at the close
of the week $745 represented the ton The
receipts to-day We're small for a Saturday
market and show decrease of over 500
NIT oil
compared with a year ago. With evidently
n limited number of shipping orders i'm The
hands of buyers and other places reported
lower the market opened with the bidding
lower here but consistent. Consequently "A
trading basis was arranged rather early.
and with packers the leading buyers the
offerings changed hands promptly enough
and clearance was made in good season.
In a general way the market was reported
&C lower than yesterday. but there were
probably occasional sales that represented
7i9dlOc decline. There was not a complete
variety of grades represented. and there
fore the extremes could not be established
by sales. The range was from S7.20 10 s.. 10.
and most of the supply sold at $7.25Q7.SO
Quotations:
Good TO choice medium to heavy 81 30G745
Mixed and heavy packing......... 200 32i :
Good to choice light weights. ..... 725G7 32iL
Common to fair light weights. 1907 %
Inferior 10 best pigs...-....-.-..... 575d7OO
ROughs and gs................... 650G70O
Sheep-Receipts small; shipments none.
have been comparatively small, showing a
decrease OF nearly 200 compared with last
week almost 2.609 compared with the same
week year ago and over 500 compared
with the corresponding week two years ago
Thus far this year the receipts are less
than 200 larger than the same period last
year. while the first Of July the Increase
was nearly 1900 There was very little
change in prices at the beginning OF the
week but later on account of quite a fall
ing OF in the requirements from outside
sources a decidedly weaker tendency de-
veloped In the market for lambs and az the
extreme close OF the week they We're sell
ing usually about soc lower than the close
Of last week. Good sheep continue scarce
and on that account about steady prices
were maintained throughout tho week
There was very little change 10 note in the
market for stockers and feeding sheen
The market after Tuesday was benented
by more than an ordinary demand from
butchers. The highest prices reported This
week were $50 FOR lambs. while al the
close 8 was about the top and sheen sold
as hish as S360d3.75. although $3.50 was
usually considered the top. There were