The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-05-25
THE LIVE STOCK MARKETS
CHOICE CATTLE CONTINUE TO SELL
AT PREVIOUS HIGH PRICES.
Weaker-Sheep Steady-COndition
of Markets Elsewhere.

UNION STOCKYARDS. INDIANAPOLIS,
May 4.-Cattle-Receipts light; shipments
small There has been good run of cattle
this week. the total indicating in
crease of $50 over last week, 1000 over
the same week a year ago and over 1,5O0
compared with the corresponding week two
years ago. Thus far this year the receipts
are 2O,4OO larger than the same period last
year. The week opened with prices in
about the same position that they were at
the close of last week and there was no
material change on strictly fat corn-fed
stock the early part of the week. Half
fat and grass-fed cattle, however, show a
greater decline and the demand was con-
siderably reduced. About the middle of
the week, with continued good receipts
there was a weaker tendency in the mar
ket for all kinds of cattle. but strictly
choice stock showed very little change.
The last half Of the week there was quite
a scarcity of desirable grades, which slim
ulated the demand and current prices were
as high as they have been at any time here
tofore this season, while in some instances
at least, heavy steers were considered the
highest of the season. Prices of undesir-
able stock continue to grow weaker, and at
the extreme close of the week they were
selling on a basis of probably soc per 100
pounds lower than last week. There were
no strictly top export cattle represented
during the week, but steers sold as high as
S.25, heifers and COWS $6.25, balls $3.50 and
calves 81 The receipts to-day were small
in fact. hardly equal to average at this
time in the week. The demand, of course,
was not liberal, but fully equal to the sup
ply, and all that met the requirements of
butchers sold promptly at steady prices
compared with yesterday. Quotations:
Good to choice steers, 1850 lbs
and upward ........................ $1,000 $50
Plain fat steers, 1850 lbs and up
ward ......,.....:.:. .............:. $3.50 100
steers ......................... $3.50 ZOO
Plain fat 100 to 1,8OO-lb steers. $50 $50
steers. ....................... $3.50 $50
Plain fat LOCO to 1,l5O-lb steers. $3.50 $50
Choice feeding steers, LOCO to l, 100
Good feeding steers, 900 to LOO
lbs. ...................,... ........... $500 AIS
Medium feeding steers. 500 to 800
lbs............ ..................... 1000 $50
Common TO good stockers.......... 3756 475
Good to choice heifers. ............. $3.50 500
Fair to medium heifers. ........... 4506 SO
Common light heiferS. 325d 4.35
Good to choice cows................ 4750 $50
Fair to medium COws............... $3.50 4.65
common old cows. 150d 800
Veal calves OBSERVATION-DISCLOSURES. 5000 $50
Heavy calves Observation-Disclosures. 5000 500
Prime to fancy export bulls. Also SIS
Good to choice butcher bulls. 4 256 a. SO
Common to fair bulls. ............. 3O06 400
Good to choice cows and calves. 30 00d50.0 90
Common TO medium COWS and
calves 2000d30. 90
Hogs-Recepts, 2,5C0; shipments 500 The
receipts of hogs this week have been of fair
volume. showing an increase of 1900 over
last week, decrease of over 5000 compared
with the same week year ago and in
crease of nearly LOCO over the correspond
ing week two years ago. and thus far this
year the receipts are over 10000 smaller
than the same period last year. For the
week ending yesterday local packers bought
total OF 2993, against 1S7S the preceding
week and 2S,SO6 the same week a year ago.
During the same period the shipments were
AIS against 1882 the preceding week and
| 6,647 the corresponding week a year ago.
There was very little or no change in the
market at the beginning of the week, but
later, with good receipts and quite a fall
Ing off in the demand from outside sources,
values began to decline, and at the low
time were fully lOc lower than the opening
on the best grades, while others were 15d20c
OH. The market braced up some at the
IRENE close of the week, but on account
of limited competition and unfavorable re-
| ports from other places statesmen were I'M
able TO recover much of the loss sustained
earlier in the week. Considering the fact
| that packers had to be depended upon TO
| take practically all of the supply the mar
| ket was by no means unsatisfactory. The
| quality was generally satisfactory, but
| small proportion of the receipts were good
| heavy grades. The highest price paid dur
! ing the week was $40 and the lowest top
] price was $3.50. The receipts to-day were
| 1000 smaller than a week ago, and almost
| that much smaller than a year ago. About
/ the same class of hogs was represented as
| heretofore this week, and therefore the
| quality could not affect the prices to any
/ extent. The market opened with con-
| tinued limited demand from shippers and
on that account packers were not as active
/ as they might otherwise have been. Re
ports from other places also contributed to
/ weaker conditions and it seemed to be the
! intention of buyers to reduce prices here.
| On account of the small supply statesmen
| were holding their consignments for steady
/ prices, and finally succeeded in dsposing
/ of most of the supply on that basis. but
! occasionally decline of &c was reported.
/ Late in the day decidedly weaker feeling
| developed, but practically all of the supply
! had changed hands and prices were not
! changed to any perceptihle extent. A good
! clearance was finally made. Sales ranged
! from $3.50 TO $3.50, and the bulk of the sup
ply sold above S6.75. Quotations:
Good to choice medium and heavy. $zO5a7 80
! Mixed and heavy packing. .......... g. 7OGI7 10
! Good to choice light weights $500. g. 75616 90
! Common TO fair light weights. ..... 6.6OGl6 20
| Common to good pigs................ 6.OOq6 As
RouShS .25GI6 20
Sheep-Receipts light; shipments small.
| There has been a liberal run of sheep and
| lambs TO the market this week The total
| indicates an increase of 600 over last week
| Z, 100 over the same year ago and 200 over
| the corresponding week two years ago and
| they were the largest receipts for a single
| week since Nov. %, 1901. Thus far this year
| the receipts are 10000 larger than the same
| period last year. Notwithstanding the big
| increase in supplies there has been con-
| tinued good demand, especially for fat stock
| and prices have not changed to any con-
| siderable extent on the supply Spring
| lambs as expected as the season advances
| declined. and with poor demand for feed
| ing sheep that class was difficult to sell at
| lower prices. AT the extreme close of the
| week the best sheep and yearlings were
| selling almost as high as at the opening
| while spring lambs and stockers were 25c to
| soc lower. Toward the close of the week it
| was apparent that the requirements of buy
! ers had been very we'll satisfied and with
| less favorable reports from Eastern points
the outlook is not so encoura ging. High
| prices this week were $50 for spring lambs
| 1915 for yearlings and $50 for sheep
| very small number arrived for the market
! to-day and the trading was necessarily
| quiet. but a good clearance was made in
season at Quotably steady prices compared
| with the way equal kinds sold yesterday
| Quotations.
| Good TO choice yearlings. 5.2565. 80
| Common TO medium yearlings...... 4.00d5. p
! Good to choice sheep................. 475d5 p
| Common 10 medium Sheep........... 3.00d4 30
| Stockers and feeding sheep. 200d3. 90
Bucks, per 100 lbs ACKNOWLEDGEMENTS. 3.O0lI4 90
Above quotations are for clipped stock.
| Wool stock not wanted.