The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-07-14

CATTLE QUIET AND WITHOUT M
PORTANT CHANGE IN PRICES.
Hogs FnirIy Active and Five to Ten
Cents Lowcr-Sheep Sfeady-COn-
dition OF Markets Elsewhere.

UNION sTOCKYARDs, INDIANAPO-
LIS. July 12-Cattle-Receipts. 100; ship
ments. small. Although not liberal the re-
eepits of cattle this week have been up to
expectations Compared with last week
there is a decrease OF 500 and there was
about $50 less than the same week a year
ago. Compared with the corresponding
week two years ago there is an increase of
100. The receipts thus far this year are
nearly $500 larger than :he same period
last year. The week opened with the con-
ditions favoring some Improvement in the
market but dealers were surprised at the
receipt of an excessive supply of undesira-
BILE stock on Tuesday, and to stronger i'm
press shippers with the fact that common
stock is not wanted buyers absolutely
fused to even bid on that class of stock
and most of the supply had TO be carried
over unsold. This seemed to have the de-
sired effect and there was an immediate
falling off In the receipts. Later in the week
choice stock became very scarce which
gave sellers an opportunity to get rid of the
medium arrivals and the pens began to
empty. There was a continued small mar
better outlet for all kinds, but. of course.
the good 20 choice grades were favored.
There was a steadier tendency in values
of ali except the very common cattle after
the beginning of the week and at the close
the good steers were selling usually about
Zoe higher and cows and heifers 10615c
higher than the close of last week. The
clearance for the week was more salts
factory than II has been for some time and
altogether the market was i'm better con-
dition from the sellers point of view than
IL has been for several weeks Steers sold
as high as sS.25 this week, which is the
top price in over twenty years Heifers
and COWS sold as high as $3.50, bulls $50
and calves 81. The receipts to-day were
small. but i'm keeping with the usual re-
quirements of buyers at this time in the
week There was practically no cOmpeti-
ton. therefore, statesmen were not in a
position to dictate prices and were finally
forced to accept less than the same kinds
sold for yesterday. but at that the market
was not materially different from condi-
tions usually prevailing on Saturday. Quo
tationS:
Good to choice steers. 1850 lbs
Piain T fpt steers S50 his and csOoa SO
upward ...:...................... 6.75a $50
steers .......................... ESQ $50
Plain fat loo 10 l,30O-lb steers. 5.75GQ 675
Good to choice 800 TO 1.150-lb steers $500 $50
Plain fat goo to 1,l5O-lb steers: 4.50q $50
Choice feeding steers. 1000 to LOO
Good feeding steers, 900 to LOO lbs 1. 40g az
Medium feeding steers, SOC to 900
lbs ACKNOWLEDGEMENTS. 1000 ABS
Common 10 good stockers $1,000. $500 4 65
Good TO choice heifers ..s.......... 1850 $50
Fair to medium heifers .......... O0I 80
Common to light heifers -......... 3.OO61 8 IS
Good TO choice cows .............. 4.259 SIS
Fair TO medium cows .............. 5000 40
Common old cows -....--.:.-.-..-.. LOCO 2.75
Prime 10 fancy export bulls ...... 1900 500
Good TO choice butcher bulls ...... $50 AS
Common to fair bulls ............... 5000 $50
Veal calves ..-..-..-...-............ $500 $50
Heavy calves ........................ $500 500
Good 10 cholce cows and calves. .35.00q50 90
Common TO medium cows and
calves 20 00d3 80 90
Hogs-Receipts, 500; shipments, 700. Com
bined receipts of hogs this week indicate an
increase of about 5000 over last week. a de-
crease of 45O0 compared with the same
week year ago and slight change COM
pared with the corresponding week two
years ago. Thus far this year the receipts
are over 10000 smaller than the same
period last year. For the week ending yes
terday the leading local packers bought Il
total OF Hap. against S.434 last week and
Il. ~ the same W * a year ago During
the same period tie shipments were ~ s75
against 1855 the preceding week and I5O2
the corresJ- -ng week year ago There
have beer 4requent fluctuations in prices of
hogs this week, and they have been gov
erned to a great extent by the volume Of
requirements from outside sources Pack
ers continue on the bear side of the situa-
ton, and as their requirements are not
liberal they, or course. are averse to fol-
lowing any upward movement in values
On account OF a shift I'm the demand of
shippers from heavy TO light hogs the rela-
tive position in prices OF the two grades ha
chan considerably during the week. and
n .JOT portion OF the week IL has been
easier 10 sell light hogs than the heavfes at
current prices. Not a great many real
heavy moss were we're. marketed ma Ike ed; but quite a
quality generally has been very satisfac-
tory. Together with the change in the
position OF prices OF the different grades,
there has been a lessening in the range in
prices, and at the close OF the week there
is only about soc from the bottom To the
top, while at the close of last week there
was S0c. Last Saturday heavy hogs sold
as high as $50. light $3.50. On Thursday
Seavies were up to $50, and Friday lights
went up TO $40. At the extreme close OF
ne week the top for heavy was $3.50 and
1cr lights S-65- So that the extreme top
for heavy at the close of this week was
the same as at the close of last week and
zoe lower than the high time this week
and the extreme price for light at the close
or this week was &c lower than the high
time and Soc higher than last Saturday.
There was fully an average Saturday run
or hogs to-day, and. together with the late
arrivals held over from yesterday, the sup
ply on sale was nearly 1000 larger than a
week ago and 100 smaller than a year ago.
The market opened with packers pursuing
their waiting policy. and with fewer and
less urgent shipping orders the market was
rather quiet and the bidding was generally
lower. There fair competition at the
start for a few choice corn-fed light hogs,
and IL Is possible that SEASONAL transac-
lions were nearly steady compared with
yesterday Very soon. however, the trad
ing was on lower key, and subsequent
sales. which included the bulk OF the sup
ply. indicated that the market was any
where from &C 70 l0c lower. with the change
principally on the medium - heavy grades.
At the close OF the market there were not
H4Mr EFsrR HFFtHr At
several loads OF good ones averaging
around 20 lbs were held by spectators.
Sales ranged from x.40 10 81 90 and the
bulk OF the supply sold al S76507.S0 Quo
tattOns.
Good 70 choice medium and heavy. 81. 7O6f7. 90
Mixed and heavy packing .......... 75O9l7 *
Good 20 choice light weights. ....... 7.556t7. So
Common to fair light weights...... Ll0g7.50