The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-11-15
THE LIVE STOCK MARKETS
CATTLE QUIET AND STEADY, CONDI-
TIONS SLIGHTLY IMPROVED.
Hogs i'm Moderate Demand and Ten to
Fifteen Cents LOwer-Sheep steady
Markets Elsewhere.

UNION STOCKYARDS. INDIANAPOLIS, Nov.
H.-Cattle-Receipts, goo. Shipments small. The
marketing of cattle this week has been of smaller
volume at all places, and the receipts here are
zoo smaller than last week. 400 larger than the
same week a year ago, and a shade smaller IMAM
the corresponding time two years ago. Thus FAR
this year the receipts are over 200 larger than
the same period last year. and for the month
thus far there is a gain of over 1850 compared
with the same period a year ago. Although the
receipts this week were small. the supplies gem
orally were fully equal to the demand, and no
doubt fully as large as expected by most dealers.
The market had got in such a condition that 1t
became necessary to reduce the receipts before
there could be any possible chance of lettering
the situation. 1t required several weeks TO con-
vince shippers Of this, but continued Improbable
shipments no doubt were the best argument
given. The rally in the market this week has
not been up to expectations, but the situation
has proven that smaller receipts are necessary to
enable statesmen to advance prices. No doubt
there would have been more satisfactory results
with smaller supplies than were received. The
early part of the week a gain Of around 10c to
15c was made in prices Of practically all fat
stock. but no further advance could be made be-
cause supplies were equal to the demand. At the
extreme close Of the week, however. there were
no doubt sales, especially in the female butcher
line. that represented a gain of 2c in prices. 1t
was observed throughout the week that the handy
weight cattle Of all kinds sold to better advan-
tage than others. and big heavy plain cattle were
probably the most neglected. A class of butcher
stock that sold from s3.25 to "a last week also
made a very fair gain this week. In nearly all
departments a good advance was obtained for an
extreme over last weeks top prices. but this
was partially due to some Improvement in quail
ity. Steers sold up to $3.50, heifers to $3.50, and
cows to s.. 80. but there were not many steers
good enough to bring over $4.75. heifers over 81.
or cows over 1925. There has been very little
change in the bull market. and the calf market
has been very irregular, but somewhat excited,
and closed with a good gain In prices for the
week. The outlet for feeding stock this week
has been a little better than heretofore. and
prices Of the best selected have had a strong ten
dency, but there was no considerable improve
ment In a general way. At present the condition
OF the market appears to be healthier than for
some time past, but this can be maintained only
by the efforts Of country shippers in preventing
another crowded market. Indeed. 1T is dangerous
to increase the receipts to any great extent. and
the market will probably be benefited by a con-
tinuance of moderate receipts. There were not
many fresh arrivals to-day, but a few cattle car
ried over from yesterday made the supply on
week. AS usual on Saturday, there was no urgent
request for most of the cattle offered. but a fair
demand that made 1t possible for sellers to secure
~quotably steady prices compared with yesterday.
Quotations.: