The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-10-05
TfELIVE STOCK MARKETS
MOST UNSATISFACTORY WEEK OF
THE SEASON IN CATTLE TRADE.
Quotations Show Decline of % To 40
Cents-Hogs Ten Goats Higher Than
ON F'riday-Sheep Quiet.

UNION STOCKYARDS. INDIANAPOLIS. Oct.
S--Catt1e-Recsipts. 200; shipments. 100. The
marketing Of cattle this week has been Of smaller
volume. showing a decrease of about 500
pared with last week, but increase Of nearly
1000 over the same week a year ago. and go
over the corresponding week two years ago. Thus
Ear this year the receipts over q, 900 larger
than the same period last year. and for the
month thus far there is a gain 200
pared with the same period year ago. This
has been week OF trials and tribulations in the
cattle market The trade for some time past has
beer well supplied with cattle OF an ordinary
character. but. notwithstanding this. statesmen
have been reasonably successful in maintaining
prices In a good position. In fact. for a long
time IL has been the general complaint among
buyers that fair 10 medium cattle were selling
higher here than I'm any other market. There
fore. the selling side reluctant this week in
allowing values TO seek their level with other
PLACES With record-breaking receipts In all mar
kets the week opened in a very unsatisfactory
condition. and IL evident that important
changes would take place. Early bids here. as
well - elsewhere. were 50 much below former
prices that sellers did not feel that they would
be justified in accepting them, and the result
was that many cattle of all kinds were carried
over from day to day. Buyers were not inclined
TO change their views. and IL only after the
greatest difficulty that any part OF the supply
some time past. were made up principally OF
cattle lacking quality finish, and. of course
they were suffering most. The situation from a
sellers standpoint gradually grew worse and
finally the time came when they had to accept
buyers terms 20 move the supply. AT first sales
represented q decline of lGc 20 15c but as the
supply accumulated buyers reduced their bids.
and on Thursday the market was generally re-
ported anywhere from Csc to soc lower than the
began TO move more freely. and a large number
Of cattle was transferred en- Thursday. The re-
ceipts on Friday were considerably smaller and
the demand. on account OF there being considera-
ey more country buyers on the market. was in
creased. As a result there was a freer and more
liberal outlet for all kinds OF cattle and the
strictly thick-fat grades Of proper quality and
finish sold TO better advantage than they had ON
preceding days of the week Statesmen however.
were largely responsible fer the increased outlet
because they had become rsconciled to accepting
the low prices and owners who had cattle
here for several days getting anxiou. TO
have them sold. At the close of the week ex-
tremists quoted prices from 1ec to soc lower ac-
cording to the quality. condition and weight of
The cattle Conservative estimates however.
placed the decline for the week at &c TO 4Oc.
the fair to medium grades of course showing
ehs greatest change The greatest trouble this
TO sell below N7s. heifsrs below ss.75 and cows
below So 30. II was not uncommon for statesmen
60 quote the steers that sold from 1915 TO s425
the heifsrs from 50 TO $50, and the cows from
e375 s5s5 fully ssc lower than the close ne
last week Steers that were good enough TO sci,
around IS and above, hsfers good enough to sell
around A9425. and cows good enough to bring
e3.5o6s75 were probably not TO exceed 25c lower
In any case Notwithstanding the wretched con-
ditiou OF the market for other grades of cattle
there has been fair outlet for bulls. and they
did not suffer much change in prices The calf
market was about 25c lower The highest prices
paid this week were SIS for steers $3.50 for
hsifer% SIS for cows. "a for bulls. and S. % for
cslves- Extra good feeders sold as high as s.a
Ato, but II required a very good sort to bring
$L7k very decent kinds sold around So 90 and
ssocksrs TO medium feeders at 81. 5oQ3.49.
The receipts to-day small. and as usual
oe the ctoss OF the week. there was no important
demand for any kind. The supply. however, was
ut isTss. and all that sole brought steady prices
eomDared with the way equal kinds sold yester-
Cay. The clearance for ths week. no doubt was
much bstssr than expected. and the market ap-
pears to be In condition to handle normal re-
oepts In the near future. out II is not advisable
Cor shippers 10 crowd the market again. and IL Is
also best 70 raise the standard OF the consign-
Rsnts in quality and condition. Quotations:
Good to choice steers 1850 lbs and IN