The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-06-28
THELIVE STOCK MARKETS
CATTLE DULL AND WEAKER, AND
THE OUTLOOK Is NOT PROMISING.
Hogs Weak and Five to Ten Cents
LOwer-Sheep Quiet and Steady
Condition of other Markets.

UNION STOCKYARDS. INDIANAPOLIS. June
27.-Catte-Receipts. 400; shipments small. The
marketing OF cattle this week has been compare
lively liberal but included considerable stock
billed through The total receipts indicate a
gain Of 500 over last week. $500 over the same
week year and nearly 2. 200 over the cor
responding week two years ago. Thus far this
year the receipts nearly 5000 larger than the
same period last year. and for the month thus
far there Is gain Of over 5000 compared with
the same period a year ago.
On account of the Indifferent demand. which
resulted in very uneven prices. 1t has been ex-
ceedingly difficult outline the conditions ac-
cu-ately this week At the beginning of the
week the market influenced by moderate
receipts here and elsewhere. and an advance OF
l0c to l5c was made in values. This stimulated
the marketing. and by the middle of the week
the supplies were larger than required. and all
of the early gain in prices was soon lost From
Wednesday until the close of the week cattle
that were thick-fat of prime quality and not too
heavy sold comparatively satisfactory prices.
but all other grades very difficult to sell,
and, while there not much II any reduction
in prices. the market was very unsatisfactory to
sellers because 1t impossible at all times to
sell the grades of cattle at uniform prices.
1t frequently happened that statesmen would price
two or more loads that apparently were equal In
quality and fat at the price. but buyers
could difference and would only buy one
load out of the lot This indicates how exceed
ingly particular they were. Another thing that
contributed to a slow market the fact that
owners. in many cases, could not realize the
first cost for the cattle. and. of course they were
reluctant in allowing them TO SELL 1t was evil
dent that all local houses were well supplied. and
this made them more particular than usual in
making their selections. The demand for stock
and feeding cattle has been quite limited.
due the fact that feeders were too busy with
their farm work to come to market, and. OF
course. under such circumstances professional
buyers did to load up" While the
position in prices yesterday for all kinds except.
possibly heifers and feeting cattle was not
changed to a great extent compared with the
close of last week, the conditions prevailing are
not very encouraging to feeders and statesmen
The busy season for Texas and Western cattle
is approaching. and this. usual. will affect
the market for native stock. 1t is believed, how
ever. that all thick-fat cattle OF prime quality
ard heavy will sell at comparatively sat
isfactory prices. 1t Is observed that there was
more discrimination against the grass cattle this
week than there has been heretofore. and 1t is
naturally expected that greater difference will
be made as the season advances. The highest
prices paid this week were $5.l5 for fat steers,
$50 for feeders $475 for heifers. A.25 for cows.
50. 80 for bulls. and $3.50 for calves.
The receipts to-day were larger than usual at
this time in the week. and no doubt larger than
expected Local packing houses, being well sup
piled. practically out of the market. and
with no outside demand business was at a stand
still few butcher cattle were transferred at
about yesterdays prices. but very large per-
centage of the supply. including several cattle
carried from yesterday. could not have been
sold except at sacrifice in prices. which sales
men did not believe they would be justified in
making Quotations: