The Indianapolis journal., 1903-08-16
THE LIVESTOCK MARKETS
CATTLE STEADY AND THE OUTLOOK
A TRIFLE MORE ENCOURAGING.
Hogs Fairly Active and About Five
Cents Higher-Sheep Steady-Con-
dition of Other Markets.

UNION SToCKYARDS, INDIANAPOLIS, Aug.
15.-Cattle-Recepts. $50; shipments. 100. The
receipts of cattle this week indicate a decrease
of 1000 compared with last week. but in
crease of 200 over the week year ago.
and $50 over the corresponding week two years
ago. Thus far this week the receipts
nearly 14.OOO larger than the same period last
year, and for the month thus far there is gain
of nearly 400 compared with the same period
year ago.
There were a few new developments in the cat
tie market this week but the results at all times
have been up to the expectations of sellers
With liberal receipts elsewhere and quite a num-
Der of stale cattle here the week opened with the
outlook anything but encouraging the selling
side, and. in fact. the initial market Of the week
was slow. with most sales showing some change
in prices from the close of last week. On Tues
day the market about steady for the best
selections, but on Wednesday there another
dull trade especially for good steers. AT this
| time the reduced supplies began to have some
| effect on the market, and latter half Of the
| week values Of fat steers were advanced. and
closing prices of the week In much the
| same position that they at the close Of last
| week Medium cattle drug on the market
most of the week, but there was little better
| outlet at the close of the week on account of the
| scarcity of good kinds. The market for common
I cattle did show any perceptible change at
| any time in the week. 1t was always more or
less difficult to find outlet. and there was al
ways a doubt in the minds of statesmen to
| whether they had secured steady prices not.
There quite scarcity of good cows and
heifers all week. and a gradual stronger tendency
1 in the market which. at the close of the week,
amounted to an advance of 1Oc to l5c in prices
| compared with the close of last week. The
scarcity of choice feeding cattle was also respon-
| sibe for strong market In that line. but COM
/ mon stockers Jared no better than they have for
| some time past. The best grade OF bulls sold
| about steady all week, but at the close Of the
week there rather q slow outlet at shade
| lower prices for the common to medium kinds.
| There a gradual improvement in the calf
market, and sales at the close of the week were
| right around SOC higher than the opening. While
| sales this week, to great extent were not fully
| up to the expectations Of sellers, the results
generally have been good as could have been
| expected under the circumstances. and the re-
| duced supplies gave opportunity to clear the
| pens. At the close of the week there were fewer
| cattle remaining in first hands than for probably
| three weeks past, and on that account the out
look for the near future seems to be little more
| hopeful for the selling side far the bes,
cattle in their class concerned. but there are
very few who expect little. II any. improvement,
| in the market common stock. The highest
| Steers
s4.s5 for heifers. 81 for cows. ssss bulls and
| 81 for calves.
The receipts to-day were about large as ex.
| pected at this time in week. and, while
there not a complete variety Of cattle repre-
sented, there more different grades thar
usual Saturday. The market opened with
very fair. demand principally from local packers
for fat cattle and all that answered that de.
| scription sold quotably steady compared with
| yesterday. OF course. however. there might have
| been instances that sales did not look quite al
high, but at that they about up to expec.
| tations at this time in the week. The market
closed steady, with all sold. Sales included
! 1,21s-lb native steers at $780, and s22-lb Texas
| cattle sold at $3.50. There no heifers here
good enough to bring sss5. and several
punches of cows sold at S3.25Q3.sO. The h.ghes,
price paid for bulls $3.50. and calves S. 75
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