The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-07-12
The LIVE STOCK MARKETS
WEAK CLOSED STEADY, WITH GOOD
STEERS A TRIFLE STRONGER.
Hogs Moderately Active ut Steady
Prices-Sheep and Lambs Quiet
Condition of Other Markets.
|. INDIANAPOLIS,
rNInN sroCKYARps.

UNION S~TOCKYARDS,
July 1i--Cattle-Receipts. 100; shipments. 100.
This weeks receipts of cattle show a decrease of
nearly 500 compared with last week and an in
crease of $50 over the same week a year ago and
500 over the corresponding week two years ago.
Thus far this year the receipts are nearly $500
larger than the same period last year. and for
The month thus far there is a gain OF over go
compared with the same period a year ago.
To the salesman and owner the market this
week has been very unsatisfactory ana trouble
some. From the beginning TO the close of the
week 1t has been more or less difficult to sell
all kinds Of cattle. and the slow and limited
outlet. rather than any great change in prices.
has been the source of trouble. The receipts were
as large as the seasons average. and the quality
and condition of the consignments was probably
as good as could be expected in the grass region.
A very small percentage Of the arrivals. how
ever, were fully up to the requirements OF buy
ers in flesh, weight and corn finish. The hot
weather, no doubt. affected the meat trade OF
local houses. which. of course. reduced their re-
quirements for live stock. Consequently they
were wanting only such cattle as were required
for immediate use, and they were, therefore,
very slow and particular in making their selec-
tions. From the beginning Of the week there
was practically no country demand for stockers
or feeding cattle, and. therefore. professional
buyers were less industrious and the supply &C
cumulated from day to day. About the only cat
tie for which there was a market the hrst four
days Of the week were the handy-weight cows.
heifers and steers of good quality and dry fed.
and the competition for these was not strong
enough TO permit any advance In values. Under
the circumstances statesmen were unable to get
what they considered the market value for their
conslgnments. and. with the conditions improv-
ing elsewhere prices here finally became at
-. a. >.xsI- lv.r. 4-1 ~ h4 A~trAx4a
close Of the week there was quite a good ship
| pins demand. which was a great help in clearing
up the supply. some of which had been here for
almost a week. Notwithstanding the dull trade
and poor outlet this week. statesmen did not be-
come panicky and succeeded in maintaining
| steady prices compared with those prevailing at
the beginning Of the week. on all cattle that they
could sell. In fact, at the close OF the week
sales Of the best steers. In q number Of cases,
were 10d15c higher than equal kinds could have
been sold earlier in the week. In a general
way. however. the good stock sold around 25c
lower than the high time last week. and COM
mon to medium cattle. in many cases, repre-
sented soc decline. Late in the week profess
sional buyers were taking quite a number of
stockers and feeding cattle. and finally a reason
ably good clearance Of all kinds was made.
The highest prices paid this week were IS for
steers. $3.50 for heifers. 81 for cows. ss.7 for
bulls and &c. Tor calves.
The receipts to-day, as usual on Saturday,
were small. but. with a few carried over. there
were enough to make some trading. and sales
were usually at steady prices compared with
yesterday. The market for the week closed
steady. and there were not many cattle remain
ing unsold. Quotations.: