The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-08-02
THELIVE STOCK MARKETS
CATTLE QUIET AND PRICES NOT so
SATISFACTORY AS ON FRIDAY.
Hogs in Fair Demand and Ten to
Twenty Cents LOwer-Sheep Quiet
Condition of Other Markets.
UNION srocKYARDs. INDIANAPOLIS. Aug

UNION STOCKYARDS, INDIANAPOLIS, Aug.
1.-CattIe-Receipts, ESQ; shipments. 100. The
marketing of cattle this week has been OF I'M
usually large volume. but the total for the week
is 100 less than the record here for the same
length of time. The receipts however. show an
increase of l, 200 over last week. 800 the
same week year ago and 1850 over the corre-
spending week two years ago. Thus far this
year the receipts II, 400 larger than the same
period last year. The receipts last month were
the largest for corresponding period in the
history of the yards, the total being 1851, or a
gain of 1,193 over the former record.
If statesmen could have obtained uniform prices
for their cattle this week the task would have
been easier and their customers would have. no
doubt been better satisfied. but buyers exer-
cised their discriminating powers to an unusual
extent and it frequently happened that equal
kinds of cattle had to sell at difference OF LOG
15c in prices. On account Of the furry in prices
at the close of last week it expected that the
receipts this week would be larger. but they
were larger than expected. From the beginning
of the week buyers began taking off in prices
what they had put on last week, and before the
close of the week they had succeeded in wiping
out all of the gain made in certain lines last
week, and there was probably no kind that did
not suffer much 25c decline this week
The recent dry weather made feeders more anx-
ious sell, and, prices the close of last week
being attractive, a large number of unfinished
cattle put upon the market. This. Of
course. made the average quality less, but It
would not have been as good as last week, be-
cause there was smaller number Of choice
kinds here this week. After decline of about
25c in prices of the best steers, heifers and cows
the first half of the week, the market. on ac-
count of the scarcity of those kinds, held about
steady to the close The supply of common and
unfinished cattle continued to accumulate. and
there Irregular but gradual decline in
prices At the close OF the week all of the re-
cent gain in prices of the less desirable cattle
had been lost and, in fact, many sales appeared
lower than they have at any time heretofore
this season. Probably the most trouble expert
enced this week was with thin grassy heifers
and fat cattle of common quality. Certain steers
around $4.25a45o looked 5OD75c lower than
last week, and certain kinds that had to sell
late yesterday around s494.25 were as low as
they have been this season. A large number of
heifers had to sell around s3Q3.50 and several
would fetch So At the close OF the week a
decent kind Of cows were selling around $3.50
and fair kinds around sS25. In sympathy with
other cattle, bulls lower. and at one time
in the week calves made bad break. but at the
close of the week the best veals selling as
were $3.50 for steers. $3.50 for heifers. $40 for
cows, 81 for bulls and 81. % for calves. but a
very large proportion Of the steers sold below
$3.50. heifers below "a and cows below s3.75.
The receipts to-day were large expected
at this time in the week. and with a number
carried over from yesterday, the supply was
larger than usual on Saturday. There was the
usual close -the-week demand and 1t was diff
hcult to sell any kind at steady prices compared
with yesterday, while generally the market was
reported easier. All things considered fair
clearance for the week finally made but a
few loads were carried over and a few were for
warded in first hands. 1t Is said that smaller
supplies will be necessary to give the market a
chance to get out of the rut, but to-day it does
not appear that there will be shortage in re-
ceipts the first of next week, and, therefore, the
outlook is not encouraging to sellers. Quota
tons:
Good to choice steers $50 lbs and up-