The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-06-29
THE LIVE 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 srocxYARps. 1NprANApoL,s. June

UNION STOCKYARDS. INDIANAPOLIS, June
observation-disclosures 400; shipments small The
marketing of cattle this week has been COMPARE
lively liberal. but included considerable stock
billed through. The total receipts Indicate
gain OF 500 over last week, $500 over the same
week year ago. and nearly 200 the cor
responding week two years ago. Thus far this
year the receipts are nearly 5000 larger than the
same period last year. and for the month thus
far there is a gain of over 5000 compared with
the same period year ago.
On account of the indifferent demand which
resulted in very uneven prices, it has been ex-
ceedingly difficult to outline the conditions ac-
curateIy this week. At the beginning of the
week the market was Influenced by moderate
receipts here and elsewhere. and advance OF
lOc to 15c 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 at comparatively satisfactory prices
but all other grades were very difficult TO SELL
and. while there not much IL any reduction
In prices, the market was very unsatisfactory TO
sellers because 1t was impossible at all times to
sell the same grades of cattle at uniform prices
It frequently happened that statesmen would price
two or moro loads that apparently were equal in
quality and fat at the same price, but buyers
could see a difference and would only buy one
load out OF the lot~ This indicates how exceed
ingy particular they were. Another tning tnat
contributed a slow market was the fact that
owners in many cases, could not reaiize the
first cost for cattle and. OF course, they were
reluctant in allowing them 20 sell. 1t was evil
dent that all local houses were well supplied. and
this made them particular than usual In
making their selections. The demand for stock
ers and feeding cattle has been quite limited.
due TO the fact that feeders were too busy with
their farm work TO come to market, and OK
course under such circumstances professional
buyers did not care 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 tne
close Of last week. the conditions prevailing are
not very encouraging 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 now
ever that all thick-fat cattle OF prime quaity
and not too heavy will sell at comparatively sat
tsfactory prices 1t is observed that there was
more discrimination against the grass cattle TINS
week than there has been heretofore ana IL -
naturally expected that greater difference WIN
be made as the season advances The highest
nriees paid this week were Sis for fat steers
81 so for feeders. s475 for hefers. A2o Tor cows
s. 80 for bulls and $3.50 for calves
The receipts to-day were larger than usual at
this lime in the week. ari no doubt larger than
exnected. Local packing houses. being wei sup
piled were practically out of the market ana
with no outside demand business was at s'and
still. A few butcher cattle were transferred a.
about yesterdays prices. but very large pc,
centage OF the supply. including severai ea''e
carried over from yesterday. could not'ha use"
sold except at sacrifice in prices. wnicn siies-
men did not believe they would De Jus'ineu "a
making Quotations: