The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-06-14
THELIVE STOCK MARKETS
CATTLE IN ACTIVE DEMAND AT
ABOUT STEADY PRICES.
Hogs Active and Ten Cents Higher
Sheep and Lambs Active-COndf-
ton of Markets Elsewhere.

UNION STOCkYARDS, INDIANAPOLIS,
June lS.-Cattle-Receipts. 200; shipments fair.
The receipts Of cattle this week have been ex-
ceedingly large. showing 1900 last week.
1.200 over the same week year ago and 800
over the corresponding week two years ago.
There was an average of over 1000 per day
arrived for the six market days, and the re-
ceipts Wednesday. Thursday and Friday aver
aged nearly 1000 per day. They were the largest
weeks receipts since the week ending Sept. 2S
1901. when 1903 arrived. For the year thus far
the receipts less than loo smaller than the
same period year ago. and thus far this month
there is gain of nearly 900 over the CORE
spending time last year.
1t has been remarkable week in this branch
of the trade Early in the week local packing
houses were confident that they would not get
the usual number of cattle from outside mark
cts. and, therefore, would have to rely upon this
market for their supplies. The demand from 9TH
sources was also. no doubt. improved for the
same reasons. and. Notwithstanding there was
steady gain in receipts, prices advanced rapidly
which. of course. is a very unusual occurrence
From the beginning Of the week the demand
or, rather. competition. was strongest for the
steers that were up to the requirements in quail
ity and fat and there was less discrimination
on account of weight than there has been for
some time past In four days better grades of
steers advanced fully 25q35c. and frequently
transactions appeared to be 50c higher than the
kinds selling at the close of last
week. Such conditions were very gratifying to
the selling interest, and 1t seems that an extra
effort made to bring forward as many cattle
as possible. This caused excessive receipts to-
ward the close of the week. and. with the sup
plies entirely adequate to meet all the require
ments of buyers. 1t was not surprising that a
reaction in prices took place. Yesterday sellers
IN cd price
to Csc. but after this concession there still re-
NAMED a net gain of from lOc to 15c in prices
for the week. Buyers again began to discrimi-
nate against the heavier grades. and they SUI
fered the greatest change On account of the
continued high prices for feeding cattle II was
more or less difficult to consummate sales all
week, and at the close there decline OF 10
G15c in prices. in sympathy with the market for
fat cattle.
The market for female butcher cattle this
week has not been as satisfactory as for steers.
For the first time recently the supplies have
been all that buyers could use. and they were
not disposed to pay any advance in prices Oc-
casionally, however. when the market the
strongest for other CATTLE the good cows and
hefers sold stronger. but at the extreme close of
the week they went down with the general
market, and values were hardly as satisfactory
as at the close of last week. The highest price
paid this week $40 for steers. and there
were more of this class Of cattle good enough
to bring IS than at any time heretofore this
year. Heifers sold as high as s5.15. although It
was not often that many sales were made above
$780, and sold high $780, although
s425 was usually virtually the top Bulls sold
as high as $42s. and the extreme price for calves
was 1918.
The receipts to-day were larger than q week
ago and a year ago. and with the cattle carried
over from yesterday. the supply on sale was con-
siderably above the average for Saturday. Not
outstanding this the market opened with a very
fair demand, and the trading was reasonably &C
tive at steady prices compared with the way
equal kinds sold yesterday. The market for the
week closed with the pens well cleared and in
very fair condition. Quotations: