The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1898-06-03
HOG MARKET BREAKS
Sympathy With Other Markets
Causes Slump.
BULK 1915 TO $500
Two Cattle Sales and One
Large Shipment.

The Wichita hog market was of yester-
day and dropped 10 to Is cents lower. Il
looked at first, before the reports from
eastern markets arrived, as though there
might be q steady tone for at least the
drst part OF the day. but, the quality con-
sidered, the early sales were perceptfbly
weak, and upon receipt Of dispatches from
other markets the break at once assumed
more alarming pretensions, the action be-
Ing one Of sympathy. Il was a democrat
lied market. sellers with fair TO good hogs
On sale. naturally hesitating 20 deliver at
the universal market prices. All the prin-
cipal receiving points broke under the
tremendous selling Of provisions and stop
loss orders IN that pit The weakness in
This trade was IN 4 great measure due 70
the increase in Chicago Of Il, 900 pounds Of
ribs in stock since May 1st. With the
weakness IN provisions down went the
live stock market, and the Wichita mar
ksr was bat logically weak in with the
general slump. Early reports from Kan
sas City that many cars Of hogs were
6Lll Unsold and the market very dull did
not hyen up things any here, and the
local market ssgged from q ductuating
II 10 l5c decline TO a fiat Is cents. The
quality, on the whOls, was very fair, con-
s-derably OF al Improvement over that
Of the day before, when the most Of the
run was poor and mean stock Yesterds Y
there were several very fair and soma
good hogs, and the bulk was not In any
sense bad. There were soma few car
loads q lights and underweight stuff and
slight sprinkling Of coarse heavtes run
ming through the day. but on the whole
the offerings were above fair, and better
~
This true OF the wagon trade The best
wagon hogs il long time were received,
and liberal supply OF them. Though
tae market suffered decline, IT was by
10 means duh and dragging market. the
STUN offered going with spirit and vim
al the decline. Some cars were sold off
the reel, and none remained long in the
pens Everything was sold by night that
was ordered 70 sell, and the largest run
Of receipts IN nearly two weeks was read
lily disposed Of. and at prices fully Up 20
those reported anywhere Some OF the
hogs offered yesterday were bought in
the country at the late high prices. and
had been held for a rise. and reached
here az an unfavorable time, but all were
sold OUT 1t the best the general cOnti-
tons would permit. Dold was practically
the only buyer IN the field, taking all but
one Of the car lots and most Of the wagon
hogs The average weight was the same
as on "wednesday, and with about 400
more hogs IN yesterday. the stock being
better fed and finished than on the former
day S3-s215 was the days top, though
tNo fine cars IN late would probably
have topped THAI had they been sold. The
last Of the trading was brisk and active
and the business was done up early Five
cars came IN late which will be sold to-
day. The receipts fell of az 81. Louis
and Kansas City from the day previous
and slightly IN excess at Chicago. The
daily comparisons on the local market are
as f0Ilowsl For the day: Tops. 50. s2l >
bulk Of sales, SO 75a3s0; average weight.
22S; receipts. 1745 For Wednesday: Tops.
S4-05, bulk Of sales. s.. $1,000, average
weight, 22S5 receipts. !, 307. For same dav
last week: Tops. $40; bulk OF sales. 5L05
g4I-i2; average weight, Dc. receipts,
-.-9s- For the same day last year: Tops.
Sis bulk OF sales, 8. pOd3. 131s: average
weight, 81; receipts. 654. There was one
car Of hogs shipped on eastern order.