The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1898-06-05
STEADY TO STRONG
Light Saturday Receipts and
Firm Tone.
BULK 1878 AT $685.
-Four Cars of Cattle Sold and
Shipped.

STEADY 10 strong, with good feeling and
nrn' healthy tone. The close was strong
er than any part Of the day, and the trad
Ing at all times was brisk and live. The
early sales went readily at about steady
with Fridays business, and early reports
from other markets showing fairly even
strength, the local market at once re-
sponded and livened up to good, healthy
tone. There was variance of opinion
as TO the first part of the days quota
ton, some declaring II to be fairly five
higher and few of the first sales would
seem to indicate that However. the
whole days business, which was not
heavy, was easily transacted on a frmer
and stronger basis, with the meager Of
ferings going at prices all they could com
mand the way the general markets are
now constituted. There were few loads
on sale on the opening which had been
held by orders for a higher market. These
were promptly disposed of at ohce at
prices slightly better than they were bid
on arrival One Of these was the top load
for the day. This may be said for this
top load, selling at s3.e5: that it was a
prime extra load of heavy packers such
as do not come to any market once in
fifty loads, and shippers would do well
1
gold at ten cents above the next high
price and above the bulk. They received
al they could command on the markets
The past few days, and their selling price
Is hardly indicative of the market The
quality generally of the few receipts in
was fair to good, some loads showing up
very well, and some mixed and running
with light and thin stock. The quality
was on the average well up with the past
few days, averaging about as Friday and
being acceptable TO the buyers The
weight was below that of the day previous
when It was extra good. Dold Syas the
main buyer and some Of the rest Of the
offerings were distributed among other
regular buyers and SPECTATORS Woods
took some OF the last to complete his
usual Saturdays shipment. The finer
grades Of packers and mediums went to
Dold. The wagon trade was light, as was
the whole run, though not unusually so
for the last day of the week. The receipts
were below last Saturday, as they were
al all the receiving points. Along this
line late dispatch from Kansas City
last evening Is significant: While the
receipts Of hogs continue light, owing to
the continued decline in finished pro-
ducts, hogs are materially lower than
week ago." Receipts all over have fallen
off the past week, and the local market
is holding up both in receipts and price
as well as at any Of the western mar
kets. For instance, at Chicago yesterday
the receipts were only 1900, with 1000
left over. The estimate for the day had
been conservatively placed at 5000 and
the actual receipts for Friday were %, 900,
a drop of 1900 for yesterday. At St
Louis on Friday the receipts were $500,
with a market 10 TO zoe lower. On yester-
day the receipts were only 1000, with the
market to 10c higher. Receipts of hogs
at the Kansas City market were Il 900
on Friday, and only 5000 yesterday. The
anomaly was presented yesterday of a
drop in the provision market and a di-
ametrically opposed trend of the live
stock markets. All the centers reported
more or less strength and advances in
live stock. while in the provision pit, ribs
lost a nickel, and lard closed off 17Ib
points. 1t is not at all unusual for pro-
visions to sag on the last day of the
week. the very inactivity and Indifferent
trading being enough to account for any
weakness. But yesterday the loss was
entirely due to short selling by packers
But for all that the light receipts, posi-
bic better stock offered or perhaps a prog
nostication Of higher markets this week
the general tone all over was improved,
and the Wichita market shared very en-
couragingly in the improvement The
receipts for the whole week at this point
show a very small aggregate falling off
as compared with the shrink at most Of
the other points. Following is the daily
and weekly comparison: For yesterday: |
Tops, 1895; bulk of sales, SS.75d3.S5; aver !
age weight. 225; receipts. els For Friday:
Tops. $3.S21A; bulk of sales. S3.70G3.S0: av-
erage weight, 259; receipts, 1914. For the !
same day last week: Tops. $4.02l2; bulk OF
sales, $3-S5a400; average weight, 2S4; re- |
ceipts. 1,074. For the same day last year:
Tops. $S.15; bulk of sales, S30OdS.12I5: av- |
erage weight, 1877; receipts. 5S7. Average |
weight for the week. 233; for the week pre- |
Vious, 22s; for same week last year, 300. /
Total receipts for last week, 1877; for the /
week previous. 1885; for the same week a /
year ago, 3.427. There were IS cars of /.
hogs and four cars of cattle shipped out /
last night, the accommodations of pur- /
Chases on this market on eastern orders. |
r.N-y, . -Y,r,-r-