The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1898-05-18
HOGS ID D q HIGHER
Quality Poor, Receipts Heav-
lest For This Year.
TOPS REACH $40
Wild Excitement in Hogs--No
Cattle Market.

The hog market yesterday at the WITCH
lta yards again scored a record, breaking
all previous ones of late years and eclips
Ing even that of last Wednesday, when il
was thought the pinnacle had beer
reached. It was variously quoted at II
TO % cents higher, and the average was
about Is cents higher through the day
and closing weak to cents lower. It wa:
a wildly varying market away into the
day, prices running along wide ranges and
the basis Of operating decidedly unquot-
able. It was unsettled and feverish, but
always with a marked strength in tone
and very pronounced activity. There
were three well defined stages of the mar
ket up to noon. First, very strong, then
a trife weak, at once followed by q
stronger tone than ever. These severa,
degrees OF the tone Of the market were
clearly marked, and operators governed
themselves by them. The most OF the
trading was done on the higher market
and the prices paid were at all times
strong, especially so when the quality OF
the offerings is considered. On the open.
ing there were a few punches of wagon
hogs and two or three car-lots, which sold
about steady at Mondays prices, before
the market was hardly quotabie and be-
fore reports from other markets were re-
ceived. Immediately following this the
sales went mostly at s41OQ415. These
transactions were also some Of the heav-
fest Of the days receipts. The market
may be said to have been strong and
active all day. the few late sales, however
going at lower figures in sympathy with
later dispatches from other western mar
kets, most of which reported a slump at
the close. The hogs sold all the way from
q TO 50 cents higher than the day before,
the bulk ranging from $42Om435. Tops
were 30 cents above those Of Monday, adm
anything at all attractive went at the
higher prices. The tops were $40 for
wagon hogs, and the two punches going
at this price. one of six and one of four,
were worth it the way the market reg
istered. The car-lot tops were S435, and
there were two loads at this price. and
these, by the way, were the heaviest for
the day and the best received for sevraI
days. though not fancy at all, but good
medium to heavy stock. Several more
loads sold around s4256430, only about
two of which approached the top loads in
weight, the large bulk being very light
and small. The general run as to quality
was about as inferior as has been received
1t any time during the late boom. There
We're few fair to good loads, some of
the last TO come in and be sold being the
best but selling a shade under the high
figures, because of the weakness of the
close. There was a large run OF very
light weights, and. even discounting
weight, the intrinsic grade was low Many
lots were badly mixed, pigs and skippy
stock being in abundance. Several loads
were sorted, the pigs being cut out and
sold separately, thereby raising the aver
age value Of the load. The two top loads
weighed, respectively, 245 and 234 pounds,
and these were the best offered for the
day. the higher prices. except tops. going
for hogs running below 200 pounds or a
triAc above. some being only-around $50
pounds, and selling at 81 at that 1t was
certainly the most active and brisk mar
ket seen a this point in a long time, the
buyers all being keen and eager after the
offerings. even the marked poor quality
seemingly having no chilling effect on the
ardor. Several loads were bid upon be-
fore they had left the cars, and were
weighed up and transferred as soon as
yarded. Wagon lots were met by buyers
before they reached the pens, and they
were climbing into cars and chutes to in
spect them as soon as they reached the
docks. Though there were no real extra
hogs offered they were all sold early, and
as fast as received. and at o'clock the
pens were empty and all the business
done. Dold was the principal buyer for
all kinds of hogs. and waited until late
hour for more. Woods and Armour were
also buyers, the former buying freely for
shipment on eastern orders, he and DOld
taking all the car-lots and most of the
good wagon hogs. Armour taking a few
heavy wagon hogs at good prices. The
Chicago live stock market early wired
market steady to strong and higher, with
estimated receipts of $1,000. The final
quotation being active at l0Q15 cents high
er. Prime heavy hogs sold as high as
$3.50 mixed, light and rough going at
considerably less. The last dispatch by
the Associated Press from this point was:
ttt tt'-llfbd lbl 4lt'-S as dN.ltNe is ever,
and prices took another jump" At Kan
sas City the receipts were given at first
as 22.ooO; later official figures giving %. 600.
as against 10000 the day before. The quo
Ja;ion was lOa15 cents higher closing slow
and weak TO ; cents lower than the open
Ing From the early strength the market
eased up from very liberal receipts and
became hardly more than steady at Mon
days closing prices; later recovering
slightly for some time before the close.
The s.. Louis market was strong and 10
cents higher. with 1900 received. about
5000 more than the day previous. The
provision market opened dun with de-
clines Of 20 10 cents. and closed with ribs
% cents off and lard l71s cents of. The
daily comparisons for the local market
are as follows: For yesterday-To 81. 20:
bulk Of sales. $.20G4S5; average weight.
2l2: receipts. 2.1S2. For Monday-Tops,
S4lo bulk of sales, Sc S504eo; average
weight. 2o7; receipts. 1882. For the same
day lest week-Tops. S3.S5; bulk of sales
SS.7eq3 S2is; average weight. 2S5; receipts
los. For the same day last year-Tops.
SIS: bulk Of sales. SS.l53S221a; average
weight. IS; receipts, 904. Shipments yes
terday Il cars. making for this week IS,
and for the month l56.
REPRESENTATIVE SALES.
No. Dock. Av. VT. Price.
N