The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1898-05-25
HOGS CLOSE WEAK
Quality Very Poor, Receipts
Fairly Good.
BULK $3.50 TO S415
One Load of Fine Heifers
Sold to DoId.

The hog market yesterday opened 5
cents lower and closed strong 71k cents
lower, in sympathy with all other mar
kets. For almost the entire day the re-
ceipts of hogs was too light to establish
basis for estimating a market Up to
noon only few wagon hogs were receiv-
ed, and a few loads held over from the
day before. All these were readily dis
posed of before noon. The wagon trade
was desultory all through the day, the
few receipts coming in spasmodically, and
very few car lots all through the early
part Of the day. Most of the days trading
was done after the real close, the late
trains bringing In the bulk OF the re-
ceipts, which languished for a while, and
finally attracted the most of the atten-
ton for the day. The weak opening was
entirely governed by the first reports
from tbs other markets, both Kansas
City and Chicago reporting slow markets
and tagging trading. The local market
however, was fairly active at the recorded
prices. most of the early receipts being
disposed of with readiness All along
through the day up to o'clock the car
lots came slowly in, most of them being
sold at slight declines. The bulk of the
ned and awaited bidding. The markets
all over were badly demoralized, and the
natural result was that on this market,
both sellers and buyers were reluctant to
do business. Many OF the offerings were
brought on the late imitation of prices, and
the owners were hating about accepting
the market prices offered. Equally true
was it that the buyers, though active and
ready early in the day. hesitated about
bidding up later because Of the uncertain
and falling markets everywhere reported.
Most OF the business was done late, and
the prices paid were well up with all the
other leading markets reporting. No hogs
sold under q 712c decline, while some of
the other points reporter greater weak
ness. Kansas City closed to 1Oc lower
and very weak. The last bulletin from the
latter point was: Liberal receipts and a
decline in provisions caused a 5 to 1Oc drop
IN prices" A few cars were left IN
sold a the close of the days business
simply because the buyers and sellers
could not get together. The quality for
the day was very unsatisfactory only a
very few loads being at an fair, the rest
being very common and mean, hard to
handle straight and slow of sale, even
when sorted No real good stuff was cffer-
ed, and the loads on sale were badly mix
ed lots. either thin and shrunken or rough
and undesirable. There were a few lots
offered which were just fair. but these
did not serve to offset the bulk of the
poor and common stuff. The outlook for
the market today is not glowing. since
provisions yesterday closed off. At Chi
cagO yesterday the estimate for receipts
was 10000; p, 900 were received and the
market recorded to 10c lower. St. Louis
reported fairly steady for good, all 9TH
ers lower. Provisions were dull and weak
and weak closes from 15q20c lower. The
daily comparisons on the local market
are as follows: For yesterdy: Tops, $4.2O;
bulk Of sales. $3.9Oq415 average weight,
22S; receipts, 1918 For day previous:
Tops, $42219; bulk of sales, $410642O; av-
erage weight, 229; receipts. Sal. For Tues
day Of last week: Tops, $4.4O high mark;
bulk Of sales, s4.2OQ4S5; average weight,
212; receipts, 2.132, (high mark. For the
same day last year: Tops, $2.27h. g
loads; bulk of sales, $3.10Q3.25; average
weight, $50; receipts, 1.5ll Shipments yes
terday. cars of hogs; for the week, 10
cars; for the month. 242.