The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1898-05-29
HOG MARKET BREAKS
Reports From Eastern Markets
Cause Decline.
BULK 1885 TO $500
Receipts Good For Saturday
mo Cattle.
BULK 1885 TO $500

The hog market yesterday acted entirely
in sympathy with all other western mar
kets and receiving points, the last day
Of the week, quality offered. and reports
received early from other points having
the very natural effect OF chilling the
ardor Of the market and lowering prices.
The market was quoted at 10 to IL cents
lower, and this was the average tone
throughout the day with little or no
change toward the dloss, when the bulk
of the business was transacted. The first
dispatches from other markets were
cloudy and unfavorable. and that, coupled
with the light prospects for receipts and
the none too favorable quality of offerings
acted toward the breaking Of the mar
ket most Of the days sales. This may
be said, however, that While the universal
reports coming were weak closes after
an already weak and dull day, the local
market closed as well as at any time of
the day, and sales were recorded shade
better on the final business. The days
run was all that could be expected for
Saturday, the wagon trade especially be-
ing the heaviest for the last day of the
week In q long time. This day is expected
to be light as shippers. buyers and brok-
ers alike arrange for as little as possible.
The general tone of the quality was only
fair, and about on a par with the day
previous. Some few Of tils late arrivals
were fair to good, at least three Of the
car lots showing UP we'll in weight and
firm finished stock, while the bulk was
only just fair, with a liberal supply Of
common and inferior stuff offered. The
average weight was above that of some
time past, It being pa, as against 220 for
Friday and go a week ago. The flood OF
lights and pigs seems to have been check
ed at least for the tine, and it is a very
good sign both for the buyer and ship
per. as this grade of stock has been over
worked tina past two weeks not only at
this point, but as we'll at all the markets
Of the country. While heavier yesterday,
the real meat qualities and intrinsic value
of the general run was not at all prime
or fancy, only a few loads being in any
way special. Dold was practically the
only buyer on the market he taking all
the better grades OF both the wagon hogs
and the car lots, and the large bulk of
any kinds. All the early offerings were
readily disposed OF with as much vim and
alacrity as the market would warrant.
The last Of the sales recorded went at as
good figures as at any times Of the day,
and most Of the stuff on sale was cleaned
up by night. While the quoted market
was lower and in a weak and faltering
condition. ii held its own very favorably
with the other points, and quality con-
sidered was generally on a par. Receipts
everywhere dropped off yesterday very
materially and indicated a hesitating
spirit on the part Of shippers, they evil
RI Of
market and frmer tone and higher prices.
Chicago had estimated 1900 hogs, and re-
Ceived 1000, against 1900 Friday, and
80. 600 Thursday. 1000 were carried over
from the day before Kansas City re-
ceived $500 hogs, against 5000 for Friday
and 1900 for Thursday. St Louis re-
ceived 1900 hogs. as compared with 1900
on Friday, 5000 on Thursday, and 1000
on Wednesday. At all points the mar
llets were demoralized, uneven and lower.
The daily, weekly and monthly COMPARE
sons on the local market are as follows:
For yesterday: Tops, $4.0215; bulk of sales,
s3.S5 to 400; average weight, pa; receipts,
1,074 For the day previous: Tops, 1920;
bulk Of sales, $500 to S4.15; average weight
22o; receipts, 1858. For the same day last
week: Tops, S15; bulk Of sales $3.50 to
S405: average weight. 200; receipts, 423
j OF lie same udg last g5dIs 4Dl's, 9o.ui-2
bulk Of sales, 81. so to $500; average weight
22l: receipts. 10. For the week: Average
weight, 229; receipts. 1886. For last week:
Average weight, I'll; receipts, 1878. For
same week last year: Average weight,
223; receipts, 1856. For the month of May,
1895: Average weight 219; receipts, 3O,62t
For month OF May, 1897: Average weight.
226 receipts, 1873 A study of the above
figures affords an interested reader some
significant information relative to the re-
markabIe growth during the past year for
the business Of the Union Stock Yards,
the grade of the offerings and the higher
prices paid. The best prices are paid
for the better grades of stock, packers
and prime, well finished hogs having no
trouble in being disposed of at once and
at good. fair prices The month of May
compares more than favorably with the
same month last year, and in fact with
any year in the past five. and the pros
poets are very glowing for q continued
prosperity. and the hog dealers and ship
pers of Oklahoma and southwestern KAN
sas can not possibly do better than 10
come here.
REPRESENTATIVE SALES.