The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1898-05-20
Strong. CLOSES OFT
Hog Market Opens Strong.
Closes Weak.
TOPS JUST TOUCH S4271-2
Cattle Steady Only Two
offerings on Hand.
TOPS JUST TOUCH S427 10

OilOl illSo VII lIdlluI
The hog market yesterday was generally
dull and inactive. with greatly reduced re-
Ceipts and lower market toward the close.
The early market was quoted as steady to
strong. It certainly opened strong with a
shade above yesterdays prices and closed
strong and5c lower. The day was neces-
Earily inactive because of the very light
receipts. This was entirely expected, how
ever, considering the sbnormally heavy
receipts and high market for the past
several days. Many OF the early sales
were strong and above the day before, the
better class of the Offering going at prices
at least equally strong with Wednesday.
and in several Gases even better. Up to
noon the wagon trade was unususlly
strong and brisk, the prices paid evtdenc-
ing a strong market. The quality, how
ever warranted it in every instance. the
grade of hogs offered In this branch Of
the trade being very fair and often prime
The morning sales of wagon hogs were
around Sz20 and $4.25, only a nickel below
the tops for Wednesday. Only one car lot
was sold up to noon, and that went at
$40. Reports from Kansas City early
were not promising for high tone for
the day, and this naturally had a wet
blanket effect on the local trading and
market operations. Kansas City reported
soon after the opening; Market opened
slow on good demand" Most of the sales
Tor the day were at good prices the only
weakness being slightly noticeable toward
the late close when some few tardy arri-
lie
general tone of the market for the entire
day, however, was well sustained, and
the run OF prices was not much below
those Of the day before. The top price
for the day was only 21a cents below the
top for the day previous and the bulk was
nearly the same The quality was gener-
ally fair to good, although the very few
ear receipts were hardly sufficient to es-
tablish we'll defined grade. The wagon
hogs were especially good, and sold we'll
on lively bidding by all the buyers. The
car lots also were fair, and the weight
was better than for this week so far, 1t
may be said automatically not only for
this market but for all the leading mar
kets in the country that the bottom has
dropped out of lights and pigs All over
comes the report that heavy well-fed fat
hogs Of the lard grade are invariably hold
but there seems to be a plethora of lights
and pigs at all the receiving points with
the quite natural and expected result Of
demoraltzing the general and average tone
and strength Of the markets, and failing
at the same time to dispose of this grade
of the offered stock. Most of the sales
yesterday of mediums and medium heav-
ies went around $4.15Q420, only two sales
being recorded below $500. While there
was nothing especially fancy in the days
offerings, there was a more marked i'm
provement in the run at least so far as
weight is concerned, and even intrinsic
value than for the other days of this
week. The weight was 225 against 217 for
the day before and 2l2 for Tuesday Dold
was the principal buyer Woods also talk
ing a few OF the wagon trade and some
Of the late car lots for his shipments on
order. The days business was done early
and all the stuff disposed Of, most of
which at fairly good prices following the
boom of the past several days. The Chi
cago markets showed offerings for the
day including those left over from
"Wednesday, a total of $4,000, which was
very large. The heavy and medium class
sold well up, pigs and lights going at
much lower figures. The St. Louis mar
ket was steady, with $500 received. Kan
sas city was fairly steady for good heavy
and medium weight hogs lights, light
mixed and pigs to 10 cents lower. Pro-
visions were weak, the main cause being
the heavy hog receipts. Ribs closed II
points off. and lard 37l5. The daily com
parisOns on the local market are as fol-
lows: For yesterday: tops. s42712; bulk
of sales, S415q4.25; acreage weight, 225;
receipts, 1.O41 For the day previous: tops,
$3.50; bulk Of sales, S412IaG4 20: average
weight. 217; receipts. 1912. For Thursday
Of last week: tops. S412lb; bulk of sales.
S3.95G410; average weight, 220; receipts,
2.677. For the same day last year: tops.
$3.50; bulk Of sales. $3.l0dS25; average
weight, 946; receipts. 734.
REPRESENTATIVE SALES.
No. Dock. Ay VT Price