The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1898-05-22
STEADY IO> STRONG
Receipts of Hogs Yesterday
Very Light.
TOPS REST ON S4.15
Cattle Market Steady, Only a
Few Sales.

The hog market yesterday was steady
to strong. with very light receipts and on
ly fair quality Of the offerings. The ex-
pected falling off In receipts was in evil
dence yesterday, as also the two days
previous. The season so far has been
too rainy for farmers to accomplish any
thing on their farms in the way of actual
work in putting in crops, and the result
has been excessively heavy stock Ship
ments during the early spring season
when the receipts have always .allsn of
materially, and were expected to this
year. So far the run at the Union Stock
Yards has been more than was expected
the natural flow inward having been ma
terially stimulated by the high prices paid
for hogs and the generally high markets
everywhere. The war situation has of
course acted in an upward tendency On
the produce market. and the sympathy
has naturally affected the live stock mar
kets. Nearly all of the week before and
the week just closed yesterday markets
have shown a strong tendency and almost
phenomenal prices. That there should be
a reaction was not only expected, but
the only natural result of the conditions.
Most Of last week the receipts were very
heavy, and the prices paid not only sat
isfactory to shippers, but in line with all
the markets of the country. Yesterdays
trading was active and healthy so far as
the offerings afforded, and all the hogs
received on the market were disposed of
al steady to strong prices. Saturday is
always expected to be a light day, and
yesterdays dullness was enhanced by the
reactionary effects of the early week.
Wagon hogs, as well as car lots, were
very few in number and sold as soon as
received. The buyers were ali seemingly
waiting for more voluminous receipts and
stood off in waiting mood hoping more
cars of stuff would appear. When it be-
came evident that the day would be light,
and other markets reported q marked
dropping off in receipts, bidding at once
assumed more pronounced activity with
the result that the demand was consider
ably above the supply. The market was
at times strong to cents higher, the few
receipts and the quality considered. Ger
tain it is that prices were at all times
paid up to all the offerings were worth
Now it has become dry and farmers can
get into their fields, they are getting over
the first enthusiastic fever of shipping. 1t
Is also known that many of the regular
shippers are holding off for more favor
able markets, several cars having been
bought in the high rang that are waiting
now for shipment early next week a
higher tone and greater inflow of receipts
are expected this week Chicago the past
week received the enormous total of 243,-
600 hogs. The supply yesterday was about
5000, including those held over from the
day before, when 5000 only was the es-
innate. At Kansas City the receipts were
400, compared with about $4,000 the
Cay before. an enormous falling off. The
late bulletin from there was: Demand
still continues strong enough to absorb
liberal receipts and maintain prices which
are nominally the same as a week ago"
At St Louis the market was quoted
strong. with only 1880. about 1900 short
of the day previous. All the receiving
points reported a very pronounced falling
off in receipts and markets generally
strong. The provision market opered
strong and higher, and closed with ribs
showing a gain Of IA points. and lard 5
points. The comparisons for the local
market are as follows: For yesterday:
Tops. $415j bulk of sales, s3.9Oq40j; aveI-
age weight 200; receipts, 42S For the Gay
previous: Tops, S415; bulk of sales, $S95
G410; acverage weight. 21O; receipts. COS.
For Saturday, the week previous: Tops,
$500; bulk of sales, sS95d4.00; average
weight 226; receipts, 1,48. For the same
day last year: Tops, 1924; bulk Of sales,
S2.15d3.80; average weight POS; receipts,
el7. For the week, receipts, 1878; average
weight, 211. For the month, receipts, D.
7SS; average weight, 30 For the same
week last year: Receipts. 442s; for the
same part Of the month OF May last year,
I2737. Shipments yesterday, 10 cars; for
week "A; for the month so far, go.