The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-07-15

Hogs-Receipts 5000: shipments, 200.
The marketing of hogs this week has been
of larger volume, the total showing in
crease of about 5000 last week, 1000 over
the same week year ago and decrease
of over 5000 compared with the correspond
ing week two years ago. Thus far this
year the receipts are nearly $1,000 larger
than the same period last year. For the
week ending yesterday local packers bought
a total of 1217, against 1922 the preceding
week and 1875 the same week a year ago.
During the same period the shipments were
1903, against 1776 the preceding week and
9O47 the corresponding week a year ago.
The conditions have been unusually favor
able TO shippers all week and for the first
time in many months they bought a larger
number of hogs than packers. The greater
part of the time they have been the main
support of the market while packers have
usually been inclined to retard the upward
movement in values. Under the influence
of a very strong demand from shippers.
caused by very moderate receipts of hogs
in the East, there has been a decided up
ward movement in values this week and on
Yesterday which the high time, the
average being at least 15c higher than last
Friday and about the same Improvement is
noted compared with the beginning of this
week The advance has been unusually
rapid and naturally ii is expected that
buyers will accept the first opportunity to
al the extreme close of the week indicated
that orders were less liberal and there was
some reduction in prices. The receipts to-
day were nearly l,500 larger than a week
with a very fair inquiry from shippers and
they started out on a basis OF about yes
terdays prices but 1t was soon evident that
they would not have much opposition in
that line and consequently the bidding be-
came less animated and lower. After a
great deal of argument and persuasion
y
change their bids and a very large pro-
portion of the supply had TO sell at about
Sc TO 71kc lower prices than equal grades
sold at the high time yesterday. Heavy
hogs did not sell as high as yesterday at
any time during the day and on the close
s6 Il was considered practically the top,
with good hogs selling at S6.10d6 12h A
good clearance was finally made but the
market closed quiet and apparently there is
not much confidence in maintaining prices
on their present basis. Sales ranged from
s. 95662 % and the bulk or the supply sold
al s6G6.1211. Quotations:
Good TO choice medium and heavy S6.15G6 Is
Mixed and heavy packing .---...... 6.10Q6 Is
Good TO choice light weights. 6.00d6 Is
common TO fair light weights. ..... $4,000
Common 10 good pigs-......--...-... 5-00a5 80
Roughs 80. Observation-Disclosures. 5.00fI5 10
sheep-Receipts. 300; shipments small.
Aside from nearly 1900 goats received this
week the receipts of sheep and lambs have
heen comparatively liberal. showing an in
crease of $3.50 over last week. 1900 over the
same week year ago and 200 over the cor
rssnonding week two years ago. Thus far
This wear there is a gain of over 1900 COM
nared with the same period last year As
asi,al there was not much change TO note
II, the market at the beginning of the
reek but later, with very favorable re-
norts from Eastern markets that have
their bearing here the demand was unusu-
aIly good and prices advanced fully 25c per
100 ms with occasional sales soc higher
THE Improvement IN values increased the
REGENTS. but the demand held steady and
/, was possible 10 make a clearance every
fav Local butchers were very much in evil
dence among buyers, but shippers pur-
chased literally. The market is In better
condition than il has been at any time this
season. and the outlook is not discourage
ing but of course II Is not wise to make
any predictions as TO the sheep market
The highest prices reported for spring
lambs this week was $3.50. yearlings sold a :
nigh as $425 and old sheep $3.50. The re-
ceipts to-day were larger than the average
on Saturday and the quality not very
desirable TO buyers. There was a steady re-
quest however. for fat stock and transac-
tions were generally on a basis of yester-
DAYS prices for that class Less desra bic
stock sold generally at &a5.25. with ordi-
nary kinds as low 81. and old sheep
were reported at Sc 75ff3.25. with decent
yearlings at 81. Quotations:
Good 10 choice yearlings............ 3.50Q4z5