The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-07-22
Representative Sales

Hogs-Receipts. 5000; shipments, 500. The
receipts of hogs this week show a decrease
of over $500 compared with last week. little
change compared with the same week a
year ago, and a decrease of over 10. 900 COM
pared with the corresponding week two
years ago. Thus far this year there is a
gain OF over SO, 0o0 compared with the same
period last year. For the week ending yes
terday local packers bought a total OF l61Of.
against l2,il the previous week and IL. 80
the same week a year ago. During the
same period the shipments were 9OSl.
against lo.o3 the preceding week and 7OSl
the corresponding week a. year ago. The
receipts at the beginning Of the week were
considered large, and farther west they
were above expectations. The weather con-
OitlOnS were unfavOrable and there was
quite a falling off in the Eastern order de-
mand. Therefore the opportunity for press
ing the market was good and buyers sent
values downward at "a rapid gait. They
were not satisfied with q 2i2d5c change.
and at one time required "a decline of lOu
ac. At the low time in the week the aver
age Was fully Coo under the high time last
week. The Sharp reduction in values natu-
rally affected the marketing of stock, and
with considerably smaller supplies toward
the close Of the week a part of the early
loss was regained- The average. however.
at the extreme close Of the week was lOdZOc
lower than the high time last week. In
comparison the receipts Tor the week end
ing yesterday were only about 5000 smaller
than the preceding week, and for the same
period shippers bought 600 less hogs. The
receipts lD-IaN WERE nearly LWb smaller
than a week ago and not quite as large as
ii year ago. The market opened with no
really urgent demand, but In harmony with
other places orders were being executed at
strong TO sc higher prices. Statesmen sue
ceeded in disposing Of most Of their con-
signments on that basis, but later reports
from other places were less favorable, and.
with shippers supplied, packers were in
clined TO break prices toward the close.
Finally. however, = good clearance was
made at about opening prices, but the close
was gufct and there is not much sentiment
favoring higher prices III tho near future.
The country. however, SEEKS to be ex-
pecting an upturn in values, and with re-
stricted receipts IL Is possible buyers viii
have 10 pay more for their supplies. Sales
to-day ranged from $50 TO s6.l2hs. and a
very large proportion of the supply sold
above S02l2. Quotations:
Good 10 choice medium and heavy .$6.05Gs u
Mixed and heavy aching. 5.SJ06.D
Good To choice light Weights. 5.s006.m
Common to fair light weights. 5.SOq5.S7
Common TO good pigs.............. 5000. IS
Roughs 5."ou5.65
Sheep-Recelpts. 400: shipments. 500. The
receipts OF sheep and lambs this week have
been larger than FOR a corresponding period
IN over ten years. \ total OF nearly 1000
head have been received. which is an IN
crease of nearly 2,W0 over last week. $500
over the same week a year ago, and $500
over the corresponding week two years
ago. Thus far this year there is a gain of
nearly 2l.oO0 over the same l''ri0d last year.
With favorable conditions existing ~ the
East. there has been a steady demand from
shippers and, not@ithstt adding The very lib
eral supply and limited competition. there
WAS little reduction IN values. Lambs sold
possibly 25c lower. but handy sheep CT good
quality did not show any uuotabls change,
and other grades were only weaker. Tie
demand from local butchers Was small
aud one shipper bought practically all OF
(! the supply. At the close OF The week the