The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-07-29

Eogs-Receipts, 400; shipments. 1000.
The receipts OF hogs continue comparatively
liberal, the total this week showing an in
crease of $500 over last week and $500 over
the same week a year ago and the CORE
spending week two years ago. Thus far this
year the receipts are about So, 900 larger
than the same period last year. For the
week ending yesterday local packers bought
a total OF 1929, against 16, l0l the preceding
week and 1873 the same week a year ago.
During the same period the hipment
were l0.O05, against 9,0S1 the preceding week.
and 1884 the corresponding week a year
ago. In the language of most dealers. the
hog market this week has been a sight >"
and will no doubt be remembered by shin
pers for several months, but not on account
of the profitable result OF their shipments.
The week opened in fairly good condition,
but later there was a reaction of 5ul0c in
prices. About the middle OF the week heavy
hogs, on account of superior quality. re-
gained some of the loss, but there was con-
tinued weakness in the market for light
hogs, and at the extreme close OF the week
values broke badly. The shipping demand
was good, and although of considerable helm
to the market was not large enough to ex-
haust the supplies. and In the hands Of the
packers the market Jared badly. They could
not have been more Indifferent. and forced
statesmen to come TO their terms. From
Thursday 10 the close of the week the av-
erage price was reduced from &c to 3Oc
and, compared with the close of last week
the average can be considered a fat goo
lower. the difference between prices paid
w StliIDClc diAl Dathtio dlNo 1duttu "A WIDER
range IN prices, which. at the close of the
week. was Acc, against 2c at the beginning
of the week. A part of this spread. how
ever, can probably be accounted for by the
fact that there was a less desirable class OF
light hogs toward the close OF the week
than early. The highest price of the week
was Sc. l21z. and at the close of the week So
On Thursday good mixed hogs sold at &.S54
$50, ard at the close of the week at s.. 65G
30 The receipts yesterday were about 1850
larger than a week ago, and show some
Improvement over a year ago. The market
opened with a few urgent shipping orders
for prime heavy grades, which were exc
cuted at fully lOc lower prices than yes
terday's high time. Packers were as in
different as they have beer for several
days. and after the first round Il was very
difficult to negotiate sales, but finally. at a
fiat decline Of l0c in prices compared with
Fridays average for the same kind, the
offerings were changing hands slowly, and
with the assistance OF shippers "A good
clearance was finally made. Sales ranged
from s5.eOQ6. and the good mixed hogs sold
largely at S5.55G5.70. Quotations:
Good TO choice medium and
heavy .70a6.0
Mixed and heavy packing. ........ h60I5.7O
Good TO choice light weights. 565G5. 72lS
Common 10 fair light weights. 569a5. 621a
Common TO good pigs.....-.-..... 45}r5.6
Roughs acknowledgements. 475a5.25
sheep-Receipts, 80. shipments small.
While not az large as last week the re-
ce.pts Of sheen and lambs this week have
been comparatively liberal There is a
decrease of 1850 compared with last week.
bat an increase OF over 200 compared with
the same week a year ago and the ccr-
responding week two years aSl Thus far
this year the receipts are nearly &.cC5
larger than the same period last year. To
say that the market this week has been
the most unsatisfactory Of the season Is
putting IL lightly. There was very little in
quiry from local butchers and shippers on
account OF Improbable deals last week
were naturally very ackwa and bearish
and not inclined TO pay market values.
Therefore, with very little decrease in the
supplies. statesmen had much difficulty in
transferring their cOnsignments and We're
'orced to accept very unsatisfactory prices
In most instances. The very best class
OF sheep showed more strength than other
grades and there was probably not to ex-
coed 10fIl5c decline In prices. A very large
proportion OF the receipts were lambs and