The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-10-06

calves .-ZO.OtuJ0.vO
Eogs-Receipts. 5000; shipments. 400. The
receipts of hogs for the week ending to-
day exhibit an increase Of nearly $500 over
last week and a decrease of about 1900 COM
pared with the same week a year ago and
an increase OF 1900 over the corresponding
week two years ago. Thus far this year
the receipts are over $1,000 larger than the
same period last year. For the week
ending Yesterday local packers bought a
total or 1853. against u,U0I the preceding
week and 1865 the same week a year ago.
During the same period the shipments were
3,494. against 3,79S the preceding week and
4S3 the c~orresDondine week a wear AGO
The week opened with prices strong COM
Pared with the close OF last week, but later.
with considerably increased supplies, buy
ers everywhere began pounding prices un-
mercifully, and before they stopped they
had succeeded in reducing the average at
least Ic per 100 pounds: On Thursday
the market was steady and on Friday there
was a slight rally on certain kinds. but
at the extreme close OF the week another
reaction left the market in about the same
condition as it was at the low time, with
the tendency weaker. Quite a number of
good hogs were marketed during the week
and some were fancy enough to NINA
premium prices. There was, however, a
large proportion of common stock In the
arrivals and a few grassy habitat hogs
that had to sell at a very low price and
kept a wide range in values. The shipping
demand, on account OF the comparatively
low prices prevailing i'm the Eastern mar
kets, has not been of great Importance,
but packers proved TO be very reasonable
buyers ana statesmen nave succeeded III
maintaining a high average in prices COM
pared with those current in other markets.
The highest price paid this week was $40,
but prime heavy hogs would probably nave
sold as high as s7.25 on Monday. Since
Tuesday none have sold above 81, and at
the low time the top, was S6.S5. The re
ceipts to-day were as large as expected at
this time in the week, and the quality gem
orally was fully as satisfactory as yester-
day. s6 66drg bs 6eiRs BB oss tS- q lSrse Th pso marker
opened with sales usually at about steady
prices. but from the start there was rather
an easy undertOne to the market, and
after the more important orders had been
filled and other markets were quoted as
closing lower there was naturally an easing
off in the bidding here and the last sales
were considered sc lower than yesterday
or this morning. In fact. the closing. mar
ket was very weak. and the outlook Is not
very favorable for steady prices in the near
future. a good clearance was finally made.
with packers the principal support of the
market, A small proportion of the sup
many sold below $40. Quotations:
Good to choice medium and
.I fiSeGy and heavy hacking. SSS4S75
Good to choice light weights: 49,. 6.40@6.62h
Common to fair light weights. 6.25d6.35
Common to good pigs............. 5.O0d61G
Sheep-Receipts light; shipments small.
The marketing Of sheep and lambs this
week has been of smaller volume. but APP
parently ample to meet the requirements of
the trade. About zoo less than last week
were received, and there is an increase of
$500 compared with the same week a year
AGO and nearly $500 compared with the cor
responding week two years ago. Thus far
this year the receipts are nearly 1900
larger than the same period last year.
From the beginning of the week the re-
ports from outside markets have not been
favorable to this market, but, nOtwith-
landing that the demand here continued
steady and prices were for the most part
satisfactory to statesmen and owners. The
market at the low time was possibly 10Ql5c
lower tina the high time, but at that prices
were apparently higher than equal kinds
were selling in the East. AS usual, ship
pers were the principal buyers, but the de-
mand from local butchers was of more than
| ordinary Importance and the competition
was strong enough to cause rather an &C
tive trade every day. During the week
lambs sold as high as $4.75, but $3.50 was
practically the top. and a few sheep sold as
high as $3.50, with 1925 practically the top.
The receipts to-day were small and the de-
mand was equal TO the supply. Buyers
were inclined to pay steady prices, conse-
uuently all were sold on that basis. Lambs
were reported at $S.25Q4.5O and sheep at
60 OEHl nTnfatiOnc.