The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-11-03

Hogs-Receipts, 5000; shipments, 20 This
weeks receipts of hogs are the largest re-
corded since the week ending Dec L. 1900
and show an increase of 1000 over last
week, 10000 over the same week a year ago
and over 1900 the correspo nding week two
years ago. Thus far this year the receipts
are over $4,000 larger than the same reriod
last year and ten months receipts were
over $4,000 smaller than the same period
in 1898, which was the record year FOR the
week ending yesterday local packers bought
d total OF 81, i39, against 26,12S the preceding
week, and 22,1l0 the same week a year ago.
During the same period the shipments were
4,S6z, against 6.Zn the preceding week and
6,624 the corresponding week q year ago.
The receipts to-day were comparariyely
liberal showing an increase of about 5000
over week ago and year ago This has
been another week of declining prices in
the hog market With the receipts the
largest in almost one year and a shipping
demand of only moderate volume, packers
have taken advantage of the opportuni1v
and forced values to a much lower level
There was only one day in the week that
prices did not decline and at the extreme
lower than last Saturday. The top end
shows greater change than the lower end
possibly from the fact that the offerings at
the extreme close of this week were not
equal in quality and weight to those that
sold at the top price last Saturday. In the
average a decline of about 35c is indicated
for the week The. record shows that On
Monday the decline was &C to 10c,
Tuesday 10c, Wednesday sc to 10c Thursday
Sc, Friday steady 10 sc higher and Satur-
day loo to 20c lower. The extreme price paid
this week was $3.50 and the lowest top price
$3.50. The market to-day called to memory
Tuesday. Oct. s, when prices were reduced
2Oc TO 40c, but to-day the change was Just
about half that amount. Conditions could
not have been more favorable for packers
on account of a liberal supply and almost
a total absence of shipping orders Ii was
evident early that sharp concessions would
have to be made. but on account of the in
difference of buyers basis for operations
was not established for some time. Finally,
however, scattering sales We're being made
at fully lOc lower prices, but a greater
weakness soon developed and before many
had been sold sales were usually on a oasis
OF 15c lower and occasionally decline of 20c
was reported. Packers bought the offerings
d fast they could set to them at current
prices, and a good clearance was finally
made at an average decline of about 15c,
compared with yesterday. Sales ranged
from $3.50 to $3.50, and the largest proper
ton of the supply sold below $3.50. Quota
tons:
Good to choice medium and heavy. So. 75d5 80
Mixed and heavy packing ............ 55Od5. so
Good 10 choice light weights. $1,000. 56505. So
Common to fair light weights...... 5.50Gt5. 90
Common 10 good plgS................. 40005.50
Roughs ..--'--.................. 4.foQ5.3O
Sheep-Receipts small; shipments none
The receipts of sheep and lambs this week
are 1900 smaller than last week, and in
dictate an increase of 1900 over the same
week a year ago and the corresponding
week two years ago. Thus far this year
the receipts show an increase of 54.J00 over
the same period last year On account of
the more limited supplies good average in
prices has been maintained here this week
Notwithstanding the unfavorable reports
from other markets that usually have their
bearing here. There has been reasonably
steady demand for both shippers and
butchers. and little better country de-
mand for stockers. Consequently there
was fair competition for all kinds of stock
and generally the trading has been active
at current prices. The highest prices paid
during the week were $60 for lambs. $3.50
Tor yearlings and s. for old sheep and feed
ers. There were not enough fresh arrivals
to-day 10 establish range of prices for
any grade, and necessarily the market was
quiet. Final sales, however, We're generally
considered steady compared with the way
equal kinds sold yesterday. Quotations:
Good to choice lambs. ........... 81 Ool74 10
Common mi S