The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-12-15

Hogs-Receipts, $500: shipments, 1000
There has been good run of hogs this
week, but about 1900 less than last week
1000 less than the same week a year ago
and nearly 5000 more than the correspond
ing week two years ago. Thus far the
this year the receipts are over $4,000 larger
than the same period last year. For the
week ending yesterday three local packers
bought total Of 3S052 hogs, g. 1855 Of which
were taken by Kingan & Co. The
preceding week the same packers bought
Il. AZ, and the same week a year ago 81 O20.
During the same period the shipments were
i'S9s' asalhst BOO the preceding week and
1858 the corresponding week a year ago.
Ihere has been an unusual market for
hogs this week. There has been a marked
Indifference among packers and they were
reluctant buyers from the beginning to the
csose Cf the week. There was a more lib
eral slipping demand but orders for the
most part were confined TO certain grades,
and therefore did not help the general
market. Competition from all sources was
best for the good weight hogs of uniform
quality which is very plainly shown by the
movement In values. The quality of the
offerings generally has been good. but
there is not much Improvement to note go
FAR as the average weight is concerned
II seemed impossible to exhaust the entire
supply any day except at the close of the
week. when practically all We're sold.
greater discrimination against the light
hogs resulted in a wider margin between
prices or that class and heavy, and at the
close of the week the difference between
the top price for light and heavy was 6Oc
against '4Oc at the beginning of the week
On Monday the market for all kinds was
strong, compared with SATURDAY. Tuesday
there was very little Improvement on light
hogs, but heavies moved up 15c. Wednes-
day the general market was 5GI1Oc lower
Thursday heavy hogs sold strong while
others declined 1Oc. Friday heayies were
steady and others 5G10c lower and at the
extreme close OF the week there was a
general advance OF 5QlOc. The lowest top
Erice paid was on Monday and the high
est on Saturday. At the extreme close of
the week the range in prices quoted for
heavy was 5q3Oc higher, and for light
steady 10 &c higher than the close of last
week. Only about half as many arrived
to-day as week ago, and not quite as
many as a year ago. The market opened
with rather active competition between
packers and shippers. and the first sales
were made promptly ct unevenly higher
prices After the principal orders had been
supplied the trade naturally was less ami
mated. but packers We're freer buyers than
they were at any time heretofore this week
and opening prices were maintained until
all of the supply. including the hogs car
ried over from yesterday. had been ex-
hausted. General sales were considered an
lOc higher. but there were few exceptions
where a greater gain than that was made
and ii is possible that occasional sales
were very little better than yesterday The
range in prices was from S5.S5665O and a
above 500. Quotations:
Good to choice medium and heavy. Sc. 101s 81
Mixed and heavy packing ......... 5 45SI6 M
Good TO choice light weights S.. sos on
Common TO fair light weights 5.35615 -
Common TO good pigs. 50f55 IN
Roughs 5OOG45 u
Sheep-Receipts, 100; shipments small
! This week ) receipts of sheep and lambs
have been small showing a decrease of / :
| 100 compared with last week. 800 compared
! with the same week year ago and an in
/ crease OF 200 over the corresponding week
/ two years ago. Thus far this year the re-
/ cGpts are nearly 5000 larger than the same
period last year. The beginning of the
| week was not very encoura ging TO statesmen
/ and on account OF the continued small sun
/ plies making IL difficult for buyers to com
i plete their orders, competition was nee
| essarily slack and there was no material
I change in prices registered the first half
| OF the week. Later. with increased re-
| ceipts. competition was more lively and
choice stock sold at a fair advance i'm
| prices. The demand was principally from
shippers. but from local butchers il was
/ of about the usual Importance During
! the week lambs sold as high as S475 and
/ fancy yearling sheep $S75. The receipts
| today were small. but up TO expectations
/ for Saturday. There were no strictly tor
/ kinds represented. but others sold on a
/ basis OF about steady prices compared with
1 hausted in good season Lambs sold from
/ tatiOns-
/ Good 20 choice lambs. OO04 81
| Common 10 medium lambs ........ . 0Oat3 IS
| Good TO choice yearlings .......... 3 Ol0f3 "A
| Good 60 choice sheep. ..............2 50fl3 ~
! Common TO medium sheep ........ 2 OOlf2 %