The Indianapolis journal., 1902-05-19


Hogs-Receipts. 1900; shipments small
The marketing of hogs is of good volume
the receipts this week indicating an in
crease of over 5000 compared with last
week, decrease OF only 1000 comnared
with the same week a year ago and onlv a
slight change compared with the corre-
spending week two years ago. Thus far
this year the receipts are 6S5O0 smaller
than the same period last year For the
week ending yesterday the leading local
packers bought l4S7S against 1s0 the
preceding week and 2O.024 the same week a
year ago. During the same period the
shipments were 1892. against 32S1 the pre-
csulns week ana 0,gOS the corresponding
week a year ago There have been fire.
quent charges In prices of hogs this week
Dut Tor the most part the tendency has
been toward a higher level i'm values The
quality was improved and a larger propor-
ton OF good weight hogs were representsd
than last week. Packers as usual for
some time past, were inclined to be bear
ish at all times, but fortunately there was
a nice Improvement in the demand from
OUTSIDE sources. and with this additional
outlet the increased supplies were usuaiIv
exhausted promptly at current prices The
week opened with values showing de-
cine or 5qlOc compared with the close of
last week. put fully half OF this loss was
regalned the next day. In the next two
days there was gain of from l0d2Oc but
later about half of that was lost. At the
extreme close Of the week the market
showed stronger tendency and values
were fully sc higher than the average al
the close or last week. The demand has
Dtth pest lor good Hght hogs and they
showed more strength relatively than the
heavy grades. The extreme price OF the
week was 81 40 which is 15c higher than
the lowest top price The receipts TODAY
were l,5OO larger than a week ago and al
most 1000 larger than a year ago The
market opened with only a tair inquiry
from shippers. but in sympathy with other
places there was stronger feeling indi-
Gated in the bidding at the start and sub
sequent sales showed that values generally
were more satisfactory than yesterday
vrls 1fxrfgF 9
statesmen as TO the extent OF the improve
ment, some claiming that all of yester-
day loss was regained, but generally 1t
was claimed that prices were not TO ex-
ceed &c higher, quality being considered
A representative OF kingan & CO. who
bought most of the hogs claims that their
purchase would not figure &C more than
yesterday. As usual for the past few days
after most OF the supply had been sold IL
was a little more difficult to make trans
ferS, but closing prices were on about the
same basis as the opening, and all OF the
fresh receipts changed hands. Sales ranged
from - % 10 $40. Quotations:
Good 10 choice medium and heavy. 81 15d7. 10
Mixed and heavy packing. s. Sslf7 20
Good 10 choice light Weights....... s S5fs7 "a
Common 10 fair light weights. 6 75d6 No
Common 10 good pigs..--............ 6OOq6 so
RouSnS 8. .25Ii D. 30
sheep-Receipts. $50: shipments. COO. There
Is an increase 10 report in the receipts of
sheep and lambs, the total this week being
100 larger than last week, LOO larger than
the same week a year ago ana lsSuO larger
than the corresponding week two years
ago. Thus far this year the receipts are
1900 larger than the same period last year
There has been a very satisfactory market
this week for clipped stock OF good quality
and flesh and strong average In prices
was maintained. notwithstanding the in
crease In receipts. Wool stock throughout
the week sold poorly and prices at the
close OF the week were probably 25c per
100 pounds lower than the close OF last
week Spring lambs. most OF the week were
NJ eood vaIue but the increased sur-nIies
ct the close OF the week were responsible
for reaction OF about SOC In prices Top
sales os the week were $3.50 for spring
lambs Sc 50 for yearlngs and $50 for
clipped sheep. No doubt there will be a
greater discrimination against the wool
stock in the near future and shippers
should not market any more OF that class
than they are absolutely forced TO. The
demand Is best for the handy-weight stock
that Is, thick. fat There was a good