The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-08-10


Hogs-Receipts, 1900: Shipments $50 The
marketing of hogs this week has been of
only fair volume, the total Indicating a de-
crease of over 5000 compared with last
week, 1900 compared with the same week
year ago and over 1000 compared with the
corresponding week two years ago Thus
far this year there is a decrease of nearly
l4i,OO compared with the same period last
year. For the week ending Yesterday the
leading local packers bought a total of 10
al. against 1855 the preceding week and
2l,4I2 the same week a year ago During
the same period the shipments were 1866
against S,225 the preceding week and 13 229
the corresponding week a year ago With
one exception there has been a decline in
prices every day this week, and al the close
OF the week, when prices were the lowest
the feeling was decidedly the weakest
While there were few dealers earlier in
the week that believed the market might
react some, the opinions at the close of the
week were practically entirely favoring a
continued slump in the market. Occasion
ally dealer can be found who predicts
short supplies for the next few months bur
1t seemed to be the general opinion that
there are enough hogs to meet the REQUIRE
ments at the high prices prevailing In
fact, use a common expression in NAV
be said that practically all of the bulls on
| the hogs situation have been dehorned The
! quality generally continues of high stand
ard and it appears that fancy light hogs
! are becoming scarce. Since Wednesday the
market has declined about 25c for an aver
| age, and there is about the same difference
to note compared with the close of last
/ week. The range IN prices has not changed
materially and heavy hogs are selling at
! about the same premium over lights that
| they were week ago. The highest price
paid this week $40, and at the close
| of the week S1.45 represented the top The
| receipts to-day were small for a Saturday
| market and show a decrease of over 500
| compared with a week ago and nearly 15OO
compared with a year ago. With evidently
/ limited number of shipping orders in the
/ hands of buyers and other places reported
| lower the market opened with the bidding
| lower here but consistent. Consequently a
| trading basis was arranged rather early,
| and with packers the leading buyers the
offerings changed hands promptly enough
and clearance was made in good season.
| In a general way the market was reported
&c lower than yesterday, but there were
| probably occasional sales that represented
! 712u10c decline. There was rot complete
| variety of grades represented, and there
/ fore the extremes could not be established
| by sales. The range Was from s. 20 to s.. 45,
and most of the supply sold at sZ25d7. So
! Quotations:
! Good to choice medium to heavy 81 3O6I7 As
Mixed and heavy packing ......... Z. 2O617 321!
| Good 10 choice light weights. ..... 1851 321a
| Common to fair light weights. 7.1o07-20
| Inferior to best pfgs................ 57oT7.O0
| Roughs and stays. 650617G0
! Sheep-Receipts small; shipments none.
| The receipts of sheep and lambs this week
| have been comparatively small, showing a
! decrease of nearly 100 compared with last
| week, almost 1900 compared with the same
week a year ago and over 800 compared
with the corresponding week two years ago
| Thus far this year the receipts are less
| than 1000 larger than the same period last
year, while the first of July the increase
| was nearly 1900. There was very little
| change in prices at the beginning of the
| week but later on account of quite a fall
ing off in the requirements from outside
| sources a decidedly weaker tendency de-
| veloped in the market for lambs and at the
extreme close of the week they were sell.
! ing usually about soc lower than the close
of last week Good sheep continue scarce
and on that account about steady Prices
were maintained throughout the week
! There was very little change to note in the
market for stockers and feeding sheep
The market after Tuesday was benefited
by more than an ordinary demand from
butchers. The highest prices reported thi.
week were $50 for lambs. while at tn,
close s. was about the top and sheep SOLD
as high as s360T3.75. although $3.50 wa,
usually considered the top There wer.
not enough fresh arrivals to-day to estab
lish prices for any grade and therefor,
there is no quotabe change or improve
ment 10 report in the market compared
with yesterday Quotations:
! Good m choire lambs SOlI5 n