The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-06-15

Hogs-Receipts, $500; shipments none. The
receipts of hogs this week have been
smaller, showing a decrease of nearly 5000
compared with last week, over 1000 COM
pared with the same week a year ago and
a gain of nearly 1000 over the correspond
ing week two years ago. Thus far this
year the receipts are over $4,000 smaller
than the same period last year. For the
week ending yesterday the leading local
packers bought a total of 21,Hs against
26,nS the preceding week and 24.940 the
same week a year ago. During the same
period the shipments were 2S42 against
3,411 the preceding week and $3.50 the cor
responding week year ago. The quality
generally has been fairly satisfactory, pos
sibly better than the average last week,
but there has been a continued scarcity
OF prime heavy hogs, such as are expected
to command the full strength of the mar
ket. Statesmen have been Handicapped by
limited competition, and prices, as a rule,
have not been as satisfactory as expect
ed. The fact that there have been few
sales at extreme prices not altogether
the fault of the market but because there
have been comparatively few hogs here
good enough to sell at such prices Ship
ping orders have been mostly for selected
hogs; consequently mixed grades did not
sell to as good advantage others. Sales
men, in the face of moderate competition
and ample supplies, were successful in max
ing a gain in values. but they had to fight
for all they got, and then, at the extreme
close Of the week. were finally forced to
this week was S.521R, which is probably the
highest price ever paid for hogs in this
market in June. and it is the highest paid
here since May "a 1892 when the top was
S.621z With the exception of the year 1893.
prices have not been as high here since Sep
TENDER, 1882 AT one time this week values
were fully 15c, if not zoe. higher than the
close of last week, but at the close of this
week the difference is not to exceed 1Oc.
There was a good run to-day for Satur-
day market, the receipts being nearly twice
a a a hut full N
smaller than year ago. The market
opened with shippers executing a few or
ders for selected hogs at about sc lower
prices, but ii was evident that they were
not we'll supplied with orders, and packers
having been apparently well supplied
throughout the week, they were inclined to
take advantage of another ample supply
to-day and little opposition. They were
bidding from 10c to 15c lower in most cases.
especially for mixed hogs, but statesmen
would not transfer their conSignmentS at
such figures. Therefore the market was
without animation. and it took considerable
time TO agree on a trading basis. Finally
however occasional sales were being re-
ported at a decline of fully 10c in prices
and at a late hour a good clearance had
been made on that basis. Different sales
men quoted prices from sc to 15c lower than
yesterday. and ii was generally conceded
that the decline would average 10c Sales
ranged from $685. to $50. and a small pro-
portion of the supply sold below $3.50. Quo
tations
go ~ lt.srV
Mixed and heavy packing. 6.906I7 8
Good 10 choice light weights........ 6.S567 10
Common TO fair light weights. 6.65d6 80
Common 10 good pigs. 6.O0GI6. %
ROughs 6.25GI6.S5
Sheep-Receipts. 100. The marketing of
sheep and lambs this week shows a &C.
crease of only about 100 compared with last
week. an increase of nearly 1900 over the
same week a year ago and a decrease of
over 500 compared with the corresponding
week two years ago Thus far this wear
the receipts are over 12.C00 larger than the
same period last year While not excessive
the supplies this week have been ample 10
meet the requirements of buyers and there
has been more or less fiuctuation in prices
As rule. however. reactions have been
followed by steadier tendency and the
average decline for the week was probably
not 10 exceed 25c on good stock while
others were possibly as much a soc lower
occasionally. Both shippers and local
butchers have been in the market all week
and statesmen succeeded in making good
clearances at current prices. Top prices
paid this week were $3.50 for lambs and &
for sheep but at the close of the week
there were not many lambs bringing over
SIS or sheep over $3.50. A small number ar
on Saturday. the market was quiet but
sales did not represent any material change
in prices compared with yesterday. Lambs
sold as high as $3.50 and sheep as high as
$40. Quotations:
spring lamos "a oo26.0
Good 70 choice yearlings........-... 60o86.50