The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-03-31

caves 5000
Hogs-Receipts, 1900; shipments, 500.
This weeks receipts of hogs exhibit an in
crease or about l,5D over last week and
a decrease of almost 5000 compared with
the same week a year ago and not quite
5000 compared with the corresponding week
two years ago. Thus far this year the re-
ceipts are nearly 1900 smaller than the
same period last year. For the week ending
yesterday local packers bought a total of
0,605, against 9,207 the preceding week and
IL, $40 the corresponding week a year ago
During the same period the pme
were 4,9l2 against 6,O92 the preceding. week
and 1906 the same week a year ago. There
has been a gradual upward movement in
values this week and at the close of the
week the position was the highest in over
five months. The advance was not due TO
any noticeable Improvement in the quality
from the fact that there were nearly as
as many prime hogs marketed this week as
last. TIL supplies, however. were only
about large enough to meet the immediate
requirements of buyers and this, together
with a sharp up-turn in the provision mar
ket, was mainly responsible for the higher
prices. Shipping orders were not liberal
but rather urgent, and added considerable
strength TO the market. AT the extreme
close of the week the top price for heavy
hogs was 35c higher than the opening and
light hogs sold 212c higher. The high price
or the week was 81, which is the highest
price paid since Oct. 4. 1901. The receipts
to-day were barely as large as the average
at this time in the week recently, and there
were very few prime hogs represented. In
harmony with favorable reports from other
places the market opened with reasonably
active competition between packers and
shippers and there was a natural improve
ment of about sc in the average compared
with yesterdays prices. Unnatural condi-
lions existing were responsible for a sale
lOc higher, but IL was the opinion of most
dealers that this transaction was a little
above the usual market value Of the or
ferings. There was a very healthy con
dition to the market, however. and In was
possible that the extreme price reported
would not have been e-XtraVagant for strict
ly fancy heavy hogs. Although there were a
few urgent shipping orders packers were
the principal buyers and the small supply
was exhausted early. Sales ranged from
s635d7 and were largely above aD
Quotations.:
Good to choice medium and
MiseS nd beayv nactnc
Good to choice light weights. 6.5Od6.7 2L
Common to fair light weights. 635d6 a
Sommon to good pigs ..-.--.-... 54Oas40
tSOuBnS 6OOn6. 20
Sheep-Receipts, small; shipments none.
have been small. showing a decrease of
over 1000 compared with a week ago. hut
an increase OF $50 compared with the same
week a year ago and nearly 500 compared
with the corresponding week two years ago.
Thus far this year there Is a gain of 1 AGO
compared with the same period last year.
On account of the very moderate supplies
all buyers could not be greatly Interested
in the market. and there was very little
change in values until the close of the
week, when the receipts were large enough
to invite competition from all sources. and
the result was a little advance in values.
At the extreme close Of the week the best
sheep were selling possibly 25c higher than
at the close of last week, and a very strong
average was represented in prices Of lambs.
Both shippers and local Butchers were rem
resented in the market throughout the
week, and IL was not difficult to exhaust
the supplies at current prices. The ex-
treme sales were 81 for spring lambs. $50
for other kinds, $3.50 for yearling sheep and
s. for old sheep. A small umb arrived
for the market to-day, and, as usual at
this time in the week, the trading was ouiet
and fully steady prices were realized com
pared with the high time heretofore this
week. Quotations: