The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-02-23


caves 20 00d30 90
Hogs-Receipts, $500; shipments 1000
The receipts of hogs this week have been
smaller, the total showing a decrease of
over 800 compared with last week. about
1900 compared with the same week a
year ago, and an increase of less than 500
compared with the corresponding week
TWO years ago. The receipts thus far this
year are nearly 1000 less than the same
period last year. For the week ended
yesterday local packers bought total
of l2,OS1, against 1888 the preceding week
and 1857 the same week a year ago Dur
ing the same period the shipments were
6,l69 against 9,647 the pre- ceding week and
9.1S2 the corresponding week a year ago.
Inc week opened with the trading only
falrly active at unevenly lower prices, ana
this was followed by a steady market on
Tuesday and &c of the early loss was re-
gained on Wednesday. On Thursday there
was further advance of &c and on Friday
another gain of 5UlOc, at which time the
average was fully l0c higher than the close
of last week. Packers and shippers were
both rather free buyers at current prices,
but their requirements were not large and
nearly every day few loads had to be
carried over unsold. This, however, did
not affect the market the succeeding day.
The quality generally has been up to
pectattons and fair proportion of the ar
rivals were good heavy hogs. There was
very little huctUation in prices of the class
of hogs averaging under 80 lbs, but toward
the close Of the week they showed improve
ment in sympathy with the market for
other kinds. The receipts to-day were about
the same as last Saturday, and show q
slight decrease compared with year ago.
The market opened active with all buyers
in field and the offerings were changing
hands promptly. 1t was soon evident, how
ever, that shippers were wanting small
number. consequently there was not quite
as much animation in the market. There
seemed tc be d difference of opinion among
statesmen, some quoting the market steady
TO strong on heavy and light steady TO
lower, while others quoted the market
steady. good clearance was made and
the closing was quiet. Sales ranged from
s5.75Q6.45. Quotations:
Good to choice medium and heavy s6.2O96 40
Mixed and heavy packing .......... 5.S5GI6.o5
Good to choice light weights...--. 5.90lI6. IL
Common to fair light weights. 5.l5tg5.S0
Common to good pigs............... 0.OOQ5.6o
Roughs ........................... o.0VQbIO
Sheep and Lambs-Receipts small; ship
ments none. The marketing Of sheep and
lambs this week has been small, but little
same week a year ago there is decrease
of over 500 and with the corresponding
week two years ago there is an increase of
over 1000. The receipts thus far this year
are 800 larger than the same period last
year. The most important feature of the
market this week has been a greatly in
creased demand from local butchers, their
orders requiring probably double the num-
Der purchased recently. The supplies being
small, they were forced to pay higher
prices from the start, and most of the time
the margin between values here and in
Eastern markets was so small that ship
pers were unable to operate. Later in the
week, however, there was some increase in
the marketing and all buyers were in the
field. The quality has been probably above
the average for several weeks, and this, of
course, had something to do with the ad-
vance in prices. In the lamb department
sales were reported as high as $3.50. which
is at least soc higher than any sold last
week, and choice yearling sheep sold as
high as So, which is 25c above the extreme
price last week. 1t is safe to sag that the
general market at the close Of the week
was fully 25c higher than the close of last
week There We're only a few fresh ar
rivals to-day. but about an average for Sat
urday recently. There was a good demand
and the offerings changed hands early at
ouotably steady prices compared with yes
terday. Lambs sold as high as SO and sheep
S375 Quotations: