The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-12-06
BIG WEEK In HOG MARKET
RECEIPTS FOR YEAR THUS FAR
OVER 100000 LARGER THAN 1902.
Wide Fluctuation I'm Prices OF Hogs
This week-Cattle Receipts COM
paratively Small.

UNION STOCKYARDS, Indianapolis, Dec. g.
Hogs-Receipts. 1000; shipments. 1000. The
marketing of hogs this week has been compare
lively liberal. showing a gain of nearly 5000
over last week. very little change compared with
the week year ago. and decrease Of
almost 10000 compared with the corresponding
week two years ago. when the receipts
ord-breakers. The receipts thus far this year are
over 100000 larger than the same period last
year, and for the month thus far there is a gain
Of nearly $500 compared with the same period a
year ago. For the week ending yesterday the
leading local packers bought total of rs. 52l.
against 1889 the preceding week, and 21.s61 the
same week year ago. During the same period
the shipments 1881, against 3.175 the pre-
ceding week, and 1918 the corresponding week
a year ago.
There has been more than the usual huctuation
In prices Of hogs this week. and prices have
suffered some change or made an advance every
day. Therefore. 1t doubt has been difficult
for country shippers to keep in line. The week
opened with a good advance. but this soon
lost, and then came another excited market. with
an unusual upturn in prices. This had the nat
ural effect of stimulating the buying in the
country, and a result the receipts toward the
close of the week were unusually large. and
there was a corresponding reduction in values
The market the early part of the week was sup
week. after sharp advance here, the margin
between prices as compared with Eastern mar
kets smaller. and consequently decrease
in shipping orders At the extreme close of the
week packers were in a better position to dictate
prices than they had been at any other time,
and, although they were not really unreasonable.
they succeeded in getting good decline. 1t was
observed that there more change this week
in extreme prices than In the general average
of the market. and. therefore, sales have been
to some extent misleading Kingan & Co.'S rec
ord shows that their hogs Monday &c
higher than Saturday on Tuesday &c less than
Monday. Wednesday &c less than Tuesday. Thurs
day 12c higher than Wednesday. and Friday
Sc less than Thursday. To-day their hogs cost
around 1Oc less than yesterday. which would
make net loss for the week of about SC COM
pared with the close of last week.
The top price at the close of this week. how
ever, is the same at the close of last week,
1Oc lower than Monday. and 25c lower than the
extreme price of the week. The receipts to-day
were comparatively liberal for Saturday mar
ket, and show gain Of nearly 5000 over a week
ago and 1000 year ago. Chicago had IL. 900
more than estimated. and with 1000 carried over
from yesterday there nearly 40 900 on sale
there. All of these circumstances, however. con-
tributed to a weaker market at all points, and
the decline here was in keeping with other places
unfortunately, TOO, the demand from outside
sources when the market opened this morning
very limited. and this. of course. naturally
made packers more independent. They were in
the field from the start. however. and were In
clined to be liberal buyers at decline of loo
to l5c in prices. which was accepted by statesmen
rather early In the day, and the trading as
active could be expected, considering the
number of buyers in the field Even at the de-
cline shippers We're unable TO get many orders
consequently packers were practically alone In
the market, but they seemed TO be. satisfied with
prices. and a good clearance of the morning re
| ceipts made in due season at opening prices
| Several cars Of hogs came In late, but hardly
| enough change the market materially and
in fact. the closing sales were reported steady
| the decline. Considering the number Of hogs or
SALE prices were very fair. and satisfactory
| clearance finally made. The rang,
| In sales from Us to Sass. and the bulk Of
the supply sold from 81 40 to 81 80. with probably
| more at "a. 40 than any other price Quotations:
Good to choice medium to heavy. s. 40Ql4 s.
Mixed and heavy packing 430I4 a
Good TO choice light weights 435Ii.4
Common TO fair light weights. 425fi4 8
Inferior to best pigs. 350I4 3
Roughs and stays 3!544.1