The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-09-13

Hogs-Receipts $500: shipments. 500. The
cepts of hogs this week nave peen OF Ialr Vol,
ume showing only a slight change compared
with last week and an increase of about lO,oOO
over the same week year ago ana the CORE
spending week two years ago Thus Tar this
year the receipts over 2l4,Vy0 larger than the
same period last year. and for the month thus
far there is a gain 5000 compared with
the same period last year BY the close of next
week the receipts for the year thus far Will
have passed the one-Inillion mark, and last year
this did not occur until the latter part CT Octo-
Der. For the week ending yesterday the leading
IA, 423 the preceding week and 6.ls1 the same
week year ago During the same period the
shipments 1901, against $500 the preceding
week and S,06J the corresponding week year
ago -,
ana OF buyers hold them down there were
continued frequent changes in prices this week.
rarely more than l0c and generally not to exceed
&C The advance in prices of lard stimulated
while prices of this class were advancing the
light weights did not gain much Therefore,
Of these grades has been almost wiped out.
This shifting in the position OF values has also
for light hogs and pigs which characterized the
trade some time ago. 1t is, however. coming
place, and, therefore, there can be great
Importance attached to present conditions. The
Immediately advanced and then reacted, leaving
prices Wednesday about the same Mon
1e415c in prices and fully l0c of this lost
! the extreme close of the week. The gain
TO heavy grades, and at the close Of the week
they represented net advance of about l0Gi5c
in prices over the close of last week. while
light hogs were very little higher than
at that time. For the first time since last June
all of the good hogs have sold above So. In the
past few days a greater number of unfinished
hogs and hogs that were not strictly corn-fed
have been noticed among the arrivals, and this
has brought the average quality below the high
standard of some time ago.
The receipts to-day were fully large as a
week ago and more than twice large as
year AS usual at this time in the week
there were not many important shipping orders,
and, with an ample supply, il evident at
the start that some concessions in prices would
have to be made to move the supply. Packers
who have been buying rather sparingly for a
few days were Ill a position to take a larger
number to-day, but they could not be persuaded
to pay yesterdays prices in any instance They
were not unreasonable, and when satisfactory
terms had been arranged they took all of the
supply, Notwithstanding the limited opposition.
In most cases sales represented decline loo
in prices and occasional transactions appeared
TO be l5c lower. There were not many late arri-
vals and tho late sales were not perceptiby
different from the opening. The extreme range
In prices to-day was from Sc to $500 and the
bulk of the supply sold at $610Q6.l5. Quotations
Good to choice medium to heavy. Sc 0OGp6 IL
Mixed and heavy packing. ............. g. SOFAS II
Good to choice light weights. 6.lOli6 %
Common to fair light weights G. O0liS o;
Inferior to best pigs. 4oOll6 IL
houShs ana staSs 4.504I5. q