The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-06-29

Hogs-Receipts. 1000: shipments, 15oo There
Is some change to report in the marketing of
hogs the total this week being over 5000 smaller
tnsn last week, but 1900 larger than the
same week year ago, and about 1000 larger
than the corresponding week two years ago. Thus
Tar this year the receipts have increased $1,000
compared with the same time last year. and for
the month thus far there is a gain of over AZ 600
over the same period last year For the week
ending yesterday the leading local packers bought
total OF 264s7 against Is. 403 the preceding week
and A.ll9 the same week year ago. During the
IL. 12s the preceding week. and sssI the CORE
spending week year ago.
frequent and decided that the market could not
be satisfactory to the selling side profitable
to shippers: There was change in prices every
day. and the customary difference of SC to 1Oc
from one day to another increased to 15c
eence OF a5c could be accounted FOR compared with
the extremes the preceding day. The best fea-
exceptions. there was an outlet for all the hogs
at current prices. Shippers did not buy as large
local packers bought more The quality e Of t tbe
hogs has been very good all week. and small
weights There has been a continued narrow
spread in prices with all weights selling prac-
fancy light bacon hogs could be sold at a little
premium prem over other grades grades, The market for the
but the next morning there rather an ex-
cited market. and all of the preceding days loss
values settled again to basis of those
Monday. On Wednesday buyers took off iust
zoe, and Thursday reduced the average l5c
more On Friday there rally of 15c which
put values in practically the same position as
on Wednesday, but ii any different shade
stronger There was further reaction in prices
at the extreme close of the week. at which time
the average fully 25c lower for heavy and
about 20c lower for light than at the close of
last week
The receipts to-day were fully 1.yOo smaller
than a week ago, and about that much larger
than year ago. The market opened with rather
excited competition between shippers for prime
light bacon hogs and the first sales of that ella IS
were made at fully steady to strong prices COM
pared with yesterday. From the start however,
heavier weights sold weak to &c lower, and none
OF the big hogs sold on the opening. Packers
refused to follow the line started by shippers
and before half of the supply had changed hands
the trading was at standstil. At this time
the most important orders had been executed.
and shippers refused to buy any more at opening
figures. Packers, left alone in the market were
very Indifferent. and finally compelled statesmen
of fully 10c in prices compared with Yesterday
and some of the late sales possibly nearly
15c lower than equal kinds sold at the high time
yesterday. On the late market 500 was the pop-
uiar price for medium to heavy hogs, and II is
hardly probable that any kind would have sold
as high as So. good clearance finally made
at the late decline in prices. Sales ranged from
s. 90 to 1915. but SCI virtually the top and
the bulk of the supply sold at s5sO@6.o5. Quo
tationS
Good to choice medium to heavy S. 90f76 OF
Mixed and heavy packing. 90li OF
Good to choice light weights. $500 1.
Common to fair light weights. .9065. 8.
Inferior 10 best .0Ofi6. o.
D. -