The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-10-19

Hogs-Receipts. $50: shipments. 1.ooo The
marketing OF hogs continues Of good volume the
receipts this week indicating increase OF 5000
last week, 5000 over the same week year
ego and $500 over the corresponding week two
years ago Thus far this year the receipts are
over 23S COO larger than the same time last year.
ana for the month thus far there Is an increase
Of 600 the same period year ago. For
the week ending yesterday the leading local pack
ers bought a total of only e7eS against ISIS
the preceding week and s.o44 the same week
year ago. During the same period the snip
ments were H. 49, against 1.565 the preceding
week ami OSs the corresponding time year
been generally satisfactory. and quite number
OF strictly prime hogs were represented, but. OF
1ne s.anoA e;raa,,sIiv the PROPORTION OF
prime heavy hogs in the arrivals Is decreasing
and the supply OF ordinary hgnt hogs Is lncreas-
eliminate in favor of the good-weight hogs.
and. In fact, they are now selling at a fair pre-
MUM in prices over other grades. and there Is
probably a greater difference between prices OF
there has been since about the middle OF June.
The sharp reduction In prices last week naturally
Comparatively small receipts at the extreme
close of last week and the beginning OF this
and at the high time in the week. which was
yesterday. prices were within about zoe Of the
scented a gain of around 45c in the average from
The low time week ago yesterday. feature
competition from outside sources, and shippers
have generally been the backbone OF the market
200
packers. which IL unusual. 1t observed that
packers at all times were inclined TO press the
market and. being forced into paying the prices.
they. of course, did not take than
CURED for Immediate At the extreme close
Of the week weaker conditions had developed in
the trade everywhere, and a reaction I'm prices
here left the average about 30c higher than the
low time last week The receipts to-day We're
considerably larger than recently at this time In
the week and were thrice large 5 last Satur-
day and about $500 larger than year ago.
The market opened with less competition from
outside sources than there has been heretofore
this week. but packers who have been rather
slack buyers for several days were showing a
little better disposition and finally intimated
that they would be rather free buyers at lower
prices. They were not asking unreasonable con-
cessons. however. and statesmen being satisfied
offerings were soon moving toward the scales.
in a general way prices were 1Oal5c lower than
yesterday. and packers were liberal buyers at
such terms until most OF the morning receipts
had been taken, but. with little Opposition from
shippers and unfavorable reports from other
places. the trade finally began to develop more
weakness. and subsequent sales in some in
the best figures yesterday. Nearly 1850 hogs ar
rived ABOUT noon, which made the receipts the
largest Of the week. 4 good many of the late
arrivals. in fact most Of them, not the
kind wanted by shippers. and consequently they
rema ined out of the market Packers who had
bought freely all day weaker but showed
disposition to take the hogs at decline Sales
men. of course, werC reluctant I'm accepting any
lower figures. hut surrounding conditions per-
suaded them to believe that II would not be ad-
Jay and they finally had to accept packers
terms. Closing sales least 1oc lower
than early morning prices and. no doubt fully
e0c lower than the same kind OF hogs sold yes
teIday. At the close good hogs sold from IS 50
to $3.50. according to weight and quality which
is probably not TO exceed S0c higher than the low
time last week kfngan AZ Co. bought over 5000
hogs. or twice many any day heretofore
this week. and the market closed with a good
clearance Sales ranged from $50 to So, and
early were largely at s.. 90G6, but on the close
ar s5.S0fi5.T. Quotations:
Good to choice medium TO neavy s. S0ff6 OF
Mixed and heavy packing. ........... ). 70Gl5 sc
Good 10 choice light weights......... .S0dl5 o.
common TO Iar light weights........... 5.60n5. q