The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-07-12
Representative Sales-Steers.-

Hogs-Receipts. $500; shipments, 500. The re-
fully 10000 over last week, nearly %. coo over the
same week a year ago and over 1900 compared
with the corresponding week two years ago.
Thus far this year the receipts are over 100 900
larger than the same time last year. and for
COMPARED mGedh with 9nSs t fsr s sneee p is q gam = ys Of over over % Zoo
the week o, ending Yesterday the leading local
were ILLS. against 1901 the preceding week
The old saying. "Ail signs fail In dry weather."
was exemplihed In the hog market this week.
and considerably above the seasons average.
Because of the liberal supplies It was naturally
extent Of the decline has been surprisin Out the rhe
continued good demand from both local and out
side sources, notwithstanding the unfavorable
weather conditions, was also a surprise. The
receipts Tuesday were the largest for a single
the largest of the year thus far. and. in fact.
since the week ending Dec. 6. 1902. For the
hogs purchased each day by packers was about
200, and shippers sent out an average of over
], 800 per day: At the beginning of the week.
large. all buyers were liberal operators at re-
duced prices. and it was evident that they ex-
IN prices. To the contrary, however, the re-
ceipts continued liberal. and local packers were
really required. The shipping demand continued
good, but not sufficient to consume the entire
supply. and, With packers overstocked. they were
very Indifferent and forced statesmen to accept
their terms. which were not altogether satisfac-
tory. A feature of the market this week has
been the excellent quality represented. there be-
ing comparatively few common and rough hogs
in the consignments. and the average weight
continues much heavier than usual at this time
In the year. The great scarcity of fancy light
bacon hogs has kept that class at a premium
over heavies. and most of the week there was a
wider spread in values than for some time past
There was a decline in prices every day in the
week, except Thursday and Saturday, and twice
during the week the decline amounted from I5c
20 2Oc, which. of course. is unusual. At the
extreme ClDSa of the week ya1neS ara f,tlrx an,
lower than the close of last week. and the aver
age prices are in the lowest position they have
been since the middle of November and possibly
since the early part of March OF last year.
The receipts to-day. of course. We're consid-
erably larger than a week ago, which was a hol.
iday. but more than twice as large as a year ago.
The market opened with very little inquiry from
any source. and the situation was not very en-.
couraging 10 statesmen. Later. however. when
packers came into the field, they were being
asked to pay at least steady prices compare
With yesterday and. in fact, statesmen rether
exp. cted a little advance. II was soon evident
however. that practically no support from ship
pers could be expected. and finally statesmen
accepted packers offers to pay yesterdays clos.
ing prices. and the market became as active as
one buyer could make. They were taking al
weights at tie lowest prices OF yesterday. and
although they complained OF having more hogs
than they needed. they hnal,y took all the supply
Rough packers 10 good light hogs sold from IS p
10 $3.50. and the bulk of the supply sold at s54,
d560. Quotations.: