The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-02-01
NtpTtStnIdUNt :
Cows

Hogs-Receipts, 1900: shipments, 600. The
$780, compared with last week. aDout 1000,
compared with the week year ago. and al
%ess two ase Tha ar hs h
receipts are nearly $500 larger than che same
day the leading local packers bought a total of
1880. against :061s the preceding week and l3.-
same sne eerad bs ss asans
1922 the preceding week and 1893 the cor
responding week year ago 1t would probably
week when the values of hogs were more
irregular or uncertain than they have been this
the least favorable higher prices have followed.
and when almost ali influences favored higher
prices the results have been the reverse. For
example,, on Wednesday sellers believed they
were fortunate in finding an outlet for all Of
l5c in prices from the preceding day, and. in
fact buyers at the close of business that day
a'nf he ON L
TO find buyers at prices fully as mugh higher
Instance. at t Ree. extreme close of the week
when the receipts were the smallest of the
reports from other places. the market generally
was barely steady, compared with the preceding
depended upon the strength from outside sources.
and while occasionally packers have followed
on the Bear side side, and took advantage Of light
opposition to press the market. The quality
has been all that could be expected and many
of the hogs were really as good as it is possible
TO be- There was decided upturn in prices the
last half or the week, ana at the ngn time
they were in the highest position in about three
months. The average at the extreme close of
the week indicates gain of 10415c. compared
with the close of last week. The receipts to-
day fully 1000 smaller than week ago
and 1900 smaller than a year ago There were
hardly enough Of all kinds to establish an ex-
IRENE range in prices. and probably none of the
consgnments were as desirable in every re-
spect as those hat sold at the extreme prices
yesterday. Therefore, il is not easy to make
an accurate comparison of the market to-day
with yesterday. 1t was evident. however. that
the requirements to-day were not urgent.
selections. On account of the very light sup
ply statesmen asking steady prices at the
start, and finally succeeded In selling good
part of the supply on that basis. but occasionally
there, doubt. was &c decline, which made
the average weaker Shipping orders soon
filled and afterwards IL very difficult TO
get local packers to take the offerings at morn
ing prices. Evidently very weak feeling de-
veoped at the extreme close OF the market. and
lower than the opening. At that time however.
few remained to be sold and accurate test
could hardly be made. There appears to be
very few people interested in the business that
have a great deal of confidence in maintaining
prices in their present position. II Is not the
season of the year TO expect higher figures. and
there is a universal belief which natural n
ditions justify. that supplies will be very much
larger within a few months. This. Of course,
will keep buyers the bear side and they are
not apt TO buy more than the immediate de-
from IS 50d7. and the bulk of the supply sold
above 1856. there being comparatively few really
ordinary hogs In the arrivals Quotations:
n. GO "a