The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1919-09-08
SMALL SUPPLY
OF HOGS BRINGS
BETTER PRICES
lexas Carloads Bring Big
Prices at Chicago-Local
Market Figures.
BY WILLIAM r. SANBORN.

BY WILLIAM r. sANeoRN.
The supply of hogs was SO light at
western packing centers Saturday that
considerable advance over Fridays
low hgures resulted. The average price
at Chicago on Saturday, $19.15, was
DOC over the Friday average, while
the Armour droves cost $3.50 above
their Friday purchases, because they
got much better class of hogs.
Light bacon hogs and light butchers
brought $20.25, and this top price Of
the day was paid for seven carloads
from Texas, surprising as that state
nent would seem in view Of the long
haul in hot weather. The top at
Chicago on Friday was $4,000.
Compared with one week ago aver
age price Of cattle at Chicago was Is
cents lower, at $15.75; hogs, 25 cents
lower at s1S.45; sheep, % cents high
er at $S.75, and lambs, $1.45 lower at
STATS.
Despite the fact that the cattle
than one week ago, prime cattle
reaching $17.S5, the average price for
the week was lowered by the receipt
OF much inferior stuff. Receipts of
cattle for the week were $4,000 less
than for the previous week and 10000
below those for the same week in
1918.
Owing to demoralized conditions
the receipts of hogs at the II west
ern markets fell off 10000 head, COM
pared with a week earlier, and they
were also 1900 below the correspond
ing week last year, when the average
price was 80 higher, at 1925.
1918 Hog Prices Compared.
A comparison Of the prices paid for
hogs in all principal markets, east
and west, last Saturday. with the same
date year ago, shows that hogs
brought more money in 1918, both as
to tops and averages. September corn,
in the meanwhile, was just 10 cents
per bushel below present price, at
$1.54.
Comparing Saturdays top at Chi
cago with same date in 1918 that mar
ket was 80 cents lower; Kansas City,
S5c; Omaha, soc; St. Joseph. 40c;
Sioux City, roc: St. Paul, SOC; Pitts
burgh, zoe; and Louisville, soc per
100 less money. East Buffalo and ST.
Louis market tops were slightly high
er this year than last, for local
reasons.
What Happened to Corn.
In view OF the recent ups and downs
in the live stock markets. and the
reaching of much lower price levels it
will be Of interest to note what has
happened to the Chicago corn market.
The high water mark on September
corn was s1.9S, and the low to date,
$3.50; the close last Saturday, $1.64A.
The top on December corn was
S1.73, the low, s1.27A, and Saturdays
closing price, $1.3134. The other west
mo lzat in the ain rity
with Chicago. Corn has been on the
down turn for 40 days, indicating a
tremendous change, not only in senti-
ment, but also in fundamental condi-
tons. September oats closed on Sat
urday at 70c and December oats at
72Lc. about 13c per bushel below their
top prices.
Including ten carloads on through
billing, the receipts at Glen Miller last
week consisted Of 124 head of cattle,
354 hogs, IT'S head of sheep and lambs,
and 40 veal calves. The first arrl-
walls of Wayne county's crop of spring
pigs came in from off the Arba pike
during the week. E. O. Albright mar
keted 33 head which average $50
pounds and sold at IS cents.
Monday and Tuesdays advance in
the hog market was all lost by Fri
'
on Saturday at $3.50; medium weights
at SIS to $40, with light hogs at SIS
to ST., as to quality; these ranged
at from 100 pounds up to $50. A lot
of cattle arriving at the local yards
from the west. and costing So to SO
now. were going the other way 80
days ago at ST. to Sl5.
Lambs were slow of sale last week,
and hard 10 get rid of at a decent
price Buck lambs sold as low as
IS to $40 for heavies, choice veals
were steady. the top being SIS. while
heavies and thins sold at from IS to
IS, on the local market.
Shippers and Prices
Nern ChenOweth made the largest
delivery Of hogs for the week, 81 head,
which brought him $3,299.5o
Sam Mikel delivered a little lot, on
" 10 head which weighed 1910 pounds,
sold for l71o cents and cashed in for
$666.15.
J. p. Bishop. Harry Jordan, George
Harley, Ernest Baker. ElwOod Fulton
RAYMOND FARSI, Joe Pittman and Earl
Mann were among the men who de-
livered hogs on Saturday.
Deliveries OF live stock during the
week were also made by OFT Gran
or. Ed DOran. G.. T. Adkins. Ben Tosch
log, Marshall Frazee, Dave Conway.
Bert Hunt. Charles Meyers. Harry Os-
borne. Fred Narnauf, Joseph Roberts.
Walter Rhulin, Tony Clngenbiel, and
L. l. Hinshaw.