The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1919-11-10
MARKETS SHOW LIFE;
HIGH TOP IS RULE
ON HOGS AND CORN
By WILLIAM r. SANeORN.

The receipts OF hogs at indianapolis
last Saturday, at $500, fell but 500
below those at Chicago. indianapolis
receipts were liberal all week and
prices, though erratic, were narrow in
range, lacking either quick slumps or
excited advances. In the main the
live stock markets of the country rule
STEADY and firm, giving an impression
Aof upward tendency and broadening
demand, both from packers and ship
pers Bulk Of hogs at the Indiana me-
tropolis went at SIS Saturday. and the
high spot for the week, $3.50, was
scored on Thursday.
But $50 head of cattle arrived for
Saturday. Calves were also in light
supply and the demand was pressing
enough to advance veals to top of
$19 for the few fancies on offer, but
mediums held at the lower levels of
previous days.
The weeks trading resulted in an
advance of so cents to 81 per hundred
on good butcher cattle, owing to a
better demand from Indianapolis pack
ers. Medium to good cows were up
soc to 75c at the week end, with
good heifers up as much as 81, COM
pared to week ending Nov. !.
Receipts Of lambs were light on Sat
tied Sheep were draggy at from S.
10 $3.50 as to quality, and the very
best native lambs brought but from
s12 to s13 at the week end.
The Chicago Market.
The general average on hogs at
Chicago on Saturday was S15.1O, an
uplife of $3.50. compared with the low
dav of the past two weeks. But 5000
head were received and the bulk of
sales went at S14.75 to $3.50. light
butchers touching s15.45 for top OF the
day.
Compared with the low price aver
age Of 1925 in Chicago on Thurs
day. October 90. lowest since Febru-
airy, 1910, last weeks range must
have been decidedly encouraging to
hog raisers.
A still more encouraging report
comes from as far west as Kansas
City, which made a 15c higher top
on hogs than did Chicago $3.50, COM
pairing, however, with $3.50 a year
ago, under government minimum
price protection Omaha made top
of $685. on Saturday, against SIS
last November The low spot on the
map was St. Paul, at s14,S0, just S1.2O
below Pjttsburg's SIG top.
Chicago Cattle Sales.
Prime steers touched $3.50 in Chi.
rago on Saturday, with good to choice
bringing S1700 to S1S.75. This showed
p small advance on the good kinds
while the common to fair stock was
off 2Oc to soc per hundred. The qua
ity received at this market last week
was about the poorest OF the entire
season and explains why really choice
stock is bringing these outside prices
compared with bulk Of sales.
Fair to fancy calves RANGED at from
$3.50 to $3.50 at Chicago on Satur
day, with sheep and lambs quotable a
about same prices as on November
with prime lambs selling close to SIS
and all others at considerable dis
count.
More Corn Indicated
The Official estimate as to the corr
crop, given out at Washington on Sal
r1,rdav afternoon, makes the best show
ing out Of the year the estimate being
100000. 900 bushels, or practically {
three billion crop.
Chicago traders have displayed few
fireworks in the corn pit. but the sna1
went out on Saturday with break o
10 cents per b1shel in cash corn, com
Dared with Thursdays market, and a!
futures at much lower levels. This l
also true Of all western grain markets
While talking about grain it will 81
well to note that No. Norther'
spring wheat sold at So per bushel II
chicago last week. and as high a
$500 in Minneapolis: also that sprin:
wheat patent flours advanced 40 cent
per barrel in the later city, for ca
lots.