Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-09-27
HOG PRICES
DROP so CENTS
Trading In Cattle Some Better
Sheep and Calves Lower.
RANGE OF HOG PRICES.

Despite the fact that there was an
upward tendency in the prices on the
Chicago market today at the opening and
on other outside markets, there was a
general decline of % to so cents in hog
prices on the local market at the open
ing today and throughout the trading or
the forenoon, in which most OF the 1,OoO
fresh hogs and the LOO left overs was
sold, there was no change in the price
schedule.
For the first time in a considerable
lapse of time mixed and heavy hogs
brought more on the market than did the
light hogs, but commission men attriD-
uted this more than anything else to the
fact that the quality Of light hogs on
sale was not as good as usual.
Light nogs generally brought around
the SIT mark, but there were very Few
of extreme fancy light hogs that brought
S17.25, which was the top OF the mar
ket
The general price of the mixed and
heavy hogs was S17.1O017.25, with the
bulk of sales in these grades at $17.25.
There was an absence Of hogs much
over 500 pounds.
The bulk of sales ran close to the SIT
mark.
With the decline in price on poor sem
timent, local packers were active and
took approximately 1000 hogs, with
Kingan & Co. leading with 2,6OU.
and succeeded In filling most OF their
orders.
Trading was active and most of the
hogs on the market, with the exception
of a few odd lots, were sold by 10
o'clock, which IL an exceedingly early
close for the opening day of the week.
Commission men stated that there was
a noticeable shortage of good light hogs
and went so far as to say that 1t might
be that from now on the market woulu
be flooded with poorer grade OF hogs.
The past month, especially, has been
marked by an abundance OF good hogs
IN all grades.
There was a better sentiment to trad
ing in the cattle market today at the
opening, but trading at that was Tar
from the usual trend of the market for
this time Of the fall season.
Packers were more active than last
week and with the buying among the
spectators IL was thought that by the
time the market closed there would be
but few of the roo receipts OF the day
left, although there are some cattle In
the pens that are being held over.
There was considerable stun left ovsr
from the saturday market.
Considering the grades OF cattle that
were on the market prices we've about
steady with the close Of last weeks
market.
A run of poor grades, in addition to
the poor sentiment OF the market, caused
the price OF calves TO decline so cents TO
81. with a decrease OF 80 cents on the
choice calves and 80 cents TO 81 on the
lower grades.
Choice grades brought Sl6.50GiT.50,
but there was top OF SIS, with but few
calves bringing that price.
Mediums sold at Sl0l4 and common
and heavies dropped TO STGl0.
Receipts for the day Appropriated
400.
There was a fairly good run Of sheep
and lambs on the market, with the re-
eeipts at 600. and considering the fact
that the sheep were weighed wet, the so
cents decline In both sheep and lambs
really did not disturb the prices much.
They could he called fairly steady.
sheep brought S5M5.50 and the top OF
lambs was $3.50.