Salt Lake Telegram | 1916-02-26 | Page 9 | Hog Prices High in Chicago Market

Hog flog Prices High in Chicago Market Marke CHICAGO Feb 26 Hog Hog ces t today ay were the highest since last lat October The Th immediate Incentive for buying was wa th the fact that today's receipts receipt proved to b be much less ices numerous than expected Cattle Catte quotations were almost nominal nominal There was no Urgent call can for sheep o or lam lambs bs Wheat prices showed considerable weakness today largely as a result o of lower quotations from Liverpool a and because because because be be- be- be cause of ot forecasts of larger shipments shipment from Argentina and Australia The fact fac fat that most of ot yesterdays yesterday's big export sales sale In the United States turned out to b be for deferred shipment was also a bearish influence Increasing receipts Northwest tended further to handicap the bulls buns Opening prices which ranged from C 0 Coff off of to o 0 up with May at to and July at 16 to 11 11 were followed by a decided general setback anc and then a moderate rally Corn developed strength owing to fallIng falling fall fall- ing off oft In arrivals At first however the market was somewhat t depressed by th the weakness of wheat After opening unchanged unchanged unchanged un un- un- un changed to o lower prices underwent underwent underwent under under- went a further furher sag but soon rose to well wol wol above yesterdays yesterday's finish Oats were governed chiefly by bY the action acton action ac ac- ac- ac tion ton of corn Cash houses bought rather tr freely Higher prices on hogs lifted provisions Offerings were scarce scare