The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-11-27
w. 90 run~ VI ..oSs ~@AsD l" ihh
Grand Total .l.n6a 0,

This table is only for last year. but will do as a
beginning to start from for the future; the which
are not embraced in this table had not commenced ack
ing packed little to make the worth
noting. To draw correct conclusions from comparisons
OF one year with another will be safest to take only
the places from which returns given for the whole
three seasons. We give below statement of the com
srative prices Of Mess Pork in Cincinnati New Orleans
aud New York on LIST January for Period Of fou
previous to le46.
,s4a no Of Hog: packed At Gin !sMa; 100000
.incinnati New Orleans New York.
Jany No 81 os; CO. =; ooo
1913 Opening price per 100 lbs. .si.saaaoo
',s Hogs packed clad $4,000
10" Opening price per 100 lbs. ..S2.a5 265
OF a Hog. packed 3ni is. 900
Jany opesSns Psss7 Pe. wv 49, $3.50
The business OF the last large in amount
and has proved SO disastrous in its results that
profitable result Of the operations of ls44-5, and
prosperous condition of the whole country furnished
Besides these the primary of the in ls4l
deficiencies in the number of hogs it presumed,
BILE thu. in one year hogs could be increased in number
to great extent Mess pork, which had been sold in
to about STA In this state Of affairs persons were found
willing to buy hogs at price that would
bic them to make mess pork at the current rate here
then ~ per barrel and inthe of the month OF
August several thousand hogs bought at 81 per
100 lbs deliverable in November. &c., lss5 Those con-
ber about the rate until nearly 100 Quo hogs had
been bought thus in Kentucky alone, tefore had
been delivered. Negotiations for money were com.
menced in October when some six months bills on the
East discounted, but in short time bills could
be sold at longer date than four months The dis
were, however, liberal in amount all through Oc-
tober and November. The second week in November
the hogs from Kentucky began to in but in
quence Of the contracts made previously the number Of
hogs for sale the pens very small and continued
MONTH until the hogs from Ohio and Indiana be-
gan TO arrive The competition Tor those which were
for sale OF ay but m nnape of
Of the droves resulted in advancing price
in little while to - 80 per hundred pounds Sales Of
pork had been made at S bOaSl2 barrel lard
7ks7h cents, green hams 5s4a2s, green shoulders
slisa1t and bulk sides a, Ga cents, deliverable in
the Spring. The opinion mat the price of hogs
would advance to SO per one hundred pounds was
very generally entertained.
But by this time (December) the action of Congress
regarding the Oregon Territory began to give uneas
to capitalists, and created such panic in the
money market that was nearly impossible to obtain
money on good bills at three mon'hs-some OF the best
acceptances the trade could produce selling in the cas-
tern cities at lH per cent per month. OF in
such condition of the market the price instead of adj.
vancing began recede and this recession was aided
by the closing OF the river, which, owing the
weather. remained closed by ice from Monday Dec sh
10 Tuesday, Jan 9th, space OF four weeks.
And now some doubts began to be ertaned regard
ing the calculations of short crop of hogs, prices
gradually declining TO SO 20 - per 100 and packers
making immense exetions to negotiate for the Of
packing at these prices But the ercia affairs Of
the whole country unsettled by continued difficulty
attending the Oregon and Texas questions including the
anticipation OF war with Great Britain and Mexico
Pork and lard continue to give way price in all the
markets east AMI SOUTH and had to follow here until at
last hogs were sold at S3 S3 per 100 pounds mess
pork $40 and lard at cents 1t then sscertained
that 27 600 hogs had been cut in this city Of
80 per previous year. and than had
been here before Su the packers hoped something
would to help them and although saed that the
increase great at this point, would not believe il to
be at any other. Reliable information this head,
however had and II shows that the number OF hogs
packed in the valley Of the Mississippi in 1896 amount
ed TO above s2 900 head against something less than
800 900 in the season OF lS4l
After this was known, came the declaration of war
against Mexico, which many persons supposed would
operate avoaby for holders Of pork by crestng large
government demand. Instead Of this however operat