Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1847-11-02
r,orrc.pondcncc Of the Palladium
CINCINNATI, Saturday evening. Oct. %.

CINCINNATI, Saturday evening, Oct. %.
Isee by the Merchants Exchange books that
Tho re- has bee n near 5000 head of heavy corn-ied
hogs sold and reported on Change tins week, AT
q 50 per cwt :, and there has been very lew sales
below that price, and they of sIop-fed at about
- IS DER cwt. gross. The market may be said
70 have been firm and active the whole week at
$3.50, and all good lots on the ground were Ia
ken quick with quite show of competition: yet
a contract could not be made for delivery III days
hence or even five days, at S10O. his ~ part
Nv owing to a want of confidence i'll the market
partly to a fear of warm change IN the "ea-
Their and partly the fact that the present orders
to the commission packers are limited 10 Si,ou.
The hogs slaughtered this week are principal
Nv all rendered up except the joints, and the lard
il aways sold be fore the hogs are bought ana SO
is mostly the whole product. The universal feel-
ing amongst buyers seems 10 De ulat the P''e
must come Gown. When operators are so shy mat
thew must sch be fore they buY il indicates any
thing but firmness in the market, at least so tar
Ms their opinion is concerned, and an unwilling
ness to contract at any price, even Tor immaculate
delivery, is additional evidence OF the unsettied
and feverish state Of the market. The few buy
ers that have yet entered the market on their
own account prefer going to the pens ana buying
as they want them, and as the weather is favor
able or otherwise.
On the other hand there will be q strong effort
made to keep up the price, and 1t IS to be borne
in mind that the heavy Eastern capital has not
vet entered the market-that the season IN " hlch
greatest COmpetitlon
hs. not CONNIE nc cd--that the old stock of that
portion Of the product Of the hog now IN least
demand rhans and shoulders is almost entirely
exhausted-that there is an unusually large a
mount Of surplus capital in the country SEEKING
investment: when all these things. ana ONE rs
that mig hit be me ntioncd taken into conslde-
ration. with hint of caution TO all operators,
were nv opinion worth any thing and desired. |
would rive il without hestation-that the present
,ricc ,riu BE- maintained. But no mans opinions
in these matters worth more than Hnother
the lesson. of experience should be the best
,omrtcrs 10 cautious action on the part Of buyers,
.rbe the farmer certainly has a fair prospect 70.
a good price for this great staple of the West
The Telegraph is now in order. but there is
no news Of interest. The dispatch at noon TO-
day from Richmond brings seven days later dates
from, Vera Cruz but nothing from the city Of
Mexico. A French and Liverpool steamer Will
both be due Tomorrow Monday, and We VIII
prohahy have flood of news "just IN time 10
he too late' for the mail to reach you for publ
cation. / am glad to see Won are soon TO nave
the lightning line'' to strike in your good city
Wow will then be independent Of the slow mo-
e;on Of the mails for news. and your correspon-
dents will have to deal in dull particulars or pre-.
serve a most respectful silence, which last wonid
no doubt be most acceptable your numerous
patrons. .
~ aunussments. Judging by the extoliing pun:
hsstowed by almost all the Dahl on the per
fbrmsncc Of "Kneess Opera Troupe" that 4
must he something extra. in company Win
friend went to hear their farewell concert. we
returned with III s conviction, that IT was hoaS-
that We had been greatly bored-that respectable
editors. for the sake Of fee would "puff SCI
~ strass,iur impcstors without talent, grace
beauty or anv thing else to recomme nd them, ant
re most rescuteiy agreed to eschew all suct
humbugs for the future. H.
rf h.