Wheeling daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1852-1859, 1853-02-02
Speoulations ON Pork.
The st. Louis Republican has the following.
It is certainly good logic: u

| The ST. Louis Republican has the following
1t is certainly good logic:
PoRK.-From information SO far obtained, the
yield of the Pork crop the present season is esti
mated at 200 600 hogs over that of last, footing up
the aggregate sum of l,598,84S head The same
information gives the loss in weight this year at
from 10 to 10 per cent taking the medium of these
extremes, and estimating the deficiency in'weght
ah123 per cent. we have 199,565 head to be de.
Quoted from the above supposed gain. This leaves
but small difference in the yield of the two sea-
sons. AT the prominent packing points the opera
tons of the present year show largo increase on
those oflast but it seems to be pretty well under-
stood that these prominent points have drawn large
y on the business of minor ones. and that, looking
the whole county in reference to the matter, it
will be found that the hog crop of 1923 will not
exceed i'll numbers. the estimated amount above
named, of 1912. The statement Of the deficien-.
cy in weight is corroboraed by the falling off i'll
lard, and is still further sustained by the probabili
ty that the high prices which have ruled brought
everything, big and little fit ut all for the knife,
10 market. i.
Assuming, therefore. the above data (taken prin-
cIpaly from statements made OH the Oho,) it will
be hard to understand how the comparatively small
plus of the present season over last can effect ma
terially the price of the products lead 10
extraordinary or very serious decline in the market
At the beginning of the month of May last, mess
pork reached the figure at which it is selling now
and from that time until the close the year it i'm
proved largely on these rates. Neatly at the very
| commencement of the present season the article
recovered from temporary decline, and this resto-
| ration determined, in great degree, the market
| Tor the new crop. This is mentioned to show that
the stock of the past year, at the close of the
son, was pretty generally disposed Of and that the
amount left over, if any, IN comparison with the
surplus oil othef years, was extremely light. Those
who are SpoSed to estimate the present crop at
higher thanit has been placed as above stated,
will have also to take into consideration the fact
| Just adverted to. I'D sAsr
1t appears, from reliable authority, that ut least
half -
| been purchased by eastern buyers, and that gene
| rally, throughout the west, spectators from the
Atlantic cities have made the most liberal invest
ments. This, it seems to us, will have q tendency
| TO effect an equal distribution over the country,
| wherever Il demand exists, and thus prevent the
| fluctuations which very naturally occur when one
point is made the sole and exclusive mart. The
demand is also on the increase. Industry al this
| time meets with IN almost unprecedented reward.
Labor OF every description is in requisiton. Pub
lie works, in process OF construction, meet the eye
AT every point and individual enterprise is extend
ed into every branch OF business. The gold re.
glons, while they open up market for the produce
| OF the agrlculturlS furnish the means pleniifuly
by Which department OF trade requiring the employ
ment of the industrial classes, is stinulat and
enlarged. Wages are almost double at this time,
TO what they have heretofore been; and where
every body is engaged, and every body amply paid,
an enhanced consumption OF good bread and good
| meats must follow.
| We may be mistaken in our view OF the subject
but rs far as our Wis on extends there is nothing
| that wears the appearance ola coming panic. The
market seems TO be on firm basis, far MS il re-
CARDS the maintenance of the present prices. 1t
may be that the crop of pork the present season,
will turn out much larger than is anticipated, but
we really believe, with the prosperity the whole
world exhibits at this time the public and private
enterprises every where manifested, the high prices
paid for labor, and the result of last years opera
| tons us criterion by which 10 judge, that, admit
ting the calculations of some III tn.S respect those
who have engaged in pork operations have but lit
tie TO lear from 4 material decline i'll prices.