Indiana American. [volume] (Brookville, Ind.) 1833-1861, 1853-11-11
Hogs.

As this Is the season Tor packing pork,
there Is general inquiry as TO the prob
able price TO be paid and the probable
number Of hogs in the country. From
the best Information that we can gather
from our exchanges, we conclude that
the price ought not TO advance much
above the present, yet we suppose twill
be shade higher before the seaso n
closes.
Last year hogs opened In Cincinnati
market ut 50 90, n 5,25; this year $500
may be regarded as the opening price
With reference TO stocks, Il is true there
is more pork and bacon in the country
now than at this date last year, but OF
lard the stocks are very light, the foreign
demand having been unusually heavy.
But, with reference 10 the present con-
dition OF the trade, and independent OF
antecedents of prospects, the facts do
not vary materially from those presented
at the beginning Of last years business.
But when we connect them with the
past, and what promises TO be the future
movements, the aspect changes. aid the
inducements to operate at high prices
seem to be less encouraging than even
last year.
The average prices realized for pro-
ducts since the close OF the season were
scarcely equal to $4,60 for hogs, and to
Justify the same figure last year, we must
either have no increase In the number OF
hogs, or greatly increased foreign and
domestic demand for products.
With reference 10 the foreign demand
we are disposed TO think too much Inn
portance has always been attached 10 itl
The total amounts shipped from the
United States during the nine months OF
the current calendar year were as fol-
lows, compared with the exports for the
corresponding period last year;
THIS ykAE, LAST yBAh.
Pork bbls ill,03S b5,6O4
Bacon hhds 3b,o72 7,i64
Lard kegs dli,po0 $4,000
This reduced TO pounds is as follows
Pork and Bacon 90 100000
Lard lb,i7B,OOO
This IL equal. OF tho former TO the pro-
duct Of about a7b,0oo Hogs, and OF tho
latter, TO 100000 Hogs. The increase
In the crop last year was about 100000
head, and should II increase half that
amount ,hls year, the excess would be
nearly equal 10 the entire foreign do
mand. A European war would be likely
" effect fpyorably the foreign consumP'
tion.
The high price Of Corn will not have
that effect upon the crop Of Hog. that u
generally supposed. II II true that corr
has been scarce and dear In all places
that were convenient 10 market, but thet
the new crop will prove about an aver
are both as regards quantity and quail
wi aud this may be used, " q large ex'
tent, In feeding for December any Jan
uary market. Besides, the largest crop
of Hogs ever produced In the West, IN
proportion 10 the population, was IN H.
a7S4s, although Corn had ruled hlgl
tho preyleus hummer, whom immena'
quantities were shipped TO Europe.
Taking oil things into consideration
therefore, Il will be seen there Ia gren
reason for being cautious. We have nc
desire 10 see the market unduly depress
cd, or excited, and we have no intention
of usuIng, or allowing our columns 10 b
used To do either. We do desire, bow
ever, 10 sec the business transacted up
on basla that will DO likely 10 insure !
healthy trade. II Ia wrong 10 auppos'
that Il makes no difference 10 farmers
what the result may be, provided they
get high prices. A disastrous seasoi
with packers would operate az muel
against the interest OF the agricultural
lot another yeur, rs the cause OF such
result would benefit them this season :
An undue imitation OF prices OF any lead
ing article disarrangos trade, disturbI
confidence, and operates against the n
terest Of the country at large.