The Democratic sentinel. [volume] (Cadiz, Ohio) 1852-1853, 1853-11-16
From the CinsinnsS Price Current
The Pork Trade. .luaE.


reach 100000 head. This increase is ex-
pscted to result from our extended Rail
Road facilities, which are tending steadily
to concentrate the Pork business Of largeI
area Of country. extending through Ohio,
Indiana and Kentucky, at this point, more
than from any actual i1cre4se in the nun'
Der Of hogs in the country. .-.-.... LII. /
There are now in operation in lndianapo-
!is--the centre of the railroad system of
that State-two direct lines Of railroads.
one via Richmond Indiana, and the other to
Lawrenceburgh, where II connects with
packet boats to this city. Last year we had
no road to Indiana, and the consequence
was, hogs were packed at other points, that
with the present facilities for reaching this
market, would have been disposed OF here.
From the fact of there beir tpJ roads, ship
pers may calculate on reasonably low rates,
and ample Accommodations, and we pre-
sumo the premium that slanghterers are
paying for the privilege Of killing will de.
fray the expenses of transportation, TO This
market. From Kentucky. according to the
best information we have, there will be an
increase Of 40, 600 head. The total number
from that State last year, including those
slaughtered At Covngtou, was rs. QUO head.
We understand that fewer hogs have been
driven East and South this year than usual,
and quiIea number have been sold in this
market for early e4livery from section of
country that formerly supplied Virginia.
In the South, as our readers are aware, hogs
have been steadily increasing for threeyears
past, and this cuts of, in q, great degree,
the market that has heretofore existed for
early Kentucky hogs in that section Thus
tits seen that the prospect for Sn Increased
business is favorable, while it may also be
regarded az fuflIment Of our predictions,
placed on record more than year Since,
that railroads would tend to increase the
business at this point. At that time there
seemed TO be indications that q very large
business would be transacted in New York
and Baltimore, and, in fact that in short
period the seaboarI cities would witness the
the heaviest operations in this line. The
experience of a SIM lie season satisfied those
that entertained such opinions that their
views with reference to the practacabiity
and probability Of such a result were most
| fallactous.
With reference to the present aspect of
the business and the prospect of hade in
pecuniary point of view. VT purpose to pre-
sent few remarks; not for the, purpose,
however, of giving place to Individual opln-
ions, but in order to exhibit such important
facts as may be obtAinable, and that will
be likely to prove interesting to dealers.
The result Of the business Of the last two
years we need hardly refer to; but it may be
remarked that it left "a pretty general impress
ion that the supply of hogs for the season,
Fnow about commencing would be larger
than last year; and that prices wonld rule
considerably below the average, or even
the lowest price OF l852,'53 But within
the last month the views of dealers, as in.
dicated by the current movements, have
changed very materially, and now the be-
| liefis prevalent, to some extent, that the
crop will not be much if any larger than
last year; and we may add that it must, OF
course, be upon this opinion that the pres
ent high prices are being predicted. The
facts unfavorable end favorable TO this o.
pipion, may be summed up as follows:
i
tucky show q large increase over last year
| in both States. Private letters from various
sections also report an increase. and aside
| from these facts obtained from tn sse several
sourses, it is reasonable to suppose there
would be an increase. For two years past
farmers have had every inducement to in
crease their stock of hogs. In l85l-2, and
1898, they yielded larger profit to the
feeder than any other agricultural product,
and under such circumstances it would be
hardly reasonable to suppose that stocks
would be allowed to diminish.
In the history of the business Of this coun-
try, so far as we are acquainted with it, the
stock OF hogs has never been known to ne
crease, while prices remained at a paying
point. In the seasons Immediately pre-
ceeding 1879. hogs ruled considerably
below a paying point, and the result was
farmers neglected this branch of business,
but with the return of remunerating prices.
numbers began to increase. and last year,
though sanyuine operators regarded such
a thing impossible. and had very plausible
reasons to sustain their arrangements in IA
vor Of "short CROP" yet the result of the
business showed heavy excess.
The Assessors returns though not entire
ly reliable, show that there is . large NUM-
Der of hogs in the country, and thisis an i'm
portant fact. II the hogs are oc hand, will
no. the farmers be induced to sell at the
prices that are likely to. prevail? Is there
iany probability that prices will be higher
next season than they are now? In answer
Ito the latter query we may remark, that
there is nothing upon which to ground such
II belief; and this being the case, the answer
to the first question must be in the affirm
alive. .w,R Gagsln a8l # .efwsuH
/. The private letters referred to, as indi-
eating the increased crop, we're mostly from
the same source that furnished reliable in
formation last,year. Ii therefore, the views
bof the writer's proved correct last season, is
it not likely that they will, also prove cor
rect this year? Again, il is admitted that
we are likely to have a stringent money mar
ket 1t is certain that Pork psrer will be
scrutnized more closely than heretofore
Eestern houses owi! a,so be backward with
their advances, and should prices rule high,
y very wide margin will be required. aa
Thus we have summed up the leading
arguments against high prices, aud short
crop specuIatlons,i ,isq5do Y,,saa slam law
lIa; Those wholdo not coincide with the views
advanced, argue that owing to the factthat
1 Pork makers during. the summer. talked al