The Democratic sentinel. [volume] (Cadiz, Ohio) 1852-1853, 1853-11-16
NEW YORK


S.. O0@5,95, this year SIS, 90 may be regar.
'ded as the openins price. With reference
80 stocks, it is true ,here is more pork and
bacon in the country than at this date last
year; but Of lard the stocks are very light,
the foreign demand having been unusnalIy
heavy. .a.I "gf
But, with reference to the present cond.
ton CT the trade, AMI independent of ante
cedents or prospects, the facts exhibited do
not vary materially from those presented at
the beginning of last years business. But
when.we connect them with thu past, and
what promises to be the future movements,
the aspect changes, and the iu lucements
to operate at high prices seemsto bo less
encouraging than even last year.
zsa The average prices realized for produce
since the close OF the season were scarcely
equal TO $4, SO for hogs, and to jussify the
samehsure this year,we must either have no
increase in the number Of hogs, or a greatly
increased foreign and domestic demand for
their products. -.......
With reference to the foreign demand, we
are disposed to think too mnch importance
has always been attached to it. The total
amounts shipped from the United States,
during the nine months of the current cal
endar year, were as follows, compared with
the exports for the corresponding period last
year. ..l....... ..
. +5 '. W '..t" THIS YEAR LAST YEAR.
Pork, bbs.... ...,lll,033 596Oi
Bac2n, hhls.. .........- 3o,o12 #!.. 1854
Lard, Kegs. 800 .. 327,565
This rl,fliInnl tf, Is ,s fNf1
Pork and bacon 81, ,265, 200
Lard ........... ... .l6, ,T46,000
This is equal, Of the former, to the pro-
duet Of about 275. 0oo hogs, and OF the lat
ter, to $50, 900 hogs The increase in the
crop of last year was about 100000 head,
and should it increase half that amount this
year, the excess would be nearly equal to
the entire foreign demand. A European
war would not be likely to effect favorably
the foreign consumption. High prices of
breadStutfs are not favorable 10 heavy
consumption Of provisions in England In
lG47, when the United Kingdom suffered
from a deficiency of breadstutFs. and high
prices, the total imports of bacon and hams
were only 148 tons, while in 1850 "a year
of low priced breadstuffs--the imports were
1880 tons. .-4a.u
The high prices Of corn will not have that
effect upon the crop ofhogs than is general
ly supposed. Its true that corn has been
scarce AID dear in all places that were
convenient to market, but then the growing
crop will prove about an average, as regards
both quantity and quality; and this may be
used. to large extent, in feeding for a De-
cember aud January market. Besides we
find that the largest crop of h,gs ever pro-
dnced in the west in proportion to the pop.
ulation, was in I847'48; although corn had
ruled very high the previous summer, when
inmence quantities were shipped to Eu-
rope. .g #1v @ t r4 |a
Taking all things into consideration
therefore, it will be seen there is great rea-
son for being cautious. We have no desire
to see the market1uh luly depressed or ex-
cited, AMI we have no intention Of using, or
allowing our columns to be used to do either
We do desire, however, to see the business
transacted upon bsis that will be likely 70
insure healthy trade. 1t is wrong to sup.
pose thstit makes no difference to farmers
what the result may be, provided they get
high prices. A DISASTROUS season with
packers would operate as much against the
interests Of the agriculturalists another
year, AS the cause of snehaa a result would
henetit them this seasoa. An undue inda,
tion ofprices Of any leading article disar
ranges trade, disturbs confidence, and Op-
crates against the interest of the country al
large, al iaJ b alou aad z aM saa