Loudon free press. (Loudon, Tenn.) 1852-1855, 1853-11-18
From thetincinnati Price-Current.
nrr nGpK nR AnE

TIE PORK TRADE.
We are now upa the eve OF the packing season,and
dealers manifest Be feeling and excitement incident
to the business Slaughter ers and packers have made
extensive proportions. and we find that an ncreas-
ed business is ealhated upon. Last year 36I,OOO
head were packeCihere. This season it is supposed
the number viii zach 100000 head. The increase
is expected to rCyult from our extended rauroad Ia
cilities, which ae tending steadily to Concentrate
the Pork business of large area of country, eXtan-
ding through Ohp, Indiana and Kentucky, at this
point, more thm from any actual increase in the
number Of Hogs In the country.
There are nowt operation to lndlanapohs-tne
centre Of the oroad system of that State-two di-
rect lines OF railroads, one via Richmond, lnd, ana
the other to Lawrcnceburg, where it connects with
packet boats to this city Last year we bad no road
to I-diana. and the consequence was, Hogs were
packed other points, that with the present faci-
ties for reaching this market would have been dis
posed Ct here From the fact of there being f'ro
roads, shippers may calculate upon reasonably low
rates, and ample accommodations, and we presume
the premium that saughterers are paying for the
pri'iiegr ef ng ii aef.ay thc expenses OF trans
portation to this market. From kentUeky, 1ccorei-
ing TO bes Information we have there win be in
crease OF 49 eco head. The total number from that
State last year. indHGiDG those slaughtered at Gov
ington, was 72.cG3 head. We understand that few
or hogs have been driven east and sGGth this year
than usual. and quite n number have been sold in
this market for early delivery from section of coun
try that formerly supplied Virginia. IN the South,
as our readers are aware, Hogs have been steadily
increasing for three years past, and this cats oil in
great degree the market that has heretofore existed
for early Kentucky Hogs in that sc ton Thus it is
seen that the prospect for an increased business is
favorable while il may also be regarded fulfill
neut Of our predictions placed on record more than
wear SINCE tha; the railroads would tend t. increase
the business at this point. At that time there seem
cd to be a general impression that very large bu-
sinoss would 6e transacted in New York and Balti-
and in not hal in Cb
board cities would witness the heaviest operations in
this line. The experience Of single season salts
fed those that entertained such opinions that their
views with reference TO their practcabiiity and
probability of such a result were most fallseous.
With reference to the present aspect OF the bIiSl-
ness and the prospect Of the trade in pecunary
point of view, propose to present few remaEEs
for the purpose, however, Of giving place TO in
dvduai opinions, butn order to exhibit such imPor
tent facts as may be obtained, and viii be likely to
prove interesting to dealers
The result OF the business of the last two years
we need hardly refer to; but il may be remarked
that left pretty general impression that the sup
ply OF Hogs for the season, abou. commencing.
would he larger tan last year, and that prices would
rule considerably below the average. or even The
lowest price Of lS52-'53 But within the last month
the views OF dealers, as indicated by the current
movements have changed very materally,and now
the belief is prevalent extent, that the crop
win not be much, il any larger than last year, and
may add that it must, Of course, be upon this
opinion that the present high prices are being pre-
dcted The facts unfavorable and favorable to this
opinion, may be summed up as follows:
The Assessors returns for Ohio and Kentucky
show large increase lsst year in both States
Private letters from various sections also report an
increase and aside from these facts obtained from
these several sources. it is reasonable to suppose
there would be an increase For two years past far
mers have had every inducenent to increase their
stock of Hogs In IS51-'52, and ,1S52-'53 they
yielded larger profit to the feeder than any other
agricultural product, and under such circumstances
il would be hardly reasonable to suppose thai stocks
would be allowea-ro diminish.
In the history OF the business in this country, SO
far as we Tc vla'ET''5eU : T5Tr IT. H.
has been known to decrease, whlie prices re
mained at n paying point. In the seasons immedi-
atalv preceding lS5l-52, Hogs ruled considerably
below paying point, and the result was, farmers
neglected this branch Of his business, but with the
return of remunerating prices, numbers began to in
crease and last year, though sangune operators re-
gardei such a thing impossible, ana had very plau-
sble reasons to sustain their arguments in favor of
short CROP yet the result OF the business showed
heavy excess.
The Assessors returns, though not entirely rea-
ble show that there is large number of Hogs in
the country and this is an important fact. If the
Hogs are on hand, viii not the farmers be induced
to sell al the prices that likely to prevaiH Is
there any probability that prices will be higher next
season than they are now? In answer to the latter
GuerTT we NAV remark, JDaL Inefe Is nOtHing upon
which to ground such belief; and this being the
case the answer to the first question must be in the
affirmative.
The private letters referred to, as Indicating the
increased crop, were mostly from the same sources
that furnished reliable information last year. If,
therefore the views of the writers proved correct
last season. is not likely that they viii also prove
correct this year? Again. it is admitted that we are
likely to have a Stringent money market. It is GER
tain that Pork paper will be scrtinized more closely
than heretofore Eastern houses viii also be back
ward with their advances and should prices rule
high, a very wide margin viii be required.
Thus we have summed up the leading arguments
against high prices, and short crop speculations.
Those who do not col ncide with The views adyan-
ced. argue that owing to the fact that Pork packers,
during the Summer talked of very low prices, and
Corn having ruled high, farmers had no inducements
to look forward to prices that would prove remuner
alive. Consequently, they gave less attention to
their Hogs than under encouraging circumstan-
ces would have been the case. Then again, the high
prices of last induced feeders to sell large
number Of Hogs that would otherwise have been
kept for stock this year. With reference to the
Assessorss returns they pronounced as unrella-
ble Private letters are MT regarded as reha0Ie pc
cause their statements contrGdicted by dlsnter
ested gentlemen who have treversed the country
Then again. the stock of provisions viii be about
exhausted before the incoming of the new product
prices are nearly high for provisions as last
year there is an unusually heavy foreign demand,
and in the event of war with Europe, tins WlI oe
greatly increased. In addition to ali this, the home
consumption is increasing, and, at reasonably high
prices, will be very large These are the leading
views Of those who not fearful # 'ong crops;
and having presented both Sides we viii GoW INTRO
duce such statistical facts may be calculated to
throw light upon the matter.
The following is comparison of the prices cur
rent in this market, and in New York now, and at
the corresponding date last year:
CINCINNATI.