The Davenport daily gazette. [volume] (Davenport, Iowa) 1856-1869, 1856-11-14
The Pork Market

The pork season is nowsopensng, and eye-
ry,hing spperiaining to The market and 10
the prospects CT the season, must prove in
,erestineto large e,ss. Of business men,
IS va Esssto farmers. The pork season
openS here, and at other pisces so far as We
have heard. with but little animation, ana
differing much ia its general aspects from
last year Last year there was bare msr-
ket at the ops ming of the season. Stocks
ha a been almost entirels exhausted both on
the seaboard and in the West, and the man
uiactused article found ready sale soon as
turned ont prices opened high, and not
xithstandiag fall was predicted by some
OF the most kaowiag dealers. ptiees ac-
yanced ill the middle OF December, ana
when q decline commenced twas slow
AT Cincinnati, the largest pork market IN
the West, and a fair index OF all the west
ern markets, tie market fer hogs opened,
- we learn from the Gazette. at 5000, ana
advanced till they reached 81, and did MOI
recede ill the time stated above. nGt"ith-
standing The constant pressure upon the
market arising from an anticipated increase
in the crop. The lowest figure touched IN
that market daring the season wac Sou
bur few sales we're made below $3.50. and
the average vas iriAa over So, Money
dealer. fought against the eariy advanced
ooinion of an increase IA the crop, ana the
course Of the market up to midsummer
seemed to Indicate they were correct. Al
ter facts proved they were wrong There
was a large increase in the crops over all
reasonable estimates, and consequently
these who had based their calculations upon
very short crop. and therefore continued
high prices, were deceived. A rapid decline
ia The price OF products has been es'sbiish-
ed, and We learn that although the supply
Of barrel meat is light, the markets are now
everywhere overstocked with bacon, The
Cincinnati Price Current says the stock OF
bacon in the West, including New Orleans,
Al This time is estimated al twen;y 70 TWEEN
ty-hye Thousand hcesheads, against none OF
3 f5g u
corresponding date Of las, year. Prices IN
the Cincinnati market compare as follows;
Nov. 10, 1855 Nov, 10. 1859.
Mess Pork. s1%l9 ssp'S
BACON Eiies. " 80
Bacon Shoulder o Wa
Barred L ard; ht4 iutx
The msrke, is now exceedingly dull'
while.lsst year j, was active. In view OF
these facts. with hogs ruling slightly shove
the average OF las, year. the caution mani
tested by packers, and the indisPositiOn to
operate except At lower rates, Is readily ac-
counted for. The very losses experienced
last year, ruinous 10 some OF the most expe-
rjenced dealers, and serious 10 the great
mass Of spectators, Gre calculated 10 beget
caution this year. Many Of those who have
hogs Tor sale, leave the facts we have sta
ted opt Of view, and predicate their csisu-
l.uyns and high prices upon short crop.
Ia connection with this, we make the fol-
lowing extract from the Cincinnati Gazette;
II; xery confidently asserted that the
crop in Ohio Indiana snd keniueKy VIII
fall abort. and thus tbs excess IN the pres
snt stork Of products, Is compared with last
x..r will h Offset. This excess is equal
TO 100000 hogs. lowe, Illinois sna MS
souri, ii is admitted, viii produce as many
hoes as l.st wear, so that The dehelsncy, II
anv. xil'be in the three hrst named states.
Hsyinspublshsd such facts as would ena-
bic des ers 10 form satisfactory conciu-
sion IS TO the probable supply OF hogs, we
shnl, affer no epinien on the subject, espe-
eisI,r as our object al This time IS to far-
Mai information az 70 the actual eonditon
of the market. Th. we have already in-
dicsted. and We may therefore sun il UP 10
. few words. The market for products be-
inc yerv dull, and prices being relatively
lower ihan current ra'es for Hogs, packers
are no. disposed TO operate freely. Those
wbe believe tha, the crop of Hogs will be
ss large as last season, are more numerous
than those who anticipate dehciency.-
There is now no foreign demand ana II q
generally conceded we believe, that the ex.
ports TO Europe for the ensuing year VIII
fall considerably short, as compared with
the season jest closed. These views are
Of course against high prices, and BENG aP-
parently well founded, II viii De cimcuit
to drive dealers entertaining them rom Their
position. Those who have hcgs to sell VIII,
therefore, perceive that il Will not oe safe
20 make calculations upon realizing 80 per
100 pounds net For the one dealer who
would at this time be willing 10 transact
regular business at Sc, there are ten who
consider that il " ould be unssfe to pay over
an average uf S.. The tendency Of prices
Is now ,owsrds this figure. Some days age
sales were made al $751;, while yes'er'
day the market was doll al sc. To check
this downward tendency will require a very
decided reaction in the provision market
Ubicb NJ This tine does no; seem probable,
The Monroe National Press. i the title o
..~..sx ranontIu started In the foWf