Holmes County Republican. [volume] (Millersburg, Holmes County, Ohio) 1856-1865, 1856-11-20

crave. Let it early in life become the
watchword of every boy, "FaithfI to du-
ty." :>-..
From the CT ,cinnati Gazette
Pork Trade--SpeculatiOn of q
DrOver.
Having heard of the wild speculations in
contemplation of the coming Pork season,
1 cannot refrain from offering to the Pork
dealers communication which, hope may
prove of some advantage to them, as well
as to the bankers who may loan money for
the purchase of Pork. 1t is known fact
that the price of Pork, to great degree
makes the quantity. High prices will at all
times bring out more hogs than low prices,
from the fact that if a farmer can obtain
for his hogs s6 to 81. be will sell all he
can spare and keep as little as possible for
supplies, and eat larger quantity of vege-
tables, bread, chickens, DC. But if hogs
are 81 to SIS, he will retain for family use
a good supply for bacon, to be consumed
by his family, workmen, &c. This fact has
been clearly shown within the last two
years. In 1s54'55 prices ranged from
81 to "A, and the consequence was, "short
stock" and the Pork dealers all became
rich some said this was caused by failure of
the corn crop. will admit that to GER
tain degree it was, as there certainly was
very little old corn, and failure in the new
crop, which caused corn to be high priced,
but if the price of hogs had ruled high
enough to justify farmers to feed, we would
have had many more hogs; but as it was,
the price ofeorn very high, and the price of
hogs very low, farmers sold their corn and
fed hogs on mast. In 1886 there was
cry Of 'tshort stnck,n because people sup
posed that on account of scarcity of old
corn, farmers had sold their crops at good
prices, and discontinued the raising of hogs,
consequently packers ran hogs up in Nc
vember to 81; they afterwards found them
selves mistaken; hogs poured in and found
no market, and a panic took prices down
to IS. Confidence was again establised,
and prices again advanced to $3.50, hogs
and meats again poured in, and the conse-
quence was an increase and ruinous de-
cline; the increase, however, was not gen.
orally believed in, and prices again advan-
ced, and ranged high throughout the spring
and summer, and the consequence is that
the Price Currents is now known to have
reported correctly that the country is now
full of meats with no prospect of demandr
the demand has almost entirely ceased for
the past two months, as it always will be
when prices are very high and stock good
Mess Pork and Lard are the only articles
which are now doing any good for the pack
er, and those articles must materially de-
cline within the coming month, as there is
a large increase over last year, with conf
paratively no demand, also with an expect
ed arrival from New York of 5000 bbls
mess pork, which was undoubtedly ship
ped from France to New York, to be re-
sold, having been purchased for war sup
plies. Last year at this time, there was
not Ito the knowledge of the writer,
pound of meat in Louisville, St. Louis.
Cincinnati, or any of the packing points in
the West, and not sufficient East and
South to supply actual consumption, and
with large English and French contracts
for meats deliverable in November and De-
cember. Now, if we had panies with all
these favorable circumstances, what are We
likely to have with high prices in 1861,
commencing with large over supply of
old meats? No demand and no prospect of
a demand from England or France, and
with full supply of meat South, and
large over stock in the East, and with a
full supply of old corn, and reasonable
or,Ny of o,,1 ,f 81 L.
ever known. 1t is very evident that be
who has the smallest stock of meats from
6 to g. hogs during the coming year will
make the most money. | might add that
the wheat crop should be taken into con-
sideration, as when wheat is in full supply,
and flour low, meats must be proportionate-
ly low, if in full supply; if otherwise, the
demand to certain extent will cease
This is too great a producing country to
justify So hogs, and / doubt whether
l85475 would have justified Sc, as the
price would have started high, and tie de-
mand would have been so good, particular
ly so if we had plenty of wheat. And.an-
other point is that some parts of the South
are getting tired of paying such enormous
meat bills, and are becoming producers.
AT this time last year, there was no lard
ofeonsequence in this or any other market,
but to-day there is in this city alone, nearly
two thousand barrels in the hands of butch
ers and manufacturers, and the butchers
and Others making more than can be con-
sumed before the first of December, and
prospects Of an early sessions, which to me
makes it look as though we must have q
decline in lard equal, If not greater, than
last year. But in the face Of these facts,
poorly posted manufacturers are now pay
ing 10 to ii cents for November and De-
cember deliveries; and also at this time last
year, beef was in good demand and scarce.
To-day it is over-abundant, with prospect
Of an exceedingly good stock to be slaugh-
tered this fall, which viii act greatly to the
disadvantage Of hich priced pork.