Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1858-02-18

PORK AND SPECULATION AT CINCINNATI.
According to the Cincinnati Gazette many of those
in that city who, a few weeks ago, we're crying out
about dull times, and predicting further general
smash Of business, are nov engaged with vigor in
the work Of imitation and it fears they will OverdO
the thing. 1t further remarks:
Hogs that we're dull a few weeks ago at 50 S0aS4,
are now saeabe at about S., with products high IN
proportion. This is not the result Of short crop,
for the supply is fully as large as anybody had
son to anticipate; but it is attributable mainly TO a
reviVa Of business, which, in due time, will be eX-
perienced generally. Move the produce Of the
country at prices corresponding with those at which
provisions are going, or even at much lower rates.
and Will not take long to put dry goods men, man
ufacturers, etc. their feet. It will be well, pro-
vided men profit by the experience Of the last SIX
months; otherwise, there may be a reaction. At al
events, the INDICATIONS are that croaking for the
future, will nOtpay; and those who prepare 70 do
full average business, and take care TO move within
the bounds Of prudence, will make the most money.
The upward movement in bulk meats continued
on Saturday. and the sales we're again large reach
ing in the aggregate near million Of lbs. Prices
closed at SHAH cents for shoulders and sides, in
GLIDING packages. There also good demand
for bacon, but supplies being light, sales were lin
ited prices advanced 65a6k cents for shoulders and
sides. Mess pork was held at Sl4 with buyers at
Sl3 %. Lard recovered the decline previously no
ticed and closed at s. cents for prime barrel The
business was mainly Of a speculative character and
it is than probable the excitement will sub
side in day two. AT current rates holders are,
to a fair extent, free sellers Those who packed
hogs early, at high prices and suffered until re-
Gently under the burden Of prospective losses, are
disposed to unload partly, 80 as to divide the
risk Of reaction. This disposition will supply the
demand more freely than heretofore; and if prices
should turn downward before the unloading pro-
cess progresses very far, 1t would tend TO create
panic. There is danger Of an unfavorable change.
Southern buyers are not ordering freely, and New
York dealers do not respond the movements here.
In that Market Saturday, mess pork declined to 10
50aSI5 49, while here it was held for advance Of
so cents or about dollar barrel above shipping
point. In New Orleans pork advanced to IA 5OaSl5
for mess and bacon sides at cents; but that market
is so sensitive that II is to be relied Then,
again, receipts the increase During the past
week. included the supplies were ,l54, sol pounds
Of bulk meat.
The stock of mess pork in this market is esti-
mated at from 80, coo to As 900 barrels As TO the
extent Of the hog crop feature Of importance
has been developed. Our advices show pretty
general increase compared with last year, but 1t
is yet too venture opinion as 10 how many
hundred thousand excess the crop will foo up We
do not anticipate excessive crop, but It will be
much larger than that of last year. This much is
certain In the item of weight, alone, there will be
an increase Of equal to about 1000 head.