The Burlington weekly hawk-eye. [volume] (Burlington [Iowa]) 1860-1876, 1863-11-28

Taking gold as the standard OF value the aver
age price last season was about the same it was
the previous season, and this is the light in
which the price should be viewed when the for
eign demand is an important, ii not the impor-
tant consideration so that it is at once seen that
the great cause OF the vast foreign exports, in
both years. was the low price and this will be
more clearly seen by comparing the exports OF
the previous seasons, with those of the two past
In 1880 the exports OF pork and bacon from
the United States to foreign countries, were In
round numbers forty-three million pounds, and
III lo6o-l, seventy-two million pounds. The eX-
ports of lard in lS59-60. were nineteen million
pounds and in 1891, thirty five million pounds
In order that the comparison may be seen the
more easily, we give the exports in millions, as
follows:
Pork and 1890. lS60-l 1872 1928.
LARD. 100000 100000 lS2oO0,oo0 l35'o000JO
Now, supposing the crop this season wsuld
fail OF one-third in pounds, as compared with
half, now seems inevitable if present prices
continue, and even then they would be much
greater than they We're in lS6o-l, what would be
done with the rest of the crop? The half of the
entire exports to foreign countries last season,
including lard, was one hundred and seventy
eight million pounds, which being left at home,
true that 1t is claimed that the price may not
reduce the exports so much as We supposed; that
the low prices the two past years having intro
duced American meats into markets where it
had not been known previously, these markets
will now continue to take it without reference
TO an advance oteven 80 per cent in the price,
This may prove correct but it is to be demon
started. Again, gold is now advancing, and it
may go to much higher price than 1t did even
last winter, This depends upon the operations
ofour army in the field, and what the successes
may be before January, remains to be seen. and
is among those things which the future etfectu-
ally conceals from humanity. AS we have al
ready stated, the amount put up for the foreign
markets. so far, is trtiing, and should prices re-
main as they are now, packing for those markets
will be on limited scale, until the season is
over; should the demand be made good after
ward it will have to be met with meat not cured
or cut tor those markets, and therefore not we'll
adapted to them, and hence the exports must
necessarily be light, compared with what they
would have been had boxing commenced with
the season. OF course these remarks apply to
boxed meats, as lard can be exported In the
shape packed.
An impression has taken fast hold on the
minds of the entire agricultural community that
gold will advance largely, and therefore, that
prices will.rule vastly higher than they are new,
and all kinds of produce are being boarded by
them awaiting the high prices and the large
amount of money which has been circulated
among the masses of the people the last two
years enables them to do this without inconven-
ience Should the war be protracted another
year, there is no doubt that this expectation will
be realized we think; but should it be otherwise
the very reverse will be the case. A great un-
certainty hangs over the future, but the agri
cultural classes, with unusual unanimity seem
TO nave agreed to permit the doubt to go in favor
OF nigh prices.-Cfa Price Current