The Indianapolis daily herald., 1865-11-30

We have ecnyersed with SOM II our pork
packers They arr doing slao~t nothing.
They say prices asked arc much too high; that
they arc declining and must continue 70 Do 20.
They reason thus: That there j. a very large
corn crop, and that corn Il cheap Hence II
will be fed To hogs, 50 that everything in the
shape Of porker viii be faitened; they say
that although the present number Of hogs
is not large, yet that 10 can be rapidly in
creased and that farmers win be fatteniug
hogs all winter, - that by spring the
market viii be supplied beyond present an
ticipations, and buyers thus subjected to
loss by decline in prices. Whether these
views are correct, the farmers can judge better
than we can.
We take the following FROM the Cincinnati
Commercial,
Our hog and provision market. during the
week past, has been on a rapid decline, in fact
much faster than was anticipated, and the
pressing disposition 10 sell both hogs and the
product would show, either a great want Of
confidence IN present prices, or a combined ae-
/ ton 20 break prices down. with a view 10 uti-
mate profits. Exorbitantly high prices are
/ always dangerous, as the season just past has
proven 10 the hearts content Of many spunky
holders, who this season seem TO be willing 10
let their products slide a fast as made. The
value Of gold last year. at this date. was S2 D,
and hogs Sli y net. This year, gold is 81 A.,
and hogs Sl2 90 net, which would show that
hogs are fully - 90 per 100 lbs. higher now
! than then, taking gold as n standard, and all
Il know that the losses on the cost Of hogs last
season were very heavy.
SOMETHING ABOUT DRY GOODS.
The dry goods merchants are having a time
Of decided dizziness. They volunteer no fur
Their concessions In prices, nor would there be
any use i'm their doing so, inasmuch as the
| trade is not here to be tempted by il. Rumors
have been current for some time past that COM
| petition and large stocks Of goods had induced
the revival OF four months credits with some
/ 81 the merchants, and that some Of them were
undergoing a severe sweating as a conse-
quence. IL Is TO be hoped that all VINO do de-
base credit again, particularly az the present
time, will indeed be sweated until they are cur
| ed Of such practices. Not only will such dis
organizers suffer themselves, but they cause a
general disturbance Of trade, and will lumber
| over the whole fabric ofbusiness sooner or later
Words Of warning are, though, doubtless
wasted.
The New York Independent says on this
point, in reference TO the dry goods trade in
/ that city:
"The feature Of the trade now most notcca-
BILE Is the great increase of sales on credit. The
| currency Is not yet on such stable basis as TO
justify credits; as, before the notes given fall
! 0dt, IL a, Nti hk"lN " CndtHc III the
| Of the money market may take place, to rem
der payment Of notes very uncertain. A
change Of the currency will be made sooner or
| later, and when IL does come the shock will be
| great. The only safe plan is TO sell and buy
for cash, until we get specie payments again.
NaPoRTATIoNs AT NEW YORK.
The importations for the past week at this
port have exceeded those summed up for the
week ending November 10, by 1855 1876.
GOVERNMENT REVENUES AND DIsBuRsF-
MENTs.
Washington dispatch says:
Leading Republicans are urging the con-
sideration Of financial matters at the opening
Of the session, leaving the admission Of South
ern members until after Christmas. by which
| time harmonious action may be secured"
If Congress will give the Secretary Of the
! Treasury power 10 fund 5000. 0O0.0 900 Of PLAN
legal tenders, long step will be taken toward
resumption. The plain legal tenders are the
foundation upon which the great mass Of
credits rest, and there is where the Secretary
should force a contraction.
The following statement shows the total re-
| ceipts into the United States Treasury, covered
by 4,9Sl warrants, for the year ending June 30,
1865: