Nashville union and dispatch. [volume] (Nashville, Tenn.) 1866-1868, 1866-11-29

I equally large amounts, perhaps, are stIll IN the
| granaTles OF the producers. This statement has
, provoked a reply from mercantile house in
this city, which Is, gwen TO the reader in this
mornings paper. The inquiry can DO no harm,
| Tor the sooner the truth about the matter Is
known, the better il viii be for the producers
| and cOnsumers. lf plenty has crowned the la
boTs Of the husbandman. the blessing should be
generally diHused-".-
We have heard of few sales of net hogs
In this market at Sc. Yesterday holders
were asking &c, with no disposition on the
part Of consumers to buy. Large lots could
not, perhaps, be sold at &c. There was
break. down in prices in the Cincinnati hog
market on the 26th inst, and $685. became
an extreme figure for the best, with range
down to 1913 for medium or light weights.
Sales Of dressed hogs were made as low as
S725. The decline during the week end
ing that day amounted to fully 5oc
per hundred pounds Illinois, Indiana,
Ohio, Wisconsin and Iowa are the great
oorn-growing States of the West, and are
consequently the great hog-raising States.
The packing season in the West has already
commenced, and about this time may be
said to be fairly under way. The partial
failure OF the cereal crops in those States
during the past season has extended the
pork-pacIing business and that, together
with the general depression in other BUSH
ness, has reduced the prices of pork. The
lumberers and miners in the Lake Superior
region aud in Canada draw their supply
from Chicago, and that is about the extent
Of al that has been done in that city this
season. Packers are afraid to enter largely
into the business without being assured of
a profitable market, which they are not,
and farmers are holding back for higher
prices. Last year England took 100000
hog7, bat size does not seem disposed to
take any this year and this, with the ad-
diEoaai supply of 10000 more for home
consumption, has brought down the prices
Of pork between SIS to $40 in enc week.
The cattle plague in EngIaAd has caused
farmers 10 turn their attention more closely
70 hog and sheep raising, while the low
price Of grain used for feeding has furnished
extra encouragement 10 this business in
that country.
The receipts ofhogs at Cincinnati from.
the lst to the 26th inst, was 50.837 against
S4,l56 during the same period last year.
The receipts this year have been unpre-
cedentediy light, but this is accounted forby
the fact that farmers have not been willing
TO sell at prices so much below those cur
rent last year. Last year Iowa packed and
sent to n,arky; L-C2 600 hogs and the sup
Ply from th@- Stsc j, expected to reach
100000 hogs. The resdipment from
England Of large quantities of that export
ed from the United States last year. and
the failure of orders from the Southern
States, which were expected to be large.
has unsettled the market, so that all classes
Of dealers are waiting and wondering
what viii come next. If the spectators
in meats and breadstufs shall be made to
suffer in the present crisis, few, besides
themselves, will shed tears, and the beef
and pork SPECTATORS have suffered severe
losses, as viii be seen from the following
Of the Albany Argus:
We have never known prices to drop 50 ran
idly and heavily as they have during the past
i've or slX weeks The losses sustained by deal !
ers must be enarkably heaYy-ceTtainly over
Rail million dollars on the beeves that have |
passed thTsu our State from the West since :
he middle Of October, and probably nearly or
quite as much on hogs. One dealer who had .
7 & ri 20 IN bot IL
lost upwards q $50 per head on them. He will | -
have ~ head In this week, on which, it is |
altogether likely he win lose as much more 1t |
+ nOt uncommon 20 near OF middle men who are 1
losing every week $1,000 o. more on droYes of | q
less than 100 head. Some have already exhaust- | =
Cd their capital; Others have swamped both | z
Nobody pretends to know whether the bottom | \
has been reached, but buyers from New York | .
and the Las are acting with great caution p
buying only enough TO supply regular custo- |
ners, and are taking whatever else that goes / d
through their hands only on commission |
There As no dispOsitionto speculate. 8
The New York Times Of the 26th inst. S,
'ays: @ ''# Z
" The trade Of the past week was again dull in
ne lEC o. ! reign and Domestic Dry Goods | -
The Import Eatries fall below the corresponding b
week iast year. and the amount Of foreign goods |
marketed Is not much over three ami half mill
lons-tne custom duties being 81, 739 600. The | -
xport trade Is improving, both on the news y
'ivs otlt's tLG toNicG OF prices IL bread |
tuts aHd provisions on the corn exchange and | Z
aTge receipts of cotton. The latter exceed n
wenty- FIVE thousand bales. The receipts of :.
rain and Hour by canal the present week are ~
expected to be larger, the interruption TO the 8
ANAL near Palmyra having been removed. The | "
lsing prices Of breadstuffs, including Indian | n
'ofh' IN the English markets, and the high
guies in Sterling money, to which corn and |
lheat have already been advanced, will, from /
ni0rmatlon that has reached us in the last fen D,
avs. lead to larger winter receipts by the rail-
-ays than have been known for several wears |
he same cause viii produce extraordinary ac- Ce
WITTY on the canals for the remaining three | Co
oeks OF navigation. The closing of the canals Es
officially announced for the 18th of December NJ
here IS a good prospect they will not be in So
'Tupted by ice before the appointed day The
anal Commissioners have been petitioned to
ouble their forces at the locks for the remainder
the season. &c
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