The Jeffersonian. [volume] (Stroudsburg, Pa.) 1853-1911, 1866-12-06
NO. ss.
From ihe =. y. Tlibuae.
DECLINE III PRICES


DECLINE n PRICES.
a comparison If the provision market
TOR the three months Fjust passed, with its
condition during the same period last wear
VIII show difference decidedly in favor
OF the downward tendency his year. Beef
catiie nave declined fully y cents per
Pouha net; during the corresponding season
last year, the decline reached only 2 of q
cent. The market is already overstocEa5
and under an average arrival Of 500 head
per week in excess of the receipts one wear
| ago. the stock cannot be reduced. Prices
are l cent per pound lower than last wear.
! and the tendency is still downward Holders
are anxious to realize at once, in order to
avoid expensive keeping.
Sheep have declined about ! cent per
pound, live weight, in three months, and are
now cents below the price Of last year. =
The receipts are about | ,0O9 head per week
IN excess OF the arrivals last Fall, and under
the influence of heavy stocks, pricess mnss
go still lower
There neverwas such time among hocs."
The receipts are not extravagantly large.
but the demand is extremely limited. Hith-
erto. at this season Of the year, large exports
were made; this year cargoes that were
sent out early in tho Summer are now re-
turned from Europe and thrown back upon
the shippers. A decline Of a. cents per ID.
live weight, has sent the price fully 6 cents
below what it was last year, when the re-
eeipts were 5000 less per week than they
now are, and an active export demand af-
forded ready market 10 holders. Prices
then, between the middle os August and the
18th of November, advanced cents per
pound: The present high price of corn is
forcing heavy supplies of hogs en- the mar
ket and 1t is believed prices will experience
still further decline. and force holders to
sell at heavy sacrifices.
Pork has tumhled from S33 to 322 per
barrel, and is now $40 80 Leiow the prices
of same time last year. The market is very
unsettled, and is doomed 20 still further re-
ductions.
Lard is - to Ii cents per pound lower
than at this time last year. Shipments are
returned from England, and large supplies
are coming in from the West Prices have
gone down 6 cents during the past three
months, and must so still lower.
Cereals have advanced. Flour, under an
advance of 50 per barrel, is now 81 higher
than 1t was year ago. The market, how
ever, is unsteady, and prices are looking
downward.
three months, and is now 81 cents higher
than it was in November last year. Unless
all reports of full crop Prove to have been
false, spectators must yield and prices fall
much below the present quotatioas
The price of butter has declined ) cents
during the three months just ended. Ii is
now 10 cents below last years market. and
the full supply and free receipts must force
it still lower. Last year, during the same
period, butter advanced fully ID cents per
pound.
Coal has declined nearly 50 per ton in
three months, and is now 81 below last
years prices. The products of the mines
have been unusually large, and there are no
fears that holders viii ever again realize
the enormous war prices, which for two
Winters effectually put out the fires on
hearths Of the poor.
The things we eat are daily become less
costly in the markets. The decline is not
so pcrceptible at the stalls and shops of re-
tailers, and to The actual consumer at the
hotels and boardng-houses it is holly un-
known. The full supply of provisions in the
pressing upon the crowded store
houses in the city, must eifectually break
down all speculation, aud force down the
prices to consumers, in order to induce more
rapid consumption of the pcrishable articles
of food. Finally, in the course Of time, the
decline will reach the people who buy to eat,
and the good old days viii return wherein
the laborer was able TO sit down to hearty
supper, without first balancing accounts be-
tween his appetite and his days earnings,
so as not 10 leave the latter III debt. to the
former.