The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1866-12-31
MONETARY 4 COMMERCIAL.
Especial to the Journal.
Weekly Review of the Cincinnati
Produce and Provision Market.
CINCINNATI, Dec. %, 1866.

I
| EDITORS JOURNAL:
HoGs-Owing to the holidays, inactivity
has been the prevailing feature of the gen.
eraI markets, and during the present
week. save in the article of the
hog and its product, very little has been
done notwithstanding the large number
of hogs packed by farmers at home, the
supply here has been large during the
week, with a slight falling off in receipts
yesterday and to-day. Prices have been
vely well sustained during the entire week,
closing, to-day, with firm market and a
tendency to higher figures. Many packers
have bought all they could handle from
day to day, and competition has been quite
lively. There is sill a greatd ference of
opinion, even among old and experienced
packers, as to what should. be a natural
and safe trading figure for hogs, and, while
some are buying, at present prices, all they
can carry-in the belief that current rates
are low enough-others are still holding off
for lower figures, and have bought very
few, if any, hogs this season. The follow
ing comment, on this head are taken from
this weeks Price Current:
The Indications are, we must say, that
prices now current will leave but poor
margin for profit for it is clear that the
supply of hogs in the West Is very large.
There seems TO be great difficulty in re-
duclng ones Ideas of values, and in keep
ing pace in this respect with the current of
events In the progress of the transition
stage OF values. Two months ago, the per-
son who predicted that pork would sell at
81 90 in. sixty days was regarded block
head, but IL has come TO pass, and now the
trade cannot believe it possible that it Will
sell at So 90 net Def. re the middle of Janua-
ry next yet before thattime this may be
regarded an outside rate. Indeed, viewed
from our standpoint, IL seems quite prOba-
bic that the incomes derived from the porlx
trade in 1867 will not, under any circum-
stances, be burdensome. The farmers are
curing their pork throughout the West TO
an extent never know before, which viii
make the trade during the Spring and
Summer Improbable and h ghly unsaJis-
factory in any case. The advices we have
from the interior leave little doubt that
hogs are very plenty, with hardly an ex-
ceptlon, and as a matter of course they
must come to market sooner Or later.
To-day the price ranged from IS 20 to
S. 60 gross, and 81 % to 81 Comet. The stock
in the yards is highland being rapidlycon
sumed. The receipts the last "a hours, as
reported to the Chamber of Commerce, were
1864 head; during the six days ending II
A. NJ. to-day35, 81, and during the season
to date, 246, BOB
PROVISIONS demand for all articles
under this head has been fair during the
week, and closes firmer to-day, with an
upward tendency. There has been good
demand for Ness Pork, partly speculative,
with but little change in prices, the closing
figures being $40 5092O 90, the latter an out
side price for the best city brands. Bulk
Meats have been IN limited demand at Sc.
91s. 1875 and 1875 for shoulders, sides, clear
rib sides and clear sides. all packed. Green
Meats have been in active demand, and
are held at &C., &C., and 912c., for shou ders
sides and hams. Bacon, quiet; very few
new lots out. 1t is held at u for shoulders
and 10 for clear sides packed Lard has
been in good demand and a large business
partly speculative, has been done in that
article. Prime Kettle rendered, in tierces,
can be bought for lls4c. Exports since last
Friday, 1869 tierces and I,0j5 kegs lard,
49l4 barrels mess pork, AT hhds. bacon, lS9
tierces and 104 boxes bulk meats.
FLoUR-The market has been duh, but
prices have not changed materially. The
demand has been chiefly of local nature.
We quote Spring Supe1Jtne, 50 0OG9 so;
Spring Extra, $40 90.
WHEAT--Has been dull, with but little
change since our last. The quotations are:
Red Wlitter, 81 SO@2S So, and White 50 90 to
II
3 o. for choice.
CoRN-In moderate demand. New Ear,
80 to 55c., according to location of depot;
Shelled, 6)@6lc., In bulk, and 75076c. in
new gunnies. Received during the week,
%. 304 bushels. Exported, 1904 bushels.
oATs-DulI and prices lower, with better I
supply, closing at soc. for No. 2, and 52@5Sc.
for No. ].
CoTToN-Has declined during the week,
and the market closes dull and weak at
30c for Middling with more Offering than
finds buyers. Received during the week,
S.l6S bales. Exported, $3.50.
SEEDs-All kinds quiet, and rather dull.
The quotations are: CgoUer, IS; Timothy, So,
and Fgar, 81 so per bushel for choice.
DRIED FRUIr-Market overstocked, and
demand light. We quote at &c. to Sc. for
Apples, and l4c. to ISc. for Peaches, in
Guiding quarters and halves.
SoRGHUM-Almost dead stock. Sales very
slow and limited, at soc. to 45c.
Respectfully, BARTON & Pool.