The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1867-12-25
Chicago Hog Market.
[From Milward's Circular. of 2ls

From Milward's Circular, of 2lst.1
Pork Packers are proverbially an obsti-
IA tie race, bui when obstinacy merges into
folly, it becomes an evil to be carefully
guarded against, and seriously deeTieG.
The farmers are working matters more
ably than any other class in the comma
nifty. They are hoodwII Eing the drovers,
while the latter class, assisted by the Com
nilsson Merchants, are binding the pork
packers. So often as there is a ~ induce
ment for farmers and drove-s TO show
their hands, receipts become exces sIve;
but Immediately following the consequen
decline the Com omission Merchants fur
nish speedy adsices, and the shipments
are withdrawn till the packe re- regain con
fidence. The true extent of the hog crop
VIII only develop itself gradually. Country
parties Ill work the wires judicio1sly,
and furnish no large or small receipts
as to them may seem most desirable and
available. The past week our receipts
show moderate falling off, as the COM
mission men sent out adVices early eau
tioning their clients against shipping TO
this market too freely. Next week, owing
to the holidays, the receipts also may be
restricted, and for the same reason, Sc also
for the following week, bot from that time
we shall, probably, be made aware OF the
true state of affairs The Eastern opera
tors are slow to share in the sanguine an
ticipations of those in the Western States.
They recollect vividly the sad results of
misplaced confidence IN previous years,
and they prefer to see the business wound
up, and the extent of the crop assured be-
fore theyventure on heavy specuI4tions.
As consequence, our market is singElarly
destitute of orders, and the Eastern opera
cni., i'm hot
prospect OF demand from che South, or
England, the current prices st he
West betoken only disastrous conse-
quences. During the past week the
Iowa hogs have commenced arriving, and
we hear we may expect a constant supply
till the close of the packing season. 1t
may be presun1ptuous TO advance such an.
opinion, but it would be a matter of little
surprise if our packing season were pro-
tracted to as late date as last years. The
hogs now arriving are very superior to
those received early, and several drovers
assert that the best are still to come. The
receipts of hogs for the week sum mp as
follows. viz: Live, z3,l49; dressed, 6,453;
total, 99,6O2; and the shipments, live, $3.50;
dressed. 1904; total, 1917 leaving for pack
ers, city use, and number left over in the
pens, 81 ,6S5 head. For the corresponding
period asst year the receipts were: Live,
56,S24; dressed, 6,SSS; total, 1922; and the
shipments. live, zoos; dressed, 5,sl2; total.
S,2ls; leaving for packers, city. use, &C.,
81, 9o4 head.
The packing to the present time sums up
| 52s.98I head, against $4,000 last year, and
5000 the year previously. The Hog mar
ket declined early in the week, and the
weather being warm, about $4,000 hogs ac-
cumulated at the yards, but with a conces-
sion of 50g75c per 100 MS gross, packers
were Induced to take hold, and all Offering
were speedily disposed of. The market
has since advanced, and closes firm at IS 90
al Is for light bacon to choice heavy
weights. Dressed have sold during the
week at 81 90 to s. 3731, but the weather
having turned warm last night, eimar-
ket has become easier, aad sales were
made to-day at 81 OO97 rs, and. in few in
stances, IS 90, generally dividing on the
2O0 ms