The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1868-01-01
Chicago Hog Market.
[M,loard & cos trc,4,ar.J

CHICAGO, December IS.
| Editors Journal:
The interval of the holidays has had its
anticipated effect on the receipts of hogs
during the past week, and this may be ex-
/ pected to continue ill after New Years
Day. Commission men AMI drovers ex-
( ultingly assert that the falling of is the
result of the scarcity through the country.
and prophesy that our packing season
must draw 10 an immediate close, bat
packers are dubious about the correctness
OF this information, and many of the most
conservative are drawing ont from a mar
ket which at present prom -es nothing but
I inevitable loss. The requirements of our
packers are SO -reat that so long as they
keep their houses open there is an incent-
i've to continue in the market. and this
creates competition which, though ruin
Gus TO the packer, affords great satisfaction
TO the droyers, DC. Other packing points,
however, do not emulate our nberaIity,
but while they have been endeaV oring TO
put down the price of live hogs in order to
enable them TO meet the general dulIness
IN the product, our market has continued
firm and advancing. 1t is this fact which
has made Chicago the great distributing
point OF the entire country, and which
will cOntinueto attract drovers hfther in
preference to seeking the other aAd smaller
marx cts. aas
Notwithstanding The advancing Jenden-
ey of live hogs, our general provision
markets have been dull and declining.
Orders continue extremely scarce, and
Eastern operators seem disposed to await
the closing of the season before mourning
risk by purchasing Reports are general
OF extreme destitution in the South, and
that however much her people might de-
sire to nave our PROVISIONS, they lack the
money TO pay for them. Unless, therefore.
Congress should afford some relief, "a
healthy Southern trade cannOs be antIci- /
pated, but the demand viii continue
forced and CONTRACTED. ~ nAA
The prospect of brisk demand from
Barope, at present prices, is far rom prom
Using. The sudden and rapid decline Of |
Irish meat in the Engl sh markets, and
the lefthac the uuInbe of hogs through I
the country has been far underestimated |
tend to render their. operators cautious
and careless about purcha ing freely. By |
another month, or six weeks, the extent /
OF our packing will be pretty we1I assured, |
and a brisk trade may then be anticipated, I
either at advanced or reduced prices, but
till then we. expect dull and dragging mar
kets. s5..li# s-..,rs .s.ss-ssesHq .I-c
The receipts of hogs for the week sum up
as foIlows,viz.: Live. 80, 81 Ores ed, p, Ols;
total. 60,955. ard the shipments: Live, I,4IS;
Dressed, 1895; total, 6,3l4; Leaving for PACK
ers, city use, and number left over IN the
pens, 81, 64I. For the corresponding week
last.year TIE receipts were 1--we 80 us:
d. essed, 1896; total, 81. $50; aad the
Live, S724: Dressed, Ill. 265;
total, 1889; leaving for packers, city
use, &c, 1854 head. As annre
hended in our last. the returns of the
OF dressed hogs, last week, as
posted on the Board Of Trade, were largely
incorrect, and should have been in the
leighborhood Of 10000 head, instead o.
,03i, as actually apparent. We understand
hat the various ra lroad com panieS have
promised to furnish the actual shipments
ince the comm encement of the season. So
nat the unintentional mistake will be
Peedily rectifed.. The packing to the
PRESENT time, suInsup 5s7, 100, against 22S. 10
lead tothe same period last year, and H.
90 the year previously. The hog market
las been active during the week, too many
Houses being in competition with each
ther, and al the close, good hos are ac-
lively sought for at 81, while Intermediate
TeiE his are graded to as low a. 50 10 Dress F.
d hogs have sold during the week pretty
niforInIy al 78sc dividing on go pounds. I
at to day tie market closes frmer. with
slight advance. Some very good hogs
re nov being received. and the cheapness E
cooperage viii act as an incentive to
ackers TO manu- sacture % 4rrelei meats L
q greater extent.
Yours, HAIRY AfILwARD & Co. b
Cincinnati Market.