Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1871-02-21

New FORK Provision Market

The New York Bulletin, of Thursday, in
its review of the provision market for the
week, says
The past week has been pretty steady
one on the market for hog product, with
an increase of values in good many cases,
and rather large movement of actual
goods than for the preceding fix business
day., the call, as predicted in our last re-
view, coming largely from exporters, who,
having overcome their objections to ruling
values and obtained rather more positive
orders from abroad, were, in many cases,
quite as anxious to operate as they were
before indifferent. An entire absence of
any great amount of excitement was at all
times noticeable, however, while sellers,
though naturally using every advantage to
enhance the values OF their goods, did not
fail to meet ali calls, and with few excep-
tons, no orders have remained unexecuted
for want CT supplies. In fact, the trade
have no great faith in a much higher point
to values, and deem it advisable to sell
when they can, the remarkable absence of
a home demandsnd the unquestionable in
crease of the crop to nearly, if not quite.
the full extent Of the additional foreign
outlet for this year, making caution the
In no case have we observer any thinning
out of large amounts of stock or the least
inclination to resort to undue pressure to
realize, but full bid was at all times quite
certain to secure anything wanted In the
way Of the regular packing. On mess
pork the business of the week has been
largely of a speculative character, the
amount sold TO go from yard footing up
very light indeed, while the arrivals have
increased the stock. From cash and regu-
lar delivery up to April the range Of vaIues
has been mainly at S22. 75G23, with fire.
quently q considerable amount Offering at
the latter figure, but few buyers standing
ready TO take everything, with a view, it
was thought, of controlling the position
for a while yet, though rumors of an In
tention on the part of CHICAGO packers to
get the pIice up to S25, make or break,
may have & tendency to induce puTcbRy ers
for quick turn. The ''shOrt' interest on
mess is fair but not large, and with the
stock in the country 1t would be pretty
hard work to get mp very successful
corner" though slight squeeze might
he made nj the close of each month dining
the balance of the season. Prime mess
pork hes sold with much greater freedom,
the call coming mainly from exporters,
and prices advanced materially both for
immediate and future delivery, spot sales
reaching 500 IS for Western and sellers
option, March, S23. These lates, how
ever, we're not easily sustained, as they
seemed to about reach the ideas Of holders,
and Increase the offerings. Bacon we re-
ferrei to in our last as stronger in tone,
and the result has verified the assertion, a
large amount of goods changing hands on
foreign account and values ON all cuts
hardening decidedly with most of the i'm
mediate available supplies sold, though
here as IN nearly all other cases, holders
displayed 10 inclination to withdraw when
| fulI bids were made. Cut meats have also
sold little more freely and commanded
| foil figures. Lard continues to be the
doubtful article of the market, and has
shown rather a feverish tone throughout,
with final light break 10 values and a
| sudden increase of offerings. The supply
placed on sale, however, was largely taken
at the decline, in part by shippers, and
| this had tendency to produce something
Of 3 reoctionary feeling, though not few
holders are inclined to keep prices down
| low enough to secure a steady outlet for
| goods if possible.
European EsTcadstuffs Market.
The MarE Lane Express of Jan. 30,
says:
The past week has brought rs an uneI-
pected renewal of frost, the thermometer
| having sunk on the night of the 25th to
"a deg and rs very little snow then
covered the ground, and there had prev
ously been copious rains, some damage is
to be appreheDded. Already we hear that
winter beans, tarcs and barley have parti-
allv suffered, and with these fluctuations
| the wheat cannot be safe. Some growers
already think that harm is done, but there
is no mistake that this second frost has
| done serious hunt to the turnips, and hold
| ers of stock have been so assured of the
| difficulty of keeping it that they have pre-
ferred accepting lower prices. We do not,
therefore, occupy any vantage ground, but
| still we would hope for a genial spring as
the best remedy. The calamities of France
having brought break down and the Ca
inhalation of Paris, while our receipts If
| wheat. both native and foreign, have been
| short. prices have further hardened to
| about the extent of Is, with quite as much
! advance per sack and barrel on fl Dur, BIS.