The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-05-12


Total meats of all kinds, lbs "a 5sI ss5 5O,2l5,2iO
The shipments, less receipts during four
weeks in May last year were 4 ,l79 ties, lard,
! IA bbls. pork, and a total of sos, s45 lbs.
! of all kinds meats, including pork, indicat-
! ing total of about 60,OO0,000 lbs of meats,
all kinds, May /, 1873.
THE LARD MARKET.
Cincinnati Price Current. May g.
Lard has advanced full cent per pound
\ higher than it touched all last year, and
there is disposition to hold it for further
advance. At its present price the current
make will doubtless be largely increased,
for it will pay better to render sides into
| lard than to buy ice cure them, and If there
| should be any further advance OF conse-
quence, we may see the whole hog except
shoulders and hams rendered into lard,
which is as GOOD for manufacturing purposes
! as any other, and it is the manufacturing
demand which has used up most of the low
er qualities of winter make, and is now COM
PEELED to take the better grades when the
current make proves insufficient. The low
prices OF lard for two years has opened new
avenues for its consumption in Europe and
enlarged the old ones, so that we may count
upon larger foreign demand, and twill be
interesting to observe, If we have the oppor-
tunity, at what point in the higher price that
demand will be checked. 1.-THE larger part OF
the summer hogs should be made into lard
be uncomfortable. This may account, in
measure, for the greater confidence which
seems to exist in the market for sides than
for shoulders. 1t is said by close observers
that when lard is high sides meet relatively a
better demand, and when lard Is low Shout
ders are most in request. The reason is
obvious-sides furnish more of the requisite
fat than shoulders, and they are relatively
cheaper than Lard. The demand for hams
has been somewhat retarded by the late
spring, but it is becoming more active as the
weather grows warmer.
HONG KONG YEA MARKET.
Oliphant & Co.'s circular, dated Hong Kong,
March 4th, reports quiet markets there, as
we'll as at Canton, Annoy, Foochow. and
Hankow; the Chinese New Year holidays,
and the near end of the season, which, at
some ports, was entirely over, checking
transportations. with prices nearly nominal.
Shanghae, March 12-The black tea season is
nearly closed; green tea has sold moderately.
Canton, March 1.-The weather is consid- |
AIRED favorable for the new leaf; and unless |
the early spring, which appears TO have set
in nearly month in advance of the usual |
time, changes very much in temperature, |
the new crop of tea will come into market |
at a much earlier date than that of last year. |
The total exports of tea from China and
Japan TO the United States, up to Feb. -,
were as follows:
Black. Green. Tea. Total
lbs. lbs. lbs. lbs. |
To date sea-
SON is7s4 is,sO,ss4 1852 Os4 Isi29597 4s 90, 2s5
Cor. period
last season "a ,S6,S6s q, l5624l5S 5S,5s2,7
From Jan. ]
to dale. 2,42e,Ss9 s,l27,s77 1,622O47 7,I7e,5es
Is73.....-. 2,sO,l50 2.2O6,SiO 2l75lOO 7,2S2,O9O
This, il will be seen, shows q falling off for
the season to date of IL, $50, 4l6 lbs. and in |
1874 up to Frebruary q, deficiency of 1885,
527 lbs.
ST. LOUIS COTTON TRADE.
The New York Bulletin gives st. Louis !
very strong showing in the following dis |
custom: The aspirations of st. Louis In re- |
gard to the cotton trade are well known; but |
this season, 1t is clear. her merchants do no |
mean to let the matter rest entirely in wish |
ing for success, but with characteristic West |
ern energy have made, and are making. ar |
rangements which will probably result next |
season in still more noticeable improve |
ment, though the percentage of increase in |
the trade there is even now in advance of
some other markets. Lately, the st. Louis |
Cotton Board decided to offer monetary in |
ducements, in the shape of a prize. look |
ing to the advancement of the trade, and |
10 be presented at the next cotton fair |
there. That market, 1t is true, is making |
every effort to divert trade from New York,
and, while middling upland is quoted here
at 173<c, they pay there 17c, which is very
close, considering the cost of delivery here,
together with other expenses. New York,
however has been so often threatened with
determination by other markets, and in
connection with so many different trades,
without result, that people here have fallen
into something like skepticism in regard to
all projects Of the kind. The one great point
in favor of st. Louis is the important inn
nections with Texas. This has led
to shipments to that market where
way to other ports. In the season of
1870 IL, when the total crop was 4256, 900
bales, st. Louis received very little Last
year, with yield of 1876, 900, that market,
mp to May 4th, had received only q, 900 bales,
while. with an increased crop, It il true, the
receipts there for this season up to the date
mentioned have bee n 7S 900 bales. This is
not very formidable showing, but it shows,
nevertheless, very satisfactory percentage
of increase. Memphis, although much in
advance of st. Louis, looks upon the move
ments there of the cotton people with evil
dent concern. This though the receipts there
up 20 the lst instant were over 400. 900 bales.
The receipts there up to that date were 1000
bales in excess of 1873, with st. Louis $4,000
bales ahead of last year. But Mem
And now, as to rates Of freight,
those from st. Louis to New York on the 4th
inst. were Soc to zoe, to Boston Csc to 75c, to
Providence 20 to SOC, to Baltimore so to 60c,
and to Philadelphia So to 65c--these rates
according to the degree of compression.
Those from Memphis, where every bale Is
compressed, on the LIST inst. were, by all rail,