The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-10-06
FINANCE AND BUSINESS.
CORN AND HOGS.


OUTLOOK FOR THE COMING CROP.
Messrs. Henry Milward & Co., of Chicago.
have issued their annual report of the out
look for the present crop of corn and hogs.
In answer to their letters of inquiry, di-
rected to well informed gentlemen through
out the various States, they have received
replies from PA points located in Illinois,
Kansas, Nebraska, Iowa, Missouri. Ohio
and Indiana, these beng the great corn and
hog producing States. The report seems to
confirm opinions previously published, in
dicating a decrease in hogs and fair crop
OF corn.
We think there is not the slightest doubt as
to there being fewer hogs in the country
than at the corresponding time last season.
In almost all sections OF the country hogs
are reported in poor condition, owing to the
scarcity OF old corn with which to feed them,
and the general appearance OF those now
coming are certainly corroboratlve OF these
statements. The return of the Registrar
General for Ireland, shows an increase of
$1,000 hogs over last year, and the number
in England is estimated to be fully equal to
that of last season. From Canada we hear
that there will be slight falling off in the
number. "The corn crop, we think, will he
a fair one, but as there IS verify little OF last
as The market prics is fully 100
per cent. higher than in 1873 II
is more than probable that the farmers will
sell their hogs early in the season III order to
realize on their corn TO better advantage.
The approaching packing season is the suO-
aiAn, n, much speculation. Last year the
ynrice of hogs Hanged from 50 so to 81 90 on
lat of November, TO Al 621z to 81 IS at the
close of February, and tue issult was safe
price for product, at which Sc5aleIs tSnk holu
freely, There were none OF those serious
fluctuations so frequent when prices are
high, and both packers and dealers had
reason to congratulate themselves on a
profitable business. This year, however,
we shall commence packing at much higher
rates, and as the country is bare of stock,
the new packing will doubtless be largely
drawn upon to supply the Immediate neces-
stiles of the trade; but we think the expe-
rience of the past has shown con-
Induce a constant and healthy de-
mand throughout the entire wilier.
and leave US with moderate stocks at the
close OF the packing season. Summer car
ING has been extensively carried on III the
west this season, and the product has gen.
eralIy given satisfaction, owing 10 the
high prices of winter meats which have been
current of late, the Southern trade has taken
the Ice cured TO large extent. Long clear
was at first the'only cut inquired Tor, sat OF
late of Staffordshire, CumberlanCs, and
Stretfords have been in demand. For
future delivery, transactions have been
confined to mess pork and lard. The former
has sold as high SIS ., and the latter
gil S71< seller the year. The market has
since declined To s17 80 for mess pork seller
the wear. SIT 20 January and February, and
ST. So seller February. Lard, Sll ~ seller
the year, gil 40 January and February, aud
$ll so seller February.
The following table shows tue current
price of produces since the close of the last
hacking season.