The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-10-13

4
large Water street obber believes that prces will
advance before the incoming crop Is marketed
assigning as reason that there is accumulation Of
last years stock to meet the demand for expectation and
home consumption Much depends upon the action OF
European houses If they take the supply TO come in
this winter at the rates demanded II viii tend TO
keep tho market firm and shorten the supply for home
consumption Last year they were reluctant to take
bacon at OK cents per ID This gear they wllhav
4 bid x cents more per Id 10 compete With tho homo
market This is also true of other lines of provisions
The best reports ataInabie show probable average
yield Of hogs and though they will be marketed late
owing to the heavy crop OF this year. prices along
in the end Of the packing season. which opens Nove-
Der and closes IN March, may drop away few
Pearl street obber Expressed tho belief that this
like 1874 is likely to DO unsatisfactory year Last
year spectators just before tho packing scuson ran
up prices aud they will, doubt. do il again this year
There is Justification for It, the crop of hogs this
year will be fully largo that OF last year They
may be less in number but heavier weight owing to
! the heavy crop lie anticipated n good lard
season. hut feared spectators would bull the mar
ket, as last year
heavy commission house in BROAD street s.ns:-
''rhe prospects FOR tho good deal mixed
High prices likely to continue until tho packing
season is well under way Prices rule higher than last
yoar especially in boxed meats There has recently
been in pork in Chicago that has upset
tied the market Tho high prices OF hogs during The
summer has induced farmers to market OF their
products carl!nr; hnt tho corn crop being immense
they holding tho hogs back for IT, which will
make tho packing late Tho Germans are com
pcting with the English FOR winter ourcd supplies
and bidding high for them This is especially tho
with bacon aud lard Germany has hidden
one cent higher than last year, which will
\ Fos
when the heavy OF tho crop comes into market
prices may drop away. Beef in packages and picked
is growing less every day, and thoro is nothing doing
In IL Tho provision business Is aa Il always is
very brisk particularly in the hog product goes
moro generally over the world than any article of
American production "
Another heavy commission firm attributes tho nd
vance prices last year and the slight advance this
year over tho highest Of last 10 'bnlI spocua-
lions They think it is early tho season 10 ven-
turc estimate the fall Of prices
A heavy lard exporting house reports that there il
very the market; that there no advance over
last years prices spot" lard Last yoar market
opened low cents, up twelve IN July when
II was taken hold Of by corner" run up higher
There overplus in the market ali went Oh
at the high figure The Germans bid for the CROP and
IL remained high. This year il is different have let
ers from Cincinnati and Chicago These say thero is
"a feeling that carly hogs win not DO plentiful
and many buying November December
options Of pork and on that account but il is
conceded that have enormous corn crop aud
that generally gives large hog crop" II be the
case prices may open high and brcak In the market
If the crop is marketed iato. It IS likely he
this season
a number Of largo packing and curing houses up
town visited and the same general views ex-
pressed by their proprietors II VIII be gratifying TO
the TO know that the prospect Of a decline
TO the oil prices Of two years ago likely be realized
unless SPECTATORS rush into the market without any
natural justification for II, and by corners keep up
the present exorbltaut rates All reputable dealers
agreo that thero is for prices being main.
tanned az fictitious figures alter The crop Of this year
marketed.
THE RETAIL MARKET
In the retail market The prices vary according "a the
caprice OF the dealer and the advantages he may
takcn Of the upward or downward movement in the
is tho hands Of the grocers, who mako that
part Of their general trade and acquire less
! profit as they take advantage Of fall rise in tho
wholesale market The grcccrs are sagacious class
who watch the market closely and, when prices arc
low lay IN largo supply that will carry them over
season Of high prices Smoked aud corned stock with
occasional handling, will withstand the influences Of
4 climate; hence there Is little or no loss. Those who
last year sufficiently asutc TO forescc that provs
ions would owing the tricks OF Chicago "cornorcrs,
st. Louis scapersn and Cincinnati 'sharps, continue
rs high as last and consequently laid in 4 supply,
now in a position TO sell at lower point In the retail
market than their competitors on the next corner VINO
buy from week TO week And they net only under
sell them, but make larger margin rool thelr ven.
| lures. one feature OF the trade that the prudent
| housewife who does the buying in all wcll regulated
families cannot understand, IS why horgoctr VINO Sells
tea and coffee on one corner three ccns less than
his rival the way charges two or three cents per
pound more for all articles in the provision line. Tho
secret III some that advantage has been taken Of
the market and stocks purchased when ihey ruled low,
but unfcquenty y Tho result q cor'pett1n 10
trade one will s'brcaku the market on n few articles
of trade with the view Of drawing custom but he
always calculates upon making up the loss by bear
ng some other articles Of ready sale. For instance
n kepu