The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1876-04-26

1 AlG so ANOh e00At SAlVNNI
600. To pay this they depend on the re.
ceipts, which they estimate will reach the
neighborhOod Of s5,OOO,OOO.
The Outlook OF the Pork Trade.
The statistics for the Western states
for the season, as it is called, beginning
November lSt Of the last year and end
ing March lat Of the present year, have
been completed. These reports are COM
piled with great care and are accepted by
the trade as authoritative. The fact that
reports from three different sources show
a variation OF only thirty thousand hogs
in an aggregate Of nearly five millions, ia
an evidence Of their accuracy. We use
the figures Of the Cincinnati Price Current,
the oldest and leading authority on this
subject. Tho figures show that com.
pared with last season, there is this sea-
son decrease OF nearly 7OO,0 900 hog, and
decreased weight Of more than one
hundred million pounds. The average
price paid at the principal packing points
was over I cents, against " cents last
season, being an advance Of nearly 10
per cent. The pork business has been
the only one Of-general importance dur
ing the present financial depression, and
it has not only held its strong position
but has been gradually advancing prices
all winter. The condition Of the trade,
however, is not satisfactory in the mat
ter Of profits. The packers, in paying
The high prices they did for hogs, dis
counted the subsequent advance in
prices of the product, which have
not yet reached point that COW
erS The cost and risk Of carrying. On
The other side the speeulaiots, as we'll rs
the legitimate dealers, looking at the de-.
clining tendency Of almost every com.
modify, take very cautious view Of the
situation, and hesitate to invest to any
extent in the solitary exception to the
general rule; and although willing TO ad.
nit the deficiency in the number OF hog,
they, on the other hand, claim that the
consumptive demand must be greatly di-
unfinished, unless rapid and radical i'm
provement takes place in the general
business OF The country. This feeling
has produced very quiet trade
thus far, and has checked the
advance which the packers managed
10 maintain during the packing
season. In fact, just at present buyers
find the market in their favor. The ques-
ton at present Of advance or decline ia
becoming interesting 10 the trade, both
sides feeling that something decided must
take place soon, as the season for the
greatest consumption is almost here.
Western holders appear very firm and
predict high prices for the summer and
fall, The shipments to foreign ports
are up to the aggregate OF last year,
with the single exception OF lard, but 1t ia
claimed by the bears that the shipments
Of the frst six months are mostly the
property Of English and Continental
packers who have not yet marketed their
products, and that the demand abroad will
be very small during the remainder Of the
season.
Considerable movement has taken
place in hams owing to preparations for
the Centennial exhibition. Philadelphia
and New York dealers have purchased
largely, shrewdly calculating that the
average visitor TO the great patriotic
show will find slice Of juicy Western
ham more economical and satisfactory
lunch than the fresh oysters and soft
shell crabs Of the Eastern coast.
The receipts Of live hogs at Chicago are
small, though the prices are GER
tainly high enough to bring in
the stock II there is an abundance.
Eastern shipments have largely decreased
compared with last year. Eastern deal
ers do not manifest the same confidence
as the Western men, and place little
confidence in the short crop theory, but
for several years past the opinion Of
Eastern dealers and journals has not had
much influence upon the trade.
The fact is the great West is master Of
the situation in virtue Of It's rapid nd
vance in wealth and the extent ofits ng.
ricultural interest. The boast Of Chicago
to-day, is that she, and not New York,
dictates the terms on which the products
Of the great West shall be handled.
The prevailing high prices Of animal
food, naturally will stimulate an increase
in the supply. Nevertheless stock-feed-
lng, and especially that Of hogs, will
prove a profitable business for several
years. The depress ed condition Of the
manufacturing interests will force many
food. consumer into the great army Of
producers. This process, though slow,
is the only remedy for our business
troubles.
The broad acres are, POLITICALLY speak
ing, inviting the embrace Of the husband.
man, and when we see our hills covered
with cattle and the valleys crowded with
swine, then will plenty abide in the land
and hard times be but a phantom OF the
past s-t- a
Dlainc's Hindieatiou.
lFnni the Pittsburgh Garstts u ysstsrdiy.l
Mr.. Blaine's answer to the SANDER
against him in reference to those
railroad bonds was given in Congress yes
,o.Ia,, aud yVaa n man1v AlOhnenL and