, 1879-04-27

Artfcfts.
Week end.} Since .Nor.
Ef'JdD'I 94f /,


says:
It is fact, no doubt, that the bulk Of the
stocks OF product are held by prominent operators,
and that Chicago Is the central point. Whatever
the condition or tendency OF the market here will
be the condition and tendency at other points. The
stock Of mess pork for delivery on speculative con-
offered to meet. any consumptive demand some:
thing Of an unknown quantity. The stock Of lard
is much TOO heavy for the season, and though
largely owned by two or three combinations, its
Of hogs and new manufacture tends to force prices
down. The stock Of short ribs is also very large,
and can be readily augmented should the trade war;
ran, it. Shoulders not in excessive stock, and
the same may be said Of ell other aescriptions Of
meats except short ribs But the liberal stocks Qt
the three leading speculative articles s bound to
exert an unfavorable influence. There hns been
very large amount Of provisions sent out OF Chicago
within month. A liberal proportion OF it has I'M
been changed from here to New York, the idea
being to scatter the stock some, the property
being moved by interested parties. This does not
'lu sight, fact which buyers will not lose sight
Of A. nearly inside prices on the recent break,
outside parties !notably Cinctnnat:) came in and
three days has exhibited considerable strength In
consequence; but at the same time there is feel-
ing OF uncertainty apparent, and operators are shy
II prices advance there Is no doubt but TINT we
shall receive moderate supply Of hogs, and if this
is true. there Is little in the future outlook on
which to base any material and substantial appreci
Ik1Qn III Values u DEQf}HlOu6 10EY 1N1J DC I0rCeQ
up some By speculative manipulation but in order
to get rid Of the large amount of stud on hand and
prospective, low prices must rule. There are, Of
course some possibilities thai might arise to cause
substantial advance in values, such as bad
spring for corn Planting or raising, which would
make farmers hold back the in hAnd, and get
ions OF acres OF and under cultivation, and The
fact that each year new farmers open up in the
West. such thing does not seem possible. Fail
ure in one section would very likely be
communicated hv fha jncraHsnd aUa
consequent npon sready growth OF agricult-
urc at various points, especially III the fur West,
any substantial appreciation in prices. The stock
Of pork is such that it could be cor1ered readily
but will hardly be attempted: as it would affect
ready not too liberal consnmptive dcmnnd. Those
who own the bulk Of the lard have big load on
their shoulders, and it looks now as though the
investment :. Lard is not dear, but there is too
much OF ii. To reduce the stock it is necessary to
largely enhance the consumption. To accomplish
nlent is offered buyers to take hold. The latter
now hold the balance OF power, and are not likely
to let go. Onr foreign exports Of lard show II
while our total exports OF provisions for March, rs
officially returned by the Chief Of the Bureau OF
Statistics show falling of Of & 600, 600 lbs as
not favorable feature under the circumstances.
Mess Declined l21:c pei brl, but closed only
21sc below the latest p:ices OF Friday: Sales were
Tep01lEu VI j. QOV SE!jtl duIu Ak UU3 LII ~oU
bris seller May at SO. 4.l9 30; 81. 500 brs seller
June at 50. 52hG %: and % 500 brls seller July
ut 80. 62HQt9. "a. Total, 60, $50 bris. The mar
50. 52h09, IS for May, 50. 82H@9. 65 for June,
and 50: 721:G19. IS for July. Old pork was steady
at s. s. w. Pfime mess pork wag au95cd o at 80. 5o
LAKp--Declined 2HG5c per 100 lbs, but closed a
shade above the latest prices OF Friday. Sales
reported Of q. 500 tcs seller May at SO. 0o@g. o.;
III, $50 tes seller June at Sc 07t4GB L. and Z, 800
tcs seller July at SO. 12t:@G.20. Total, "a, $50
tcs. The market closed firm ut SG.05 spot seller
April SO. 0:NGG, 07tx for May, So 1213 for June,
and &c. l71:GIG. 20 tor July.
MEATs-Were more active fo- shipment, with
fair business doing in local futures. The market
was about SC lower early, but rallied in the after
part of the session. Sales reported Ut 1O0 COO
lbs shoulders seller May at s.. 37; 800 boxes long
clears at S. G5: 800 boxes long and short clears at
~ Us and 81 75 3, $50 0O0 los short ribs at IS
o. A. So seller Nay :55D4 80 10 for J9ne me E65@
1t s.. 70 epot. The following were tho closing
prices per 100 lbs on the leading cuts: