The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1884-04-14
THE AMERICAN HOG.
4 Herald Reporter Interviews Hu'nai
Friend Of Each.
Ehy BnsIness IL had 10 porolne Poo
ducts Just Now.
Square Talk "Fcom the Card.D

A HKsALD reporter had 2 Talk allh AajnI
J. 3. Collect yesterday Shout me hog
which. barring nDnle verY % rsonsl gIlusil1i
10 PfIncF Blnlnrck, rnpa las llw;
On s..0n Mr.. Collett. what 80 you con
slider The cause Of zach vide fluctuations IA
tho pfit.l OF hog product this seasoLl
AuSxcr.--In the first pace, the whole
trade got on tho wrong track 10 iae CON-
menoem6nt OF tho season. IL was generally
supposed Ht tho high prlc- paid l'f huge
tho psss tao years would stimulate the
production aud lover prices were con-
n1rntly expected. Somo packers, rs early
a. November, made small contracts for iu'
ture delivery ~ much lower prices
than we're current for spot goods az mat
time. n. soon became evident,
however, that fsTmeIs hsd scll cn their
stock hogg last season too elose ana mat
instead vi 40 iucrosso there was largo de-
crease Ia The number available iir winter
packing, aud thObe packers who toQk ~ The
situation In Hoe naturally shaped their
trade accordingly. Buyers, however are
generally bears, aud thov refused % believe
IN the alleged shDE ,se0 ard met the ID.
vance ia prices rtluct inily. On the 1T Of
March The winter packing footed up about
100 eco hogp, or lS.pef cent. short, aud those
killed averaged over 10 per cont. per
head short weight, which ~
creased the shortage 10 nearly 70 per cent?
but e,il the bears refused 10 inset the STU
alton, aud Ia the Ehsonce of a speculative
demand tbs market appeared slow ano an
satisfactory. 10 iplle o. q iairi STEADY con-
suulptiya demand Added % these inlu-
encps au0ther factor was added, VIZ Toe
frnde ota irrga portion ~ the south has
been turned from its former channels ~
The opening OF new railroad rnntes and
hCldets OF hog products 10 markets mat
had thl1 Lost cultomcia became impatient,
- q NaaH aHHHa Gao I'll.
mest on the market, which was already
psnioky from the forced unlosding OF
wheai. This bfought the expUftsra into
tha market, who RELY took all bargains Of
tered, aud strong hrms laYing confidence
ia future values hough .Gcly, realizing the
fact that oil this stock Was needed for home
consumption and IL allIsed 20 DO shipped
out famine prices would result later Ia the
season.
Question: you do not believe In
the market belng manipulatsaY
Answer j seu no manipulation IN buy
ing stuff when you think 10 cheap, TnoLe
who zoe what thsY 10 NOT OVID,
nor expect TO own, appear 70
N q 10 DO the only manipulatora, and they
ought ! OF TO complain II they drop their
dncsts by trying 10 weaken the ys'us 20
ether peoples property.
Question --Bow are the receipts OF hoSf
com pared With last gear from l3t OF March
10 preeeut sims?
Auswer.-Considerab short.
Question How ID the stock Of msat COM
p0rcd with this time last YEAR,
Answor.-It Is expected 10 figure up
largely short WHEN stocks are taken lst Of
Nav. Kansas City has bad good steady
oonsumptivs trade all tho season and Ok
poets 20 have good demand for all the
meat the packer8 can turn out during the
summer months Gtg considerably higher
prices, unless large increase takes place IN
The recelp3s OF hogs which 10 not coueide =
ed at all probable. / give you nv indiv'd'
utl views OF lbe situation, jltt AZ giye.ta' m
tn my customers daily, and believe they nrt
about correct.