New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-09-05
DEALERS HERE GREATLY PLEASED.
SATISFACTION OF PRODUCE EXCHANGE MEMBERS
TALKS WITH BUSINESS MEN.

Il
TALKS WITH BUSINESS MEN.
The tact+hat the embargo against American pork had
been raised by the German Government created large
amount OF interest on the Produce Exchange and among
dealers in pork generally. The efforts that had
been made by the representatives of this country 70
have the embargo raised have been closely watched
by Dealers and they not so much surprised at the
result as they might have been had not those efforts
been made public before Prices Immediately stifened
and lard and all hog products showed immediate rise
at the opening of the day. The pork men on the Ex
change all expressed themselves as being more than
pleased with the opening up of this market, and all
united in the one opinion that the ultimate results
would be extremely beneficial Those VINO expected TO
see an Immediate rush Of foreign buyers for the product
were somewhat disappointed because orders oid not
come In with great rapdity. For this there Is simple
explanation. The kind Of pork that the foreigners want
for the German trade is not hand in any large
quantities and dealers know that this country cannot
Immediately supply the German people with all the
pork that they could eat.
H. O. Armour was seen the Produce Exchange by
Tribune reporter. He said: 81 have felt pretty Ger
tain for some time that the embargo against the American
nor1x would be raised OF course the immediate results
win not be very great the market but the eventual
outcome will be one of great good to the country
think that big trade with Germany can and VIII be
opened to u.s. Mr.. Reid is entitled to great amount
OF credit for the part that he has played In opening THIS
question, as Minister to France"
E. II. Dougherty, another large dealer in pork said
"There is no doubt that eventually the raising Of the
embargo will be Of great benefit TO this country 1t
already has had an effect the market and prices now
are higher than they were last night We have not IN
this country the kind Of porf that Germany wants
They want dry-salted pork shipped in boxes OF this
kind there is not much on hand. The general effect
viii be beneficial however, but If the prices here are
put up there may not be so large demand after all
think that before long shall have large foreign
market on account of the raising Of the embargo The
Germans have been getting our pork nn along 1t
has been shipped to them through Antwerp and they
know what it IS Lard already has gone mp in sympathy
with pork but imagine that after this furry Is over
prIces VII resume their normal condition again.
A number Of other dealers, among them being 5. A.
Budcett of s. A. Budget & Co. expressed the same
opinions as did Mr.. Armour and Mr. Dcugherty. MI
Budgett said that there should be immediate erect
except perhaps temporary rise in prices He added
that big foreign market undoubtedly soon would DO
opehed 10 this country. - III,
The opening Of the American pork to Germany VIII
cause An additional amount Of work for the inspectors
az this article Every country that demands y can nave
the meat Inspected here. and there arc ALREADY IN
spectors at Eastman's and SchwarZchd SllZbeTgers
abbators. DR.. w. s. Devoe is the chairman OF Ihs
Meat Inspection Bureau.