USA > New York > Erie County > Buffalo > The Commercial Advertiser Directory for the City of Buffalo, [etc.] 1860 > Part 8
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The total supply during the past year, as near as it has been possible for us to arrive at the facts, has been as follows:
On band January 1st, 1859, Tbe 261,000
Recei ts of tive leading houses during the year.
1 800,044
Receipts by gr sceries, &c., estimated
500,000
Total supply
¥,560 044
On hand January 1, 1800
494,7.6
Total sales
2,065,298
Ordinary to prime old sold from the opening of navigation until about the 1st of June, when the new make began to take possession of the market at from 9 to 13c per lb. When new be- gan to come forward, prices ranged at 9 a 10c, but by the end of the first week in July fell off to 7 a 9c, advancing to 8 a 9ic by the lat- ter part of August, then to 9 a 10c about the 1st of October, and lastly to 91/2 a 101/2c by the middle of November.
PRICES OF CHEESE ONCE A WEEK DURING THE ACTIVE PORTION OF THE SEASON FOR THREE YEARS.
Mav 9
13 2.14
May 16
1212@ 13%
8%@ 9%
May 23.
130
8 @9
9%@ 13
Jane 6
Jane 13
10 @:0%
7 @' 8
Jane 2
10 @10%
7 @8
8 @9
4
June 27
10 @10)
64@ 7X 7
@ 9
July 4
7 @ 9
July 11
10
7 (@ 9
July 18
9 @ 94
6 (a 7
7
July 25
9 @ 9%
6%@ 7%
7 @ 9
August 1.
9 @: 10
6 @ 7
7 @ 9
Auvust 8
9
6
@ 7
7 (a: 9
August 22
932(4:10
6 @1
8 @ 9%
August 2y
932@@ 10
@ 7
8
S+pt. 5
9%(a.10
6 0 7
8
8
@ 9%
Sep . 19
9
9
(a:10
9
a 10
Oct. 3.
9
(a) :0
9 (a'10)
Oct. 10
9 @ 9X
6%@ 7X
9 (a 10
Oct. 17
9
9 (a10
Oct 24
9
9
@ 9%
9
@ 10
November 7
8
9
9%(10%
November 14
8
9
9/2010%
November 21
8
@ 8%
732@ 8X
932 0%
November 28
8
.- @9
9%@.0%
LEATHER.
There are now in this city and vicinity, nine tanneries, in part or wholly owned here. Most of them are extensive concerns, employing in the aggregate a large number of men, probably not less than 600. Large quantities of leather are thus annually turned out, and being of excellent quality, meets with ready buyers both east and west of us. Hemlock tanned sole is the principal variety manufactured, and probably has as good a reputation as any other variety turned out. Besides the amount manu- factured here, large quantities are annually brought forward by lake, a considerable portion of which is consigned to parties directly inter- ested in the trade. The receipts both by lake and canal for a series of years have been as fol- lows-
Rec ipts by lake, 1855, rolle.
2.265
1856.
23.6
1857
2 513
1818.
4.29]
1859
5.342
by canal, 1855, 1be
1.886 396
:
1856.
.1.5. 3.057
..
1857
714 135
1858
80.863
1859
1,.72,260
The number of lbs shipped by canal last sea- son was 94,579, against 185,205 lbs in 1858, a decrease of 90,626 1bs.
We are unable to give the movement of this article either to or from this city by the rail. roads. It is known, nevertheless, to have been large during the past year, and is doubtless one of the mauy commodities to which these corpo- rations are indebted for their extensive carrying business; and owing to the fact that it is easily handled, forms a very desirable class of freight.
1859. The business in leather, locally, at least, du- ring the past year, has not been of so favorable a character as could have been wished, but while this is true, we hear of no serious complaint arising from a lack of demand or a depreciation
1857.
1858.
9 @13
Hav 30
10 @@10%
9 @10
9 @10
9 @ 9%
915( 10
672(@) 7%
7 ay
Sept. 12
9 (@:10
6%@ 7% 6 @ 7
8 @ 9%
Sep1. 26
6%@ 7X 6 (a 7
6% @ 7X 7 a8
9 (@10
Oct. 31
@
000000
@ 9%
August 15
63,@ 7%
50
COMMERCIAL ADVERTISER DIRECTORY.
in prices. There has, however, been a down- ward tendency in the latter, best slaughtered and middle weights ruling, in May last, at 26a 2612, heavy slaughted at 25c, heavy Spanish at 25a2542c, and best do at 26c, while in November best slaughtered and middle weights brought but 24c, beavy slaughtered 221gc, heavy Span- ish 2216a23c, and best do 2342c.
LIVE STOCK.
We herewith present a more accurate report of the receipts of live stock at this point, both by water and rail, during the past season, than any hitherto published. This we are enabled to do from the fact that we have kept what we have every reason to believe a reliable weekly account of the receipts at each of the several yards which follow-the receipts by lake dis- tinguished from the number received by the State Line Railroad, as well as the source of supply by either route.
RECEIPTS OF LIVE STOCK BY LAKE FOR NINE
YEARS.
Cattle.
Hogs.
Sheep.
8,211
89, 20
15,9.6
171,223
16,590
1852.
20.466
114,962
20,466
1853.
19.407
74.276
19,441
1854.
.14.049
54,944
26.508
1856
.25,283
72,713
41,467
1857.
29,799
75,174
44.972
1858
32.522
136,849
41,354
₹859
.17,606
42,476
23,695
It will be observed, from the above, that a very large falling off in the receipt of live stock by lake took place last year, as compared with the previous season. The decrease iu cattle amounts to 14,916 head ; of hogs, 94,373 head ; and of sheep 17,659 bead.
The source of supply is as follows :
Cattle.
Hogs.
Sheep.
No.
No.
No.
Ohio
4,806
15,066
12,879
Indiana
8,450
18,756
4,117
Michigan.
268
1,785
3.187
Illinois,
161
....
Wisconsin
10
Canada
6,911
6.869
3,894
Total
17,606
£2,476
25,695
A strong competition existed throughout the spring and a portion of the summer months, between the five great lines of railway : the New York Central, New York and Erie, Balti- more and Ohio, Pennsylvania Central, and Grand Trunk Railway. During this period the receipts by lake were of an extremely meagre character. Every variety of stock was engaged by the agents of these corporations, and often at figures far below the actual cost of transpor- tation. We shall not, however, attempt a dis- cussion of the demerits of this ruinous policy
here, but figures bearing on the subject, may be found in another place.
As regards the proprietorship of the yards for the accommodation of stock, some few changes have been made during the past year, while one new one has beeu erected. L. G. Burrus aban- doned the place known as the "Wood Stand," about the lot of July, and removed to the farm known as the "Old Lamb Place," situated on Elk street, Z. Estes retiring from business. So far as the yards, for the accommodation of cattle, are concerned, this is the only change which has been made. L. Crocker & Co. still occupy the Tifft Farm, on the lake shore ; D. M. Joslyn remains on Seneca st., on the plauk road while Burrus & Dickey, as above remarked, oc- cupy the "Old Lamb Place." One new yard, designed only for the accommodation of hogs, has been erected, situated adjoining the sbip- ping pens of the New York and Erie Road, on Elk street. It was built by Messrs. A. J. & P. Dickey, and used by them until about the la of October, when it was sold to, and has since been under the control of J. H. Metcalfe. It will be observed that the receipts at Metcalfe's yards on the beach are very light. They have been practically abandoned during the entire year. The Lake Shore Road has constructed new, ample and convenient pens for the loading of stock, within the year past. They are situ- ted on Elk street, within a few rods of the yards of Mr. Metcalfe. It may not be out of place to remark, that all the above yards are conveni- ently situated for the accommodation of stock of all kinds that they are furnished with am- ple sheds for the protection of stock in stormy weather, as well as an abundant supply of wa- ter ; and, moreover, that they are in connection with good hotels.
The following is a complete and accurate statement of the receipts at the different yards, together with the source of supply:
AT L. CROCKER & CO.'S.
State.
Cattle.
Finga
13.916
Ohio ..
.15,675
2.156
Illinois ..
2,638
126
....
Indiana ...
3,061
92
Michi. an.
1,198
Towa.
13,458
493
PenDer ivaDia
475
25
New York
469
....
....
Canada.
105
....
Total
.35,615
2,921
21.735
AT BURRUS & DICKEY'S (SENECA STREET.)
Ohio ..
1,214
....
Illinois.
314
....
Indiana ...
412
....
Michigan.
281
....
lowa.
424
....
Kentucky
1,074
....
151
Missouri ..
100
1,71g
....
Kentucky
698
1. w
1851
From
168
18 5
51
COMMERCIAL ADVERTISER DIRECTORY.
Pennsylvania.
10
....
....
New York
356
....
....
Canada.
165
....
....
Total
4.500
..
..
AT L. G. BURRUS'S.
Ohio
982
....
Lilinola
918
....
....
Indiana.
262
....
....
Wisconsin.
127
...
....
Iowa.
206
....
....
Kentucky
295
....
....
Missouri
52
....
....
New York.
121
....
....
Canada ..
18
48
....
Total.
3.504
48
762
AT BURRUS & DICKEY'S, (BLK STREET.)
Oblo
.14,678
80
16,008
Illinois.
6,628
....
Indians.
3.281
....
1,456
Michigan.
1.635
....
1,610
Wisconsin.
19
....
....
loms ......
248
....
1,364
Mimourl.
115
....
Pennsylvania
335
...
New York.
1,607
....
Nebraska.
96
....
....
Total
.37,553
80
21,937
AT Z. ESTES'S.
Ohio.
3,672
679
3,590
Illinois
2 662
....
Indians ..
1.049
95
300
Michigan
1.082
334
634
Kentucky.
907
....
....
New York
473
....
40
Canada.
128
33
141
Total
9,466
1,070
4,656
AT D M. JOBLYN'S
Ohio.
4.446
187
11,320
nHoots
9,982
....
1,465
Indiana.
1.141
563
Michigan.
2.775
318
3,600
Wisconsin.
10
....
Kentucky
449
2,162
New York
813
1,108
Canada.
2.691
1,409
Total
22,672
799
21,973 January 8 ..
875
250
916
2.
2616
171
1064
29.
1698
858
Febru'y 5.
1995
2611
815
19
1330
1404
726
26.
59×5
1z19
March 5.
2.50
5373
72
12.
2309
4251
548
19.
.687
3779
2467
4043
178
April
1619
9.
1542
4471
960
16.
1168
40 7
665
23
1864
2854
949
30.
1148
2380
7
1141
3637
517
1410
3: 05
796
1556
2519
2420
5624
4225
4.
2071
5463
2424
18.
8484
4871
25
5666
8074
SH.6
July
2.
1724
1771
1974
9.
2353
1142
16.
8160
1735
$777
.€
2916
1506
1644
August 6 ..
3256
1881
13.
3106
3721
27.
2.79
Imm.
...
2,718
....
Kentucky ..
...
350
319
Total
20,268
......
AT METCALFE'S ON THE BEACH.
Ohio.
5.938
....
Michigan.
1,414
Total
7,952
AT NEW YORK CENTRAL PENS.
Mostly from Ohio.
321
22,243
....
Total
$21
22,243
......
RECAPITULATION.
TOTAL RECEIPTS FROM DIFFERENT STATES AND CANADA.
Ohio.
80,004
101,234
46,551
Illinois.
22,452
35,045
1.785
Indiana
9,216
18.064
3,739
Michigan.
7.242
27,255
7,116
low ...
2,644
1.967
Kentucky
24,018
2,008
4,868
Pennsylvania
1.200
1,005
6,396
New York.
3,899
801
1,635
Missouri.
257
....
....
Nebraska.
96
Canada.
3,106
916
1.500
Total.
113,357
189,579
73,619
TOTAL RECEIPTS AT BACH YARD.
Yard.
L. Crocker & Co.'s
.35 615
2,921
21.785
I. G. Burruz'a.
3.914
48
763
Burrus & Dickey's, Seneca st ... 4,.300
Burrus & Dickey's, Elk st.
.. 57,553
739
21,975
Z Ester' ..
9.466
1.070
4,626
Dickey's Hog Yards, Elk st. ..
16
20.266
Metcare's Hog Y Me, Elk st.
114,602
260
Metcalfe's on the Beach
7.552
....
Metcalfu's Erie Hog Yards
21.258
....
New York Central Pens ..
22,248
-...
Total.
118,537
189,579
73,619
TOTAL RECEIPTS FOR THREE YEARS.
1867.
1868
1850
Cattle, No.
.108,203
136,143
113 357
Hogs, No.
.307,549
845,731
189 579
Sheep, No.
117,468
92,194
73.619
Total head, all kinds
.693,200
673.968
376.555
STATEMENT sbowing weekly receipts of Live Stook for the year ending Dec. 31, 1869:
For week ending.
Cattle.
Hozs.
Sheep.
AT METCALFE'S HOG YARDE, (ELK STREET.)
Obio.
64,246
266
Ilinois
27.1127
....
Michigan.
18,019
....
Kentuckr.
1,494
....
278
....
376
....
632
....
694
....
Total
114,602
966
AT DICKEY'S HOG YARDS, (ELK STREET.)
16
6.202
....
ImbaDe
..
6.475
....
1.946
....
1,42
....
'796
....
831
....
645
....
169
....
Total.
16
....
AT METCALFE'S EBIE HOG YARDS.
9.50$
....
1.417
.
Michigan
D ..
183
....
17
3407
80 3
2006
น.
1188
October 1 ..
2537
2000
1660
8.
2900
103 7
2278
1421
Sept'e
9376
763
197C
10
2485
855
2507
2737
2409
8421
1747
5.768
....
Michigan.
low
11.
19-5
4056
Kentucky
10 953
....
Low.
915
....
Pennsylvania
Wisconsin.
.
26.
2.
36
May
14.
3
13.
1850
46 9
1092
295
....
Kentucky
8.912
....
1,102
197
121
D. M. Joalyn's
.22,672
21,47
Wisconsin.
166
....
129
Michigan ...
333
2.270
Wisconalo.
885
....
New York
Canada
New York
June
1463
448
Indiana.
8.370
..
2010
52
COMMERCIAL ADVERTISER DIRECTORY.
Octob'r 15.
2401
3017
1597
Sept'r 17.
76
323
24
110
22)
..
23.
2266
4511
848
29
3183
7701
726
October 1.
55
8
8 1
1565
Novb'r 5
2523
3550
270
16
153
1853
2.43
22
530
548
....
29
165
2608
170
Novb'r 5.
120
1225
726
Decem'r 3.
10
1654
10,596
854
.
17
1665
12,469
2.203
24.
1554
4++3
430)
31
1482
5584
626
Total.
-113,337
189,579
73,619
As regards prices for cattle, we are unable to present what may be considered a full report. The inauguration of the competition between the different lines of railway, and the discrimi- nation exercised by them against Buffalo inter- ests, served to drive buyers from the market, in- asmuch as they were enabled to go west and purchase better beeves at lower prices than could be afforded by our dealers, while they were enabled to ship them to eastern markets at lower rates than those charged from this point to the same localities. Again, buyers were re- luctant to give the figures at which their pur- chases were made, from the fact that the terms of sale invariably reached New York, Albany, Brighton, &c., before the arrival of the stock itself-hence the desire, so universally mani- fested, to have them kept private. Most of the cattle changing bands, moreover, were sold at a certain sum per head, varying in price ac- cording to quality, and of which no definite idea can well be given. We have kept a weekly account of the sales reported at each yard, which is as follows :
STATEMENT showing the weekly sales of Live Stock at the di erent yards located in Buffalo for the year ending Dec. 31st, 1859:
For week ending.
Cattle.
Hogs.
Sheop.
January 8.
15.
191
..
H
$2.
219
..
29.
510
348
70
25
.165
23
12
12
1 .7
1620
566
12
7
19
417
6 4
98
9
.103
26.
60
875
72
.136
16
6
12.
20
110
18
19.
311
13
154
2.
506
474
452
13
8
3
"
23.
126
1230
17
115
6
1
Nav
7
2
9
...
1.
98
10
6
1
21.
347
1037
293
110
15
8
June
4.
363
1042
346
29.
114
33
....
18
12
8
..
139
10
97
18
7
198
3×7
285
26
76
21
1
Decemb'r 3.
60
44
4
23.
401
399
992
17
92
87
13
....
4
24
65
35
1
97
254
21
159
889
140
696
564 213
Total.
-5,064
1,078
454
232
426
341
248
120
10.
Sheep.
Horses.
No. Cars. No. Cars. No. Cars. No.Can
Jannary 8 ..
52
15
116
..
22
162
11
67
....
29
65
16
....
February 5.
92
82
5
....
13.
71
32
4
....
26
23
5
....
March,
5.
12.
90
16
4
4
19
85
15
26
52
21
88
9
65
16
13
5
3
25
80
16
1
1 3
May
7
67
14.
78
90
5
21.
72
15
28 ..
120
June
4.
117
21
15
i
11
.117
21
15
18
.178
28
10
..
244
1396
16
.144
March 5
651
70
3
876
....
6.
149
9
7
26.
849
1438
20.
97
8
6
9
217
666
264
3
106
2
3
290
1667
167
24.
.114
14.
280
1905
504
..
8
93
28.
245
1955
214
22.
.100
13
....
11
77
305
666
Novemb'r 5
99
21
435
259
12
94
24
July
2.
9.
87
25
445 182
10
49
62
....
..
50.
146
AU8
103
1
31.
92
45
5
....
27.
1.
Septb'r 3.
2721
2787
579
..
26
1651
4571
832
..
12.
202
913
..
19
193
14 1
2816
....
Decem'r 3
269
1241
....
"
10
$31
2632
....
17
78
2679
24
69
1624
31
247
498
150
Total
.10,926
48,723
10,6 @
The following is a comparison of prices as reported in the Commercial at the occompany- ing dates, for hogs and cattle, gross weight:
PRICES OF LIVE STOCK FOR TWO YEARS.
-Hogs
-Hogo
Fat.
Stock
Cattle.
Fet.
Stock. Cattle.
Ap. 2 .. 5
1 6 @6/ 5 (a5% 4),4%
May 7 .. 5
4
June1 .. 46455 3,504
34 4X 6X(an) 54@5)/ 5 467
July 2. 4961.66 4
6
.. 6% - .. 5 3 .. 3%
Sept 3. 4/5 -. 525
Ocl. 1. 4,6
.. 5% 5%.
6
4%.
53 315 .. 4
Nov. 5. 425% 3.
.43
346 .. 5
5 ..
Dec. 3. 4. .. 5 334-
6 5 ..
STATEMENT showing the weekly shipments of live stock by the New York Central koad, for the year ending Dec. 31, 1859:
For week ending
Cattle.
Hogs.
...
41
4
....
19
72
28
1
...
April
16
67
48
11 18
5
: 3
19 21
17
Febr'y .6
5.
July
2.
65
4 10
7
1 1
April
16.
792
245
113
Septe'ber 3.
100
10
95
1776
566
October
11
1 1
4
15
25.
41
41
16.
74
August 6.
13.
52
August
1602
...: 36
19
27
.... 1
10
Y3.
1
72
....
....
Aug. 6. 416 .. 5 6 4 -. 45 375 ..
4
12
2777
5578
1606
1734
7423
349
2.6
..
53
COMMERCIAL ADVERTISER DIRECTORY.
STATEMENT abowing the weekly shipments of live stock by the New York & Erie Road for the year ending December 31, 1859:
For week coding
Cattle.
Rogt.
Sheep.
Hormon. 1858.
1859.
.111,072,446
The average annual receipts from 1846 to and including 1858, were 55,867,994 feet. The re- ceipts of 1859, thus show an increase of 55,202,- 452 feet, as compared with this average, while an increase in 1859 of 44,013,273 feet is appa- rent as compared with the receipts of 1858.
The source of supply by lake last year was as follows- '
Ohio,
.feet 13,913,889
Indiana.
12,323 054
Mırbigan.
38.124.164
Ilinois
1,557.785
Wisconsin.
92,768
Pennsylvania
6 599.811
New York
141,(1)
Canada.
38,280,475
Total. 111,072,446
The increase from the states was of a very marked character last year. During previous seasons the amount from Canada has nearly equalled one half our entire receipts, but last year it amounts to but a fraction more than one- third. From other states than Michigan the proportion is about as formerly, but from this locality a very large increase has taken place, as compared with former years.
We shipped by canal from Buffalo last year 94,346,597 feet, aud by lake, coastwise, 171,- 176 feet, making a total of 94,517,773 feet sent forward by both routes. This leaves 16,554,673 feet, as the amount used by builders in the city and on hand at the close of the year.
The trade is represented to have been more profitable last season than in 1857 or 1858. The market, however, has ruled remarkably steady throughout the entire season, opening and clos- ing as follows-
Opening.
Cloning.
Clear, { M. feet
$25
$21
Fourths
16
16
Selected.
13
1x
Common
9
9
Culls
7
7
OILS.
The oil trade for the year 1859 bas ranged more uniform,and been marked by a gradual im- provement and less speculative movements than the preceding year. Oils generally have been more firm throughout the year, and 1860 came in with prices rapidly advancing, and a fair in- creasing demand. Through the various chan- nel's of trade, dealers and consumers generally have the last year placed more of a cash value on the manufactured, as well as on the crude or raw material, and this among the other causes
The greater portion of the stock shipped from this point, going either by the Central or N. Y. and Erie, is contracted to go through to New York City, although a considerable quantity via the former road stops off at Albany, where it is met by speculators, not only from New York, but Cambridge, Brighton, &c. That taken by the New York and Erie, with few exceptions, goes directly through.
LUMBER.
The receipts of lumber at this port have in- created beyond all precedent, during the past year, as will be seen from the following state- ment showing the receipts by lake for the past fourteen years-
.84,536.000
1847
18,313,000
.21,425.000
.33.955,768
.53 076,000 .68,016,000
72.337,225
1834
.67,407,005
1855
.72,026,651
1856.
.60,584,-12
1857
-68.2-3,519
.67.059,173
January 8. -
19
7
...
....
15
56
15
....
....
-
....
February 5.
14
1
....
-
19.
12
12
1
-
X
March
5.
12.
55
7
8
19.
10
10
-
26
17
...
7
2
..
9
34
16.
6
35
6
1
50
14
4
1
May
7
3
2
2
2 1
2
10
1
3
.4
7
3
18 ..
46
13
4 3
2.
40
9.
4
6
16.
41
7
5
3 2
August 6.
54
15
13
-
50
10
8
n.
35
3
Sept'mob'r S.
36
....
10.
59
17
55
1
1
54
10
7
8
48
7
-
15.
5
1
22.
22
16
2
85
10
Nov'mb'T 5.
6
.
19
5
21
19
....
Doc'mb'r S.
17
....
10.
66
18
....
17
20
-
24
20
1
18
13
....
Total.
1.646
457
102
1
1
8
2
1
8
6
6
6
2
1
October -
1.
46
8
4
1
4
1 1
66 33
12.
62
2
11.
15
....
4 1 8
- July
%.
12
....
1
April
2
SR
5
2
13
5
...
15
2
25
14.
1
21
1
---
1
i
13.
No. Cars. No. Cars. No. Cars. No.Cars.
·
89.291,000
....
...
6
54
. COMMERCIAL ADVERTISER DIRECTORY.
combined, has been the means of producing a more satisfactory trade throughout the country generally, and places the oil trade in all its de- tails in its true position; the mercantile position of which ranks second to no other.
The year opened in 1859 with prices greatly in advance of the preceding year, but not quite equal to the average of 1858. The leading oils remained firm, and were subject to but little fluctuation after prices were fully established. The value of manufactured oil sold in this city was about equal to 1857, and an advance in quantity over that of 1858. Prices have not governed sales so much as the quality. First class oils in all cases have taken the preference over those of low prices, and the majority of purchases have been made with a strict view to economy, and, aside from the wholesale trade, most purchases are made as wanted for immediate use, buyers preferring the risk of any change to that of large investments, Compara- tive prices are as follows:
Jan 1. 1858. Jan. 1, 1859 Jan. 1, 1860.
Sperm ofl (Nat winter). $1 35
$1 4.
Fiepbant oil, W. B. 0 90
0 87
0 80
Winter ref., whale ofl ..
0 85
0 82
0 75
F. Il rot., whale oil 0 83
0 80
0 73
Lard oil, strictly winter
0 90
0 95
0 95
Lard oil, fall.
6 85
0 90
0 90
Linseed oil
0 63
0 75
0 63
LARD AND OIL .- Throughout the year lard oil has been in good demand, with but little varia- tion in price. In amount the consumption and Bules cannot be far from 22,000 gallons. A con- siderable amount of this has been made for Eastern markets.
The average price for the year is 927gc. This article is governed by the price of lard. In red oils the demand has been more light than du- the preceding year.
Lard has changed but little in price during the year. The highest was from January to July, from which time it was more uniform.
The average yield of lard per hog is not far from 28 lbs. The decrease in amount of lard as compared with last year is about 1 3-8 a 1 1-2 per cent.
LINSEED OIL .- Large importations of oil and Feed were made in anticipation of a failure of the flax seed crop. The consequence was that heavy losses were made in oil bought on specu- lation and it sold at a loss. From all accounts the crop of the present year (1859) is excellent. The seed is plump, clean and sound.
erally is in overlooking our foreign supplies .- From the turn that oil and seed has taken, we anticipate fair prices the coming season.
The value of the importations of linseed oil into the United States for 1859 can be set down at $2,415,243 against $3.243,174 in 1858; and linseed oil in 1859, $698,172 against $164,757 in 1858.
The reports from the West show that there was crushed about 200,000 bushels of seed with. in the vicinity of Dayton, O o. This is for six mills, making about 14,000 barrels of oil in 1859. In 1858 the amount made within this vicinity was about 2600 bbls only.
Manufactured oile have been in good demand during the year for Canada, the west and south- ern markets.
The whale fishery of 1859 has been more productive in quantity than that of 1858, al- though the losses have been heavy. The re- turn has been on low prices of whale oil of an average of 4 to 5c, and an average on sperm of 15 to 16c a gallon over 1858. Heavy outfita and long voyages have been made with poor suc- cess; in very many cases entailing severe and heavy losses to owners, and it seems more diffi- cult every year to take the whale. New grounds are being sought, consuming a great waste of time, at great expense, and with that uncertainty attending the final result which is really discouraging.
The North Pacific fisheries seem to have met with more than ordinary ill success, and prices for 1860, from the present indications must rule high, with an increasing foreign and home de- mand for the leading oils.
The excess of the catch over 1858 in 17,655 barrels, and it still is 27,512 barrels less than 1857, which was 45,167 barrels more than in 1858.
. In 1858 there were 129 vessels, with a tonnage of 8,033 lese to do the business than in 1857, and yet a deficiency of 45,167 bbls.
In 1859 we have to register 54 vessels, with a tonnage of 18,066 less than 1858, with an in- crease over 1858 of 17,655 barrels of oil. This shows a gradual decrease in the number of ves- sels employed, and it would seem that even more are employed than is necessary, in view of the uncertainty of successful voyages.
In 1858 the exports of oil were 22,839 barrels -about equal to 1856.
No oil in the market is so variable, or subject In 1859 the exports of oil were 60,336 bar- rels, showing a demand of 37,550 barrels more to the change and speculative movements, as linseed oil, and the mistake of the trade gen- than 1858. This is owing to the increased de-
-
55
COMMERCIAL ADVERTISER DIRECTORY.
mand for sperm oil, both for export and home consumption, and for this oil prices will not rule less than in 1856.
As a standard oil, it has never been superced- ed, and although the market is flooded with compounds purporting to be better, yet in nine cases out of ten they rely upon this very oil for their reputation. Market oils, like gold and silver, are worth their market value the world over, and any reduction in price, or in quality from the standard, will tell in a corresponding ratio in its use and value.
The vegetable and mineral compounds which are flooding the country depend upon good sperm, whale or lard for their reputation, and it is one of the many ways of using up one of the necessary products of destructive distillation by mixing it with a good oil; and we are not con- vinced, from their chemical nature, as to their healthfulness, safety or economy, or that they will ever interfere with market oils. On the contrary, the result has been, and will be, to ad- vance the price and standing of prime standard oils whenever they are brought in competition. Practical men will not run risks on uncertain- ties.
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