The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1914-08-24
June is, 1911. viii substantiate this

statement.
Armour & Co., does not and never
has objected to a federal cold stor-
age law, but on the contrary wei
comes the same and gave its best tai
emit to Senator Heyburn's COMMITTEES
to work out practical law. as the
records Of that committee will show.
Investigation will prove that meat
prices have been less affected than
prices Of many other foods by the
European war excitement. The won
der is they have not been more at
fected with this scare" added to an
accumulated live stock shortage In re-
cent weeks.
Receipts of cattle at the six large
markets, Chicago, Kansas City, St.
Joe, South Omaha, ST. Louis and FIT.
Worth-for the six weeks ending
August IL. 1914. were only $4,000, a
decline of % per cent from the cor
responding period Of 1913.
In spite of this shortage, in spite OF
the stoppage of 81 beef importation
from Argentine because ships could
not be had after war was declared.
and In spite of fluctuations on &C
count Of the high price scare the
average wholesale selling price OF
beef, during the six weeks preceding
August Is, advanced, in no large city
in the United States, as much as
three-quarters Of a cent pound. In
Chicago the advance was seventy
four-hundredths of cent; in Pitts.
burgh, forty-six one-hundredths; in
Baltimore sixty-one-hundredths; in
New York, seventy-one one-hun-
dredths. The average advance
throughout the United States on all
beef actually sold through Armour &
Co.'S three hundred and fifty branch
houses was f1fty-six one-hundredths
of cent pound.
The hog shortage has been even
more acute. During the six weeks
prior to August Is, Armour & Co.
killed at all Of its nine plants, an
average of $4,000 hogs week or less
than one-half Of the average weekly
kill for 1913. For the week ending
August S-the week Of sharpest fluc-
tuations in some lines Of pork prod
ucts-Armour & Co. killed only IT,
900 hogs at nine plants. or only Is
per cent of a fair average. During
these six weeks the cost of hogs ad-
vanced from $S.3S per hundred to
1913 per hundred.
Much has been made OF pork loin
prices. At times during these recent
weeks, pork loins could not be had In
many places at any price. There
were not enough to go around. The
weekly average selling price of pork
Ioins sold at Armour & Co.'s whole
sale market at the Union Stock
Yards, Chicago. during the last four
weeks were: Week ending July %
s16.65 per hundred pounds; August /
$1,000; August 8, $18.41; August 15
1873.
1.-THE packers" have been accused
of piling up vast quantities Of fresh
meats in cold storage and holding fol
high prices during this period Of
agitation. Armour & Co.'S stock Of
/ fresh meat products Of all kinds on
/ hand August Is was nearly 80 pei
cent less than it was six weeks be
| fore. Stocks in hand are now about
/ the same as last year at this time, al
though considerably less than in 9th
er years at this time.
Armour & Co.'s stock Of sweet
picked and dry salt meats today Is
! IT, 100000 pounds less than 1t was or
June 6, and only three-fourths what
| it was a year ago now. Does tina,
look like holding meats out of the
market for higher prices?
These are but few concrete facts
from the books and records Of Ar
mour G. Co. They speak for them
selves. They can and will be added
! to, amplified and substantiated be-
yond the shadow of doubt to any
honest seeker after the truth.