The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1917-11-03
PRICE OF MILK
IS REDUCED FOR MORE
Continued from page u

fetal hope Of even lower living costs
is held out to the public. Limita-
ton on meat storage to thirty days
is tending to increase the visible
supply.
The food administration by licens-
ing packers, has forced farmers to
mature their hogs by keeping down
price for light stock.
While average American retail
prices are still forty per cent higher
than in June, 1914, official figures of
increases in Canada, Great Britain
and Germany in the same period are
sixty per cent, 10 per cent and 100
per cent respectively.
EIgln Butter Board Suspended.
ELGIN, ILL.,, Nov. 3.-The Elsin
board of trade suspended its call
board indefinitely today at the re-
quest Of the United States food ad-
ministration and urged "all members
and friends who have used the Elgln
weekly prices to accept the prices as
made by the food adm. nistration from
time to time as their weekly basis in
set of resolutions passed unanimous
" at the meeting today.
The board itself will continue to
exist and will resume its call board
at time the government thinks ad-
visable, officers stated.
The board will post the government
price each week for the information
Of the public.
Hoq Price Not Below $3.50.
CHICAGO, Nov. 3-Hog Trices so
far as we can affect them will not go
below minimum of $3.50 hundred
pounds for the average of the packers
droves on the Chicago market, until
further notice" Joseph P. Cotton,
chief of the United States food adj
ministration, meat division, declared
in a statement this afternoon.
The statement followed a conference
of packers and government officials
which has been under way here for
several days.
The average price paid for hogs at
the union stock yards today was
1880 to $17.25, with top OF S17.55
and low price Of S15.75.
Cotton outlined the attitude Of the
food administration toward hogs as:
ITO see that the producer at all
times can count on fair price for
his hogs. so that it will be profitable
for him; to see that the farmer in
ereases the number of hogs bred; to
limit the profit of the packer and the
middleman and to eliminate specula-
ton.
1--WE shall establish rigid control of
the packer declared Cotton. Fair
prices to the farmer for his hogs. we
believe. will be brought about by the
full control which the food admins
tration has over the buying of the al
lies, our army and navy, the Red
Cross, the Belgium relief work and
neutrals, which together constitute a
considerable factor in the market.
| 1.-The first step Is to stop the sudden
break in prices paid for hogs at the
central markets. These prices must
/ become staple so the farmer knows
where he stands and will feel justified
/ in increasing hog prices for next win
/ ter. The prices so far as we can af-
( feet them, Will not 90 below mini
mum Of about $3.50 hundred
pounds for the average Of the pack
! ers droves on the Chicago market, I'M
I til further notice.
| 1--WE have had and shall have, the
advice of board composed of prac-
tical hog growers and experts. That
board advises that the best yard stick
| to measure the cost of producing the
| hog IS the cost of corn. That board
further advises that the ratio OF corn
prices to hog prices, on the average
over a number of years, has been