Metropolis weekly gazette. (Metropolis, Ill.) 1???-19??, 1918-11-15

conference as TO necesslIalt M fHah'
altdnai5d In 8t ptals fg.wlce slnP'-
llzation The current peace talk linf
alatnlQl lles bttlera u core pnd there
has. been price deeliue Of from 20
cents ID 40 cents 1ra1 eusbel. The fn1c9i
that the denominations Of low prieed
CORN In thy Argeniipe aad South AM.
In would. upon the advent Of peace
and lberaied shinnng., become ayaila-
be 10 dc European Ihaffss has Fre.
nicd u grept deal of apprehension pm
tie pm Of corr holders This decline
has srread fear among swine growers
that similaf reduction In the prces
of hogs aoud naturally follow. Mote.
over. the lower range Of corn prGes
would. Il Incorporated In a i3-to-l "a
ito, obviously result IN a continuously
falling price for live hogs In slew
OF these changed conditions taa"hf
swine producers anticipated lower
prices aud Jas a result rushed uieir
hogs to market In large numbers, npd
this oyershlpment has added To and
aggravated the decline.
The Information Of The Department
of Agriculture indicates that the sur
ply Of hogs has Increased about 8 PEI
cent, While the highest unofficial est
mate does not exceed Is per cent,
creased production over last year. ON
the other hind the arrival Of hogs
during the last three weeks In the
scveai grea, markets has been = per
cent. more than last year, during the
corresponding period, demonstrating
the unusually heavy marketing of the
available supply. In LIE face OF the
excessive receipts some packers have
not maintained the price agreed last
month. on the other hand, many
OF the packers have paid over The
price offered 20 them In an endeayor
TO ninlutaln the agreed price. The re-
suli In any event has been failure
10 maintain the October price basis
determined upon at the September CON
ference and undertaken 10y The pack
eFs. ANuiNfi l1flhf f'HAi 'R"''a- -
the break In prices during the month
has been the influenza epidemic; II
has sharply eurtalled consumption Of
pork products and temporarily de-
creased the labor staff of the packers
about - per cent.
The exports Of i30.0Oo,000 pounds
Of pork products for October com
nared with about 52.0O00oo pounds
In October year ago, ana me
eyport orders placeabie by the Food
Administration for November, amount
TO l7omo0o0 pounds as contrast
ed with the lesser exports OF
aSooO 900 for November, 1917. The
lncrea Scd demands Of the allies are
continuing. and are In themselves
nroof OF the necessity for the large
production for which the Food Admin
IstraiIbn asked. The. Increase In ex-
nort demands appears Ia he amply
sufficient To- t1ke up the increase IN
hog ,productlsn,. but unfavorable mar
lief co,fditlons existing in October ar
ford no fair index of the aggregate
supply aud deinand' tfs
II must be evident that the enor.
1,no,is shortage In fats In the Central
Fmplres and neutral countries wohiu
Immediately upon peace result IN ad'
dl,innal demands for pork products
which. yi top OF the heavy shipments
m the Allies. would tend materially
% increase The. American exports IN
aan,,rh A. no considerable reservoir OF
supplIes exists outside OF the initeu
states II seems probable that The
ureseni prospective supplies would be
inadeouatc To meet this world demand
with the return To peace. So far as i
ia possible TO Interpret this fact It aIr
nears that There should he eyen
stronger demand for pork prndaci'
after The war, and therefore any5alarn
~ hog producers ~ 70 the effect OF
peace Is unwarranfed by the outlook.
In the light ~ these CIRCUMSTANCES
n Is the concluslen,of the conference
that attempts 10 hold The price of'hog'
ia the price OF corn may work foui t.
the disadvantage Of pork producers
Z II is the conclusion that any interprc
tat,on OF the formula should he
z. broad ganged policy. applied over
long period. II is the opinion OF th'
conference that In substitution OF thu
previous plans of stabillzat'on lh'
Live Stock Subcommittee Of the. Afri
cultural Advisory Board, together Will
the specially invited swine representa-
q. tiyes. should accept the invitation o
IN, Food Administration to join Will
the Administration and the packers Il
determining the prices nj when con
trollcd export orders areate be placed
This will be regularly done. The IN
nuence Of these orders Will be directe'
4 to the maip..sancs. Of ihs compton oil
/ ,ect--namely, the sVhiihaici- of tn
ice Of live hogs 80 AS to secure as "a
It Is possible fair returns to IN