The Vashon Island record. [volume] (Vashon, Wash.) 1916-1919, 1918-12-19

foreign porL purchases.
The conclusions OF the conference
The entire marketing situation has
30 changed since the September Joint
conference as to necessitate an entire
alteration In the plans Of price stabi-
iizatlon. The current peace talk has
alarmed the holders Of corn, aud there
bus been u price decline OF from 20
cents to 40 cents per bushel. The fact
that the accumulati0ns VI low priced
corn In the Argentine and South Afri-
ca would. upon the advent OF peace
and liberated shipping. become avalla-
BILE to the European mnrket hns ere
ated a great deal Of apprehension oil
the part of corn holders. This decline
has spread fear among swine growers
that similar reduction Iii the prices
of hogs would naturally follow. More
over. the lower range OF corn prices
would. II Incorporated In II l3-to-1 ra'
Ito, obviously result In continuously
falling price for live hogs. In vie"
OF these changed conditions many
swine producers anticipated lower
prices and as result rushed their
hogs to market In large numbers. ami
this overslilpment has added to and
aggravated the decline.
The information of the Department
of Agriculture indicntes that the sup
ply OF hogs has increased about 8 per
cent, while the highest unofficial csti-
mate does not exceed 10 per cent, IN
creased production over last year. On
the other hand, the arrival of hogs
during the last three weeks In the
seven great markets has been q per
cent. more than last year, during the
corresponding period, demonstrating
the unusually heavy marketing OF the
available supply. In the face OF the
excessive receipts some packers have
not maintained the price agreed last
MONTH On the other hand, many
OF the packers have puld over the
price offered to them In an endeavor
to maintain the agreed price. The re-
sal, T., .nv ovo,t hos ba.p a foilure
o..a.. .,ao ,..,s
" ''o'' '''
oeter'h'heu upon NJ '''' 'ep'e"'''
terence and undertaken by the pack
ers. Another factor contributing to
the break In prices uurihs 'ue inon'h
has been the influenza epihehiic' IL
has sharply curtailed consumption OF
pork products ana temporarily ue-
creased the labor stnff OF the packers
about % per cent.
The exports Of 13OO00,O00 pounds
NJ nork products for October com
pored with ahout 52.OOO.OOO pounds
In october a year ago. and the
.,,ort orders nlaceable by the Food
administration for November, amount
.o 1-oono ono mounds MS contrast
~, lii, Tho ,o.sor exports of
90 ooo ooo Tor November 1917. The
,s,noos.J dor,ands NJ the allies are
aau,,nu,rr aud are In themselves
800, =, ,ho rocessItv for the large
s,,..,o,, .or which tho Food Admin
,",-as,an asLaa rho ,ncre.se in ex-
mort demands appears to be amply
sufficient to takc up the increase In
h,y nroduct, IA. but unfavorable mar
no. copai,,ons existing In October af-
ford M fair index OF the aggregate
.uon,v and demand
!, ,,a.. ,,,t IN. amor.
II mus. w sa.s t. ,ha centrat
NOUS sno,." 80, .anrtr,os would
hinp'.es anu neu'.a ras,,,. IN Cd.
im'iieui"'.is upyn ~ na,.,. nroarcts
o,iion" ue 49,. s,,nnont.
WHICH, vi ,op =. Wy. 80 matarioIiy
\" .he ans, "o o.,,an ox,ort. In.
10 increase '"e ..'.',n,h,o rosnrvoir NJ
hsn'u.n "s nv '..,sa =, ~ u,,,.d
suHiie' ,s'e.s ,,ho,,o tho, thc
s'a.es. $50 n,,r,,,,as ,you,s ~,
pfeseh' pio.p ~ ,roy,a aa,,ard
inhueuu".e ~ - ~ uaano Co for ne 4,
WIN ,',s 'e.u'n :. t,,s ton, !, nm.
Is posa,o'e W 1911 ha a,.ar !,
pttfS iiiht thNiN s7.'ff'''