Iron County news. [volume] (Hurley, Wis.) 1913-1950, 1918-11-16

QudCe future supply,
These foreign orders are placed
upon the basis If cost of hogs to the
packers.
AS the result of long negotiations
between this body and the Packers
Committee, representing the 45 to 80
packers participating in foreign or
ders, together with the Allied buyers,
all under the Craftsmanship of the
Food Administration, the following I'M
dertaking has been given by the pack
ers:
In view of the undertakings on the
part of the Food Administration with
regard to the co-ordinated purchases
of pork products. covered in the at
tached, it is agreed that the packers
participating In these orders will I'M
dertake not to purchase hogs for less
than the following agreed minimums
for the month of November that is a
daily minimum of $3.50 per hundred
pounds on average of packers droves,
excluding throw-outs. "Throw-outs"
to be defined as pigs under 100
pounds, stays, boars, thin sOws and
skips. Further that no hogs of any
kind shall be bought, except throw
outs, at less than $3.50 per hundred
pounds. The average of packers
droves to be construed as the average
of the total sales in the market of all
hogs for a given day. All the above
| to be based on Chicago.
We agree that a committee shall be
appointed by the Food Administration
to check the daily operations in the
various markets with view to super
vision and demonstration of the carry
Ing out of the above.
The ability of the packers to carry
out this arrangement will depend on
there being a normal marketing OF
hogs based upon the proportionate in
crease over the receipts of last year
The increase in production appears to
be a maximum of about 10 per cent
and we can handle such an increase.
If the producers of hogs should, as
they have In the past few weeks, pre-
maturely market hogs in such increas-
ing numbers over the above 1t Is en-
tireiy beyond the ability of the pack
ers to maintain these minimums, and
therefore we must have the co-opera-
ton of the producer himself to main
tain these results 1t is a physical
lmpossibility for the capacity of the
packing houses to handle a similar
over-flood of hogs and to find a market
for the output The packers are anx-
lous to cooperate with the producers
in maintaining Il sterilization of price
and to see that producers receive a
fair price for their products.
(Sgned) THOS. L. WILSON,
Chairman Packers Committee.
The plan embodied above was adopt
ed by the conference.
J The Food Administrator has appoint
ed a committee, comprising Mr., Thorn
as f. Wilson, chairman of the Pack
ers' Committee; Mr.. Everett Brown,
president of the Chicago Livestock Ex-
change; Major Roy of the Food Ad-
mlnistration. Mr. Louis u. Hall of the
Bureau of Markets, to undertake the
supervision of the execution of the
plan In the various markets. Commits
, sion men are asked TO cooperate in
carrying out the plan embodied In the
packers agreement. 1t must be evil
dent that offers by commission men TO
, sell hogs below the minimum estab-
lished above is not fair, either to the
: producer or the participating packers.
9 Mr.. Brown has undertaken on behalf
of the commission men in the United
States that they will loyalty support
. the plan.
! 1t is believed by the conference that
2 this new plan, based as it is upon a
e positive minimum basis, will bring bet
! ter results to the producer than aver
I age prices for the month 1t does not
j. limit top prices and should narrow
a the margins necessary to country buy
= ers In more variable markets. Ii Is
0 believed that the plan should work out
I close to SIS average.
S"ine producers Of the country will
S contribute 70 their own interest hy
e not flooding the market, for it must be
S evident that If an excessive over DER
0 centage OF hcEs Is marketed In any
!, one month price StabiHzatiou and con
+ troll cannot succeed, and 1t Is certain
a that producers themselves can contri-
4 butte materially 10 the efforts OF the
e conferences II they will do their mark.
e citing in as normal way as possible.
The whole situation as existing NJ
: present demands n frank and explicit
assurance from the couferees repre-
: sented-namely, that every possible
effort will be made to maintain a live
hog price commensurate With swine
production costs and reasonable sell
+ ing values In execution OF the declar-
ed policy Of the Food Administration
. to use every agency In its control to
secure justice TO the farmer.
r The Sterilization methods adopted
To- November represent the best er
forts Of the conference. concurred in
by the Food Administration and the