The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1918-11-14

ne "biFe uthrheuHH rfuhtfob hHn
30 changed since the September joint
conference MS 20 neccssitate an entire
alteration in the plans OF price stnbi
IinAtion The current peace tnik has
alarmed the holders Of corn, and there
has been y price decline OF from -
cents TO 40 cents per busheI. The fact
that the Accommodations OF low priced
corn In the Argentine and South Afri
ca would. upon the advent OF peace
and liberated shipping, become avail
able to the European market has ere
nted a great deal of apprehension on
the part OF corn holders This decline
has spread fear among swine growers
that a similar reduction In the prices
of hogs would naturally follow. More
over, the lower range Of corn prices
would, II Incorporated IN l3'io-l ra'
ito, obviously result In a continuously
falling price for live hogs In view
Of these changed conditions many
swine producers anticipated lower
prices and IS result rushed their
hogs 10 market In large numbers, and
this oyershipment has added TO aud
aggravated tie decline
The information Of the Department
OF Agriculturn Indicates that the sup
ply OF hogs his increased about 8 per
cent, while the highest unofficial est.
mate does not exceed r. 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 p 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 paid over the
price offered to them In an endeavor
/ 10 maintain the agreed price The re-
suit In any event has been a failure
/ 10 maintain the October price hasls
+ determined upon at the September con-
! ference and undertaken by the pack
ers Another factor contributing to
I the break In prices during the month
7 has been the Influenza epidemic; II
7 has sharply curtailed consumption OF
pork products and temporarily de-
creased the labor stan OF the packers
about - per cent.
The exports OF l30,O00.oO0 pounds
OF pork products for October com.
pared with about 100000 pounds
IN October year ago, and the
export orders placcable by the Food
Administration for November, amount
TO l70.c0O.oo0 pounds as contrast
cd with the lesser exports Of
9s, 100000 for November. 1917. The
increased demands Of the allies are
continuing. aud nre In themselves
proof ~ the necessity for the large
production for which the Food Admin
istration asked The increase In ex-
port demands appears to be amply
sufficient 10 take up the Increase In
hoe production, but unfavorahle mar.
ket conditions existing IN October NJ
ford no fair index OF the aggregate
supply and demand
II must be evident TINT the enor
nous shortage ~ f0ls in the Central
Empires and neulrai countries would
Immediately upon peace result tn nd-
ditlonal demands FOR pork products
which. on top ~ the heavy shipments
10 the Allies. would tend materially
10 Increase tile American exports, In.
asmnch as no considerable reservoir 81 4
supplies exists outside az the United
States II seems proaable thar The
present prospective supplies would be 4
Inadequate % meet tliis world demand
with the return ta peace 80 far as II I.
Is possible 10 interpret this fact i an
pears ,hat there should he even q Il
stronger demand re pork products t
after the war, and therefore ans alarm
Of hoe producer. II, 70 Tho eject o. ,
peace Is unwarrnr ~ The outlook.
In the Eight ~ He>e circumstances
II Is tho cduclBen, ~ the conference
that attempts a t.# the price IL hos
10 the price of may wors oat %
the disadvantage pork producers
II Is ,hc concu at any lnlc,pfe
ation ~ the fa aa should he :
broad g4aeed r. applied aser (
long period Il He opinion q ne
thal hstiWtiou &c Jhr +,
pres ious plans e'abHizaiien he
Live STOCK Suto ;tee az the Acri +
cultural Adysars ri, together Nlth E
the rccally u, wine representa-, Z
lives should aer the limitation Of Z
the food Admit on to ion wth /
the Aanln.s,fat.a "a the rs kegs 20 /
determining ihF = at Which 600. {
troilel EXPORT Fl are ID ~ placed /
This aui bo reea " done The 10. :
nuenee ~ these IS will be directed s
to the nalHfenaheo the common %.
ject uamely ttc hillzai'"n Il Pc
price Of live bts. 10 srcarl ax iag
as II ID possible ~ returns 10 Ae |