The Prescott daily news. (Prescott, Ark.) 1907-1941, 1918-11-26

Live Stock subcommittee of the Agri-
cultural Advisory Board, together with
the specially invited swine representa-
tives. should accept the invitation OF
the Food Administration to join with
the Administration and the packers In
determining the prices at which con-
trolled export orders are to be placed.
This will he regularly done. The 10
fuence of these orders will be directss
to the maintenance OF the common OBJ
ject-namely, the sterilization OF the
price OF live hogs so as to secure as far
as 1t is possible fair returns to the
ssr and the insurance of an ade-
xxx future supply.
THESE foreign orders are placed
upon the basis of cost of hogs to the
packers.
AS the result of long negotiations
between this body and the Packers
Committee, representing the 40 to 90
packers participating in foreign or
ders, together with the Allied buyers,
all under the Craftsmanship of the
Food Administration, the following un-
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 sork 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 mlnimums
for the month of November, that is a
daily minimum Of $3.50 per hundred
pounds on average of packers droves,
excluding throw-outs. "rhrow-outs"
to be defined as pigs under 1870
pounds, stays, boars, thin sows and
sklps. 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 he construed as the average
of the total sales in the market of all
hogs for given day. All the above
to be based on Chicago
We agree that q 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 normal marketing of
hogs based upon the proportlonate in
crease over the receipts of last year.
The Increase In production appears to
be 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 Il is en-
tirely beyond the ability of the pack
ers 10 maintain these minimums, and
therefore we must have the co-opera-
ton of the producer himself to main
tain these results. 1t is q physical
impossibillty for the capacity of the
packing houses TO handle similar
Over-flood of hogs and to find a market
for the output. The packers are anx-
ious TO cooperate with the producers
in maintaining sterilization OF price
and TO see that producers receive a
fair price for their products.
(Signed) THOS. f. WILSON.
Chairman Packers Committee.
The plan embodied above was adopt.
ed by the conference.
The Food Administrator has appoint
ed committee, comprising Mr.. Thorn
as Il. Wilson, chairman of the Pack
ers' Committee; Mr.. Everett Brown,
president of the Chicago Livestock Elk.
change; Major Roy OF the Food Adj
ministratlon, Mr. Louis d. 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 10
sell hogs below the minimum estab-
lished above is not fair, either to the
producer or the participating packers.
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
this new plan, based as it is upon
positive minimum basis, will bring bet
ter results TO the producer than aver
age prices for the month. 1t does not
limit toy prices and should narrow
the margins Necessary TO country buy
ers I'm more variable markets. II is