El Paso herald. (El Paso, Tex.) 1901-1931, 1919-08-11

eyed 10 bid on certain lots OF canned
goods here, but the supply they pur-
chased were but a drop in the bucket
in the local market and had no ef-
feet upon prices
They we're infinitesinal in COMPARE
son 10 the amount OF stuff the gov
ernment has in storage here
Inconsistent Sales
On the other hand, some firm in
Boston is advertising thar II has re-
100 carloads-trom ire goTerume nt,
and Il is offering TO ship these goods
out 70 dealers all over the country
The price at which they are being Of
tered is very little below the prevail
ing market price therefore having no
effect on prices generally
Instead OF using the freight cars
which II controls and sending tins
surplus food TO all parts Of the coun-
try and turning IL loose simultaneous
-. It Is pointed out, small lots-sn1al All
compared TO the amount held by the
government as a Whole-are being
turned loose occasionally. as Il with
the studied intent Of not affecting the
market anywhere.
= man who has been making close
study Of conditions asserts that gov
eminent reports show the army 70 be
holding millions OF pounds OF 1resn
meat in government cold storage
houses along the Atlantic coast. where
armistice for shipment over seas
This meat Will not last long and
stu be fit 70 eat Instead OF ship
ping Il to the army and using IL
While It is worth using. the meat IS
being held IN cold storage in the east,
Il is charged, and the army-at Fl
Paso. for instance. where IL is spend
ing 5000 a months fed on meat
purchased in the open market IN va
riouE parts Of the country.
say Cut Wheat Prices.
Government warehouses are packed
ful OF canned goods eTeryFThere. yet
Il these were released, every grocery
man who has made a study Of the sit
nation seems 70 think that there
would be an immediate Drop IN prices
Grocers point out that as wheat,
corn and pork are sold, so the rest
Of the provision market is gagged Il
Is said that il the government would
order wheat sold at S1.25 bushei
and would pay the farmers the differ
ence between that price and the guar
anteed price Of S2-25, and then see
that -four was sold correspOndIngly
low. this would be the first real step
towards lowering the cost Of living
Corn and pork would next take
drop. they believe. and then other
things in proportion
It is pointed out that the govern
ment Is making no effort 10 have
wheat sold at the price OF S2-25. how
ever L4- Oh the NllAA--A -
ting L to be sold at prices much above
that figure as the farmers can get
a Kansas City paper states that the
government is even buying above the
qua ranteed figure. which II takes to
Indicate that the government does
not expect a drop in price soon
Tomato Situation
The Biddle Service. a daily bulletin
issued to the grocer trade frem New
York. saws on last Wednesday re-
;.
The latest figures obtainabl5 on
tomatoes would indicate that the gov
eminent owned quantity is consider
ably in excess OF the early estimates
and while il Is reported that there is
g considerably smaller pack this year,
yet the visible supply IS 50 great and
comparatively 80 little Of this Is nc
eeptabIe to the export trade thar q
lowering in the future tomato Prise l
f. expected by many as a dircci result