The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-12-03

Chicago, Dec. ".--(By the Associated
Prcss)-Hogs OH tho hoUf have re-
turned to what Is practically th"ir l'i1
prc-war price. Iud srug rom tiEnrcS oh,
iaiurd today from nu:r. the big Fiv:
packers. Pork and pork PRODUCES, al
wholesale. are on their way toward iH;.t
same level the monthly report or ~"
Institute Of American Meat farkeTS
prevailing in April 1917, when tn"
United States entered the war.
Beef also is on the downward pain
tho Wholesale price of carcass peel nav
inp dropped II percent since Scpteuhoel
/, according TO the Institutes ilgures.
The biggest drop recorded, however
is in live hogs. The packing house hE-
urcs show pork on the hoof brought
eight cents a pound in November. 4'io'
During the war the farmer was W.T..
Of II !: cents. In July. 1913: the price
reached % cents a pound. Today hogs
are back around 10i4 cents.
Retail Prices Up.
Retail prices however, have not Kept
Dacr with the falling wholesale market
the pucking house official said' put ne
SaTIinrd TO be quoted directly on the
ground that retailers might boycott his
company. -, ,,
ono whose store is classed as L high
price establishment. and the other as
a cut rate market. shows n wide diver
gencc in prices, partly due, however,
both said. to a difference In the graoe
0' '"'"' some Of tho Figures.
Figures furnished by the packers ana
the two stores show the following rangs
between the packing house wholesaie
prices ard the retailers scheou4e'
PORK LOlNS 1913 1919 1oua'
Packers price ......l5c +Oc &c
First retailer ...... VOc o32C
Cut rate store 81 70
FANCY SMOKED HAMS:
Packers price .... tic 4oc SSc
First retailer 49,. QUO SoS SoS
Cut price store -'H
STANDARD LEAF LARD:
Packers price go. 12hc o0c &c
First retailer ...... &c 5tC
Cut price store o.' ~
The bulletin OF the Meat Packers In
stitute for the month of november says
that during that period the wholesale
nrico Of pork lolnS declined Fl per cant.
naking a total drop of IS per cent since
October /. Other declines on November
~. as compared with October ], ot th!s
, year show: Smoked hams IS per cent
fancy breakfast bacon 10 per fnsh TemS'
skinned shoulders 80 per cent; and lard
10 pcr cent
Explaining why the wholesale pTice
stock quotations. an official OF one OF
the packing houses said:
"Thrre are Two features OF the con- :
naratiy. prlc" situation that should DC
borne in mind. one is the price Of Dy-
products; the other the cost OF iap9r.
The nyerag.. consumer naturally thinks
Of meat animals only as they aftrci bis ms
, tabk He sees that the price OF hogs
has dropped and he thinks, Of course,
that meat should follow at once. ,
only about &c per cent OF the I'VE
hog is meat The other "A per cent CON
sists Of waste and by-products. which
, lust now have a little value. Also in tne
carcass there arc parts that must DC
| sold for low prices. The entir" carcaS IS
/ does not bring pork loin or fancy snok-
! cd ham prices. for example.
Labor is now receiving much greater
! rewards than it did in 1913 The total
! increase in plant wages has been more
I than 10 pc cent ,
Thus, though there have been sub
stantial decreases in wholesale pork
nricos - these price drops cannot quite
equal the fall IN liv" animal prices be-
cause Of the conditions outlined.