The Lee County journal. (Leesburg, Ga.) 1904-19??, 1920-03-19


season for butter may be said to be-
GIN IN May and end In April. Storage
holdings are increased during May,
June, July and August, and hence
these months are known as storing
months" Storage holdings are de-
creased during the months from Sep
tember TO April, inclusive. These
months are known as distributing
months" September Is sometimes a
storing month If the season is late.
The largest amount held in storage Oh
the first OF any month during a season
is known as the peak load" for the
season. About three-fourths OF the
peak load is stored during June and
July; most Of the distribution Is with
in the months OF october TO March,
inclusive. About One-fourth Of the
peak load is usually withdrawn during
December.
On May !, 1917, at the beginning of
the 1917-1S season, there were a little
ovcc 100000 pounds OF butter in stor-
age. During the months of May TO Oc-
t0ber storage holdings showed net
increase Of a little over l03,5OO,OOO
pounds. The average wholesale price
for these months was 39.5 cents. Dur
ing June aud July the net amount
stored was almost 77,500,000 pounds.
The average wholesale price for these
two months was $40 cents.
Withdrawal Boosted Prices.
From October to May /, 1918, there
was a net withdrawal from storage Of
9G,000000 pounds. The average whole
sale price during these months was
1915 cents. In December there was a
net decrease in storage holdings of
30,000000 pounds The average whole
sale price in December was 49.1 cents.
During the storing months of this sea-
son, exports of butter tOtaled little
over 100000 pounds and imports
about 10000 pounds. During the dis
tributing months exports totaled over
14,500,000 pounds and imports almost
100000.
BY proclamation Of July 8, 1917, the
export of butter was prohibited except
by virtue of special license. Butter
was included in the presidential
license proclamations of october 8,
1917, and January 10, 1918. 1t was in
the list of restricted imports April
%, 1918. During the period from May
1917, TO April, 1915 the average. differ
entail between wholesale and retail
prices was 5 cents.
On May /, 1918, at the beginning Of
the 191S-19 season, there were little
over 100000 pounds in storage. Dur
ing the months from May until Sep
tember storage holdings showed a net
increase of slightly over 9l,000,0O0
pounds. The total production from
May until September was 372, 100000
pounds. The average wholesale price
for these months was 42.9 cents. Dur
ing June and July the net increase in
storage holdings was 100000
pounds. The total production for these
two months was approximately 202,-
100000 pounds The average whole
sale price for these two months was
42.6 cents. The movement into stor-
age of such large proportion of the
amount produced prevented a glutted
market and consequent decline in
price. From September until May,
1919, there was net withdrawal from
storage of 100000 pounds. The
average wholesale price for these
months was 5S.7 cents. During Decem-
Der there was net withdrawal of a
little more than 20,500000 pounds.
The average wholesale price in De-
cember was 67 cents.
Fluctuations During Winter.
In December the wholesale price adj
vanced another 6 cents and the retail
price cents, although production was
practically the same as in November,
and there was net decrease Of 90
100000 pounds in the amount in stor-
age. During December. however 3,000,-
600 pounds We're exported.
The wholesale price for January,
1919, was g. cents; for February, 40
cents, and for March, 60 cents. The
amount produced in February was
almost 100000 pounds less than in
January. During February, however,
there Was net decrease in cold stor-
age holdings of 12,500,000 pounds,
which was greater by 100000 than
the net decrease during January. The
wholesale price in April was 81 cents.
During this month storage holdings
showed net decrease of 100000
pounds, but over 100000 pounds
were exported. During the season
19S-19 the average dlfferential be-
tween the wholesale and retail price
was cents, approximately the same
as for the 19lT-1S season.
The 1920 season will not be COM
pleted until May /. On May /, 1919,
at the beginning of the season. there
were approximately 100000 pounds
in storage. During May, June and
July, 1919, production increased. From
May until August there was a great
decrease in the amount exported.
Disregard Korean PreIudices.
One Of the great obstacles to road