Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-05-12
FARMERS WORK
WELL ADVANCED
Winter Wheat Reported Doing
Well Everywhere, Considering
Slow Growth
EXPORT RYE HAS DEMAND

c,,,0.so NAV 12.-Nortbwestern's
Uhic"sr, w, sron renort shows the warmer
esh,r WeenW has improved vegetation and
M,ronced farm work appreciably:
su1aT S,noiisr grains are all in in Illinois and
Tama and corn planting is progressing
y;ntor wheat is doing well everywhere;
mna;Jcrinp slow growth. Early SEEDED
.s ore I'm and show good color. but
M M stands in some districts. Potato
.n,a .na noa nlanting is under way in Wis
.in an" which will start on sugar beets
.oxt week. Minnesota and South DaKo-
a,%. u. .onort seeding 90 per cent completed,
"a u,;,h corn planting comIlenced and 70
WIZ trl, swing next week. The weather
oe ,oss ~ satisfactory in Nebraska, but the
u nsn III tbore. as elsewhere, is good ana
so,, u,uros are coming along nicely.
pass pst Paul announces that, between
~ IN and 90, country elevators nave
Nay ysrst r call on all box cars fit for gram
,lodinS ,Ie hS' Movement of grain gradually
;o increasing. Primary recelpts i
mbsat are nearly double last year M
Mansfield, after trip I'D cen.,a'
ii,;nois. SAYS: Farmers are cointrenS mS.
inc 70 demand that the Board Oh :, r"u'
rosrwe .os trading in wheat futures.
Rig Buying Of Rye Futures
p;r buvipe Of rye futures this week
=. tbo highest prices Of the season Is
q. aa...n;hu,od 70 big eastern short interests.
Nv. u;s;hle has decreased more than
gnnoo oO0 bushels in the last fortnlgnt
I,"yG,v ~ t. noorlv 4, ,OOO, 900 less than year
anu 10 Eynorters have bought rye homr
aso, recently. two Minneapolis miiis
ntsn neh,nI Ironorted sold ahead on rye nour
ue'1s santember at old crop prices.
w. prh, No International Harvester manage
ont ,avs reports of sharp price ad-
oos n.n. are erroneous, as this year
'suonce vsno a few weeks ago averaged only
so'omcI s6 nsr cont. covering virtually all lines
D." sptockyards p segregation is officially ae-
o,arsd r. he still In the conversation
s,ase c,aeU and no definite plan is expected
for many months. J. Ogden, Armour
soys. o "Stockyards ownership mas
narer boen a factor in determining i've
stock prices. although a factor IN snip ,,
ming service quality. Time VIII yen
whether the packers made the stock-
Yards OF greatest service TO prouuceists o.
refrigerator car ownership also Is Vi
consequence only in relation TO serNiee
efficiency. More are needed: Ohanso
in ownership might make them curry
less.
Packers Report Better basis
"producers and packers now hnd a
ho.,ar basis on which to build under
Standing and co operation than Tor
Years, The producer and the consumer
cannot be simultaneously satisfied.
level Of prices is less important to the
nacker than is volume. If packing
Competition were limited to mere BUY .
ing Of animals, prices would skyrocket
and packers go broke. Consumers de-
terminc the prices of perishables.
Livestock buying Is done almost en- /.
tirely on the basis Of yesterdays meat
selling. Demand for meat is measured
by what the consumer is willing to pay.
No law would do away with price Hue
mations Packers pay producers
eighty five cents out Of every dollar they
get for finished products. Net pronts
are very slender
The Bureau of Railway News and
unique record of almost breaking even
on revenues and expenses. There Is
little prospect that revenues will take
care Of more than half the federal com
pensation due before September /.
with increase in locomotives OF
less than two tenths of ] per cent, the
~ railways are handling an increase ol
21.6 per cent of freight over 1919 and
~ per cent more passenger trafhc
With an operating ratio exceeding 1O2
per cent, including taxes. the income
showing for the last month under fed
eral control was easily the worst in 9
twenty six months experiment thai
will take years Of energy, economy and
capital to overcome.
Statistics cannot begin to retlec
the wreck of matter, muddle Of account!
and mess of morale. Except for the pos
Sbilities under the Cummins- Esch act
adjustment restitution and recuperatioI
would be hopeless. That this condition
resulted from no abnormal loss of busi
ness or revenues is clearly demon
ytrated -