Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1923-07-05

Before draft is made, individual
tickets are calculated. Then the
grades are summarized and figured.
If the two totals tally within few
cents. calculations are known to be
correct. Then daft is cashed and
farmers tickets are paid.
Drafts must be good; the local
bank must be. made certain Of this.
In the event sale is made by wire,
the buyers bank wires the Local
bank designated guaranteeing pay
ment.
This method of selling hogs f. o. b.
slipping point is rather primitive. 1t
is too expensive. We should at least
try shipping to market just as they
do in the corn belt. If prices in the
south are not in line, then we can
give the hogs a good ride and note
results. 1t may be our hogs are not
properly finished for market.
The f. o. b. sales tend to develop
competition at country points. We
complain about the lack of competi-
ton in our southern markets. To
the extent that we sell hogs in coun-
try points sales, we keep down COM
petition in our markets. BY shipping
10 these markets for sale, we will at
tract out side buyers. The announce
ketment that a good offering of hogs
and cattle will appear on any date in
q southern live stock market brings
bay rs from Richmond, Baltimore,
Cincinnati and other points. Compe.
tition in these market centers affects
competition throughout the terri
+ov1- NV I'M dam
Standards and Grades for Southern
Hogs
Our southern live stock markets
do not at the present time follow
strictly the L. S. classifications for
hogs as they are observed in the
principal live stock markets. This
variation is probably due in
measure to the fact that we are
younger in the live stock business,
and as yet the type of our hogs
is such that a relatively small num-
her show market finish at an early
age. 1t is very important that, in 50
far as possible, grading be uniform
in the state so as to he in line with
our southern markets. We give be-
low weight and some other grade
pcClllCdliOIIS otS INV oPPAS AifS III
handling hogs f. o. b. southern mar
kets:
No. ]. 165 to ESQ pounds, smooth.
No. 2. 100 to 165 pounds, smooth.
No. 3. 100 to 1870 pounds, smooth.
No. a. Pigs, 100 pounds down.
Rough sows, including piggy gifts
and sows; stays.
Heavies, 80 pounds up, smooth.
Until recently we have had so few
heavy hogs, it has not been neces
sary to make Il separate classified
ton for these animals. At the pres.
ent time, there is such q difference
in the demand for heavies and the
lighter grades as to make it neces-
sary for us to recognize this grade.
Differentials in grade prices vary
from time to time. At the present
time, the following are the most
universally recognized differentials in
our southern markets:
No. /, basis.
No. 2. SOC off No. 1.
No. 3, $3.50 off No. 1.
No. 4, 81 off No /.
Heavies, soc to 81 off No. 1.
Since mary of our hogs are sold
f. o. b. shipping point, there is con-
siderable shrinkage between loading
and delivery to market. Therefore,
it has been deemed advisable to
make some allowance for this shrink
age. In most of the f. o. b. sales
held in the state, the weight speci-
fication for number , grade has been
135 to 165 pounds and for grade
number 8, 105 to 135 pounds. There
is a shrinkage in transit Of at least
2 IL per cent. This shrinkage some
times runs as high as 5 per cent
Therefore, it is hardly fair to ask
the buyer to bear all this shrinkage>
To put a premium on quality, we
have given the farmer full credit
for the number l weight.