Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1940-07-25

more important in dollars and cents.
For the balance of 1910, the outlook
for dairymen is moderately hope
full. Milk production registered a
new alltme high in June, but even
so prices are running above the 1889
figures. War is helping our prices
for these commodities because i'm
pOrtant dairy countries of Denmark,
Holland, and Belgium arc cut off
from world trade. Biggest price fac
tor, however, is greater consumer de-
mand due to better business, more
jobs, and higher payrolls right here
in the good old U. S. A. This will be
the strongest support for better farm
produce prices of all kinds this fall.
Foods and Meats up.
"Eggmen" have not had an easy
time of it in recent months. Prices
have been running bit better than
in 1899, but feed costs have also
been higher. The outlook is for small
er egg production this year than last.
Food costs will be lower than in the
first half, consumer buying power
will be igher-hence, moderately
better profits for egg "ranchers"
Poultry prospects are mite roster
too, with a smaller hatch and with
ratter pay envelopes on Saturday
Moons. The cotton outlook is not raV
orable. The crop will be small, but
the carry-ovcr is terrific and our cX-
ports arc practically shut off.
Cattle, sheep, and hogmen re-
Gently have not Jared so well as other
types Of farmers. Heavy slaughter
ings of hogs, loss of foreign markets
for hog products, bigger shipments
Of lambs, have all been keeping prices
Of meat animals lower than veal
ago. Conditions should reverse them
selves before snow flies, however, as
consumer demand increases and sup
plies particularly Of hogs - tape
off. Vegetable prices have been rum
ming higher than a year ago, bu
they are now working lower as tho
new crops come TO market. Supply o.
fruit will be smaller and prices il
this particular group should con.
inue to strengthen.
Government Checks Equal Is Pcrccn
Farm income this fall will con-
tinue to be heavily bulWarkcd will
government benefit payments. The
percentage Of total farm income from
government payments has jumpec
from 5 percent in 1888 to nearly /;
percent so far this year. Altogether
Secretary Wallace has spent more
than $3,000,000,000 SINCE 1882 to pu
farm prices back to where they ough
to be. Prices arc higher, but are still
far below the parity figure. Mean
while, prices paid for things the farm
er must buy have gone up almost a!
much as farm prices AS a nation, We
have nightly little TO show for In
mammoth sums spent for farm relief
Whether the war will help tho
GARNER or not remains to be seen. TC
date, its chief claim TO such credit i!
the fact that prices are higher thar
a year ago. At the same time, the
war has literally choked off our eX.
port markets for farm products OF
tire Continent. The same has happen.
ed to our Continental markets for in
dustrial goods, but our trade will
South America is absorbing the in
duStrial loss. South America, how
ever wants to eXport-nOt import
farm produce. England will buy NOR
and moro fOOdStuifS from us as tn
war continues. Otherwise, domeSti
buying power will continue to be tn
dictator on the majority of farm pro
ducts prices.
Mid-Year Outlook Next Week
Next week, I am going to Civ
readers my detailed forecasts TO