Newspapers / Brevard News (Brevard, N.C.) / Feb. 14, 1919, edition 1 / Page 6
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FRIDAY FEBRUARY, 14th 1919 THE Have You a Home? If you do not have a Home, come and let us sell you one. If you do own a Home, come and have us INSURE it. Two of the most sensible things that you can do: secure a home and protect it. GALLOWAY <& MINNIS Real Estate and*Insurance Agents iiig is Believing Come to our grocery store and let us show you our grand stock of GROCERIES A PENNY SAVED K A PENNY HADE- We are out of the high-rent-district, and in these war-ridden times it behooves ail of us to save every penny. We want your business and will appreciate it when we get it. Come in and let us get ac quainted. R. P. Kilpatrick GROCERIES, NOTIONS AND SHOES Phone J4J Near Depot. Brevard, N. C. Brevard Luniber THE WAR IS OVER. NOW IS THE TIME TO DO THAT BUILDING YOU HAD PLANNED. WE CARRY A FULL LINE OF BUILDING MATERIAL AT AS LOW PRICE AS IT CAN BE SOLD. PRICES ARE LIKELY TO STAY UP FOR SOME TIME, SO YOU NEED NOT WAIT ANY LONGER TO DO YOUR BUILDING. Brevard Lumber Company FRANK JENKINS, Manager Phone 120 Close to Depot BREVARD, NORTH CAROUNA Departments—College Preparatory, Normal, Music, Business, Do mestlc Art, Household Economics, Agricultnre. An dafMkrtments tfe directed by teachers with special training and larn e^qperience. They know their business. ■■■MSOM of the Instttnte are alone worth the cost of tuition. Ofimm on SipliMfcer 5. gkBaasiaiBBS! STEADIER HOG MARKETS PLANNED Hog Producers and Packers Confer Wit*i Repre sentatives of the Food Administration and Agricultural Department and Adopt New Plan of Regulation. In accordance with the policy of the Food Administration since Its founda tion to consult representative men In the agricultural industry on occasions of importance to special branches of the industry, on October 24 there was convened in Washington a meeting of tlie Live Stock Subcommittee of the Agricultural Advisory Board and the special members representing the swine industry to consider the situation In the hog market. The conference lasted for throe days, and during this time met with the executive committee of the fifty packing firms participating in foreign orders for pork products and with the members of the Food Administration directing foreign pork purchases. The conclusions of the confercnce wore as follows: The entire marketing situation has ^)Poducer and the insurance of an ade- so changed, since tlio Sopieniber joint conforonce as to necossitate an entire alteration in the pl;>ns of price stiil)i- lization. The current peace talk has alarmed the holders of corn, and there has been a price decline of from 21 cents to 40 cents per bushel. The fact that the accumulations of low priced corn in the Argentine and South Afri ca would, upon the advent of peace and liberated shipping, become avail able to the Eur6pean market has cre ated a great deal of api)rohension on tlie part of corn holders. This declino lias spread fear aiimii.u sv.iiie growers that a similar reduction in llie i^rices of hogs would naturally follow. More over, the lower range of corn prices vvould. If incorpornted in a i:Mo-1 ra tio, obviously result in a continuously falling price for live hogs. In view of these changed conditions nmny swine producers anticiiialed lower prices and as a result rushed tiieir hogs to market in large numbers, and this overshipmGnt has julded to anti aggravated the decline. The information of the Departnienl of Agriculture indicates that the sup ply of hogs has increased al>out 8 [ter cent., wliilo the higliest imoHiri:i! esti mate does not exce«>d 1"> i>er eeiii. in creased production over last year. On the other bund, the arrival of hogs during the last tJireo weeks In the seven greot markets has been 27 per cent, more than last yenr, during the corresponding period, deinonsl rating the unusually heavy nnirkeiing of the available supply. Id the face of the excessive receipts some p;ukt>rs have not maintained the price iigroed last month. On the other hand, nuiiiy of the packers have paid over t!u' price offered to them in an eii«le;ivor to maintain the agreed price. Tlie re sult in any event has been a failure to maintain the October price basis determined upon at the September con ference and undertaken by the jtack- ers. Another factor contributing to the break in prices during the month has been the influenza epidemic; it has sharply curtailed consumption of pork products and temporarily de creased the labor staff of the packers about 25 per cent. The exports of 130.000.0(X) pounds of pork products for October com pared with about 52,000.000 pounds in October a year ago. and the export orders placeable by the Food Administration for November, amount to 170,000,000 pounds as contrast ed with the lesser exports of 98,000,000 for November, 1917. The increased demands of the allies are continuing, and are In themselves proof of the necessity for the large production for which the Food Admin istration a&ked. The increase in ex port demands appears to be amply sufficient to take up the Increase in hog production, but unfavorable mar ket conditions existing In October af ford no fair Index of tlie aggregate supply and demand. It must be evident that the enor mous shortage fa<^v in the Central Empires and neutral countries wviuld immediately upon peace result in ad ditional demands for pork products which, on top of the heavy shipments to the Allies, would tend materially to increase the American exports. In asmuch as no considerable reservoir of supplies exists outside of the United States. It seems probable that the present prospective supplies would be inadequate to meet this world demand with the return to peace. So far as It is possible to interpret this fact. It ap pears that there should be even a stronger demand for pork products after the war, and therefore any alarm of hog producers as to the effect of peace is unwarranted by the outlook. In the light of these circumstances it is the conclusion of the conference that attempts to hold the price of hogs to the price of com may work out to the disadvantage of pork producers. It Is the conclusion that any Interpre tation of the formula should be a broad gauged policy applied over a long period. It is the opinion of the conference that in substitution of the previous plans of stabili2ation the Live Stock Subcommittee of the Agri- caltural Advisory Board, togethe? with the upeciallj invited swine repft>.,enta- tivei. should^ accept the invitation of the Food Administration to join with the Administration and the packers in determining the prices at which con trolled export orders are to be placed. Thii will be regularly done. The in- *iMce of these orders will be directed *lke maintenance of the common ob- -HMCiely, the ■tabilizatioc of the .of live hogs so a« to secure as far It poiiibto teir returns to Uie quate future supply, These foreign orders are placed upon the basis of cost of bogs to the packers. As the result of long negotiations benveen this body and the Packers’ Committee, representing the 4") to 54 packers participating in foreign or ders. together with the Allied buyers, al! under the Chairmanship of the Food Administration, the following un dertaking has been given by the iiack- ers: In . view of the undertakings on the part of the Food Administration with legard to the co-ordinated iiurchases of pork products, covered in the at tached, it Is agreed that the pa<-kers participating in theso orders will un. (U'l take not to purchase hogs for h's^ ll\;in tlie following agreed nrmimniiis foi’ the month of Xoveinl)er. that is a daily minimum of $17.r»0 per htmdred pounds on average of pac!<ers’ droves, exiiuding throw-outs. “Throw-outs” to be defined as pigs under , poun<ls, stags, boai’s, thin sows and sicilis. Further, that no hogs of any i kiiHl shall be beiighr, oxc(>pt tlirow- ' outs, at le.ss than .'SlO-'iO pt*r huii(lr(“\ pounds. The av(>nige of packers' | droves to be construed as tlie fiverau'e: of t!ie total sales in '.he market of all hogs a giv(Mi day. All the above to be basotl on Chicago. i We :igi'e(' tiiat a eouiiiiittee shall b(> appointed by the Food .\dniinislratif»i! to clic'ck the dally operations in the various markets wi;h :i view to supi-r-i vision and diMuonstration of the curry- , ing out of the abovi*. 1 Tiu' ability of the packers to carry : out this arrangeu)ent will depend on ! there being a normal marketing of hogs based upon the proportionate In-: crease over the receipts of iast .year, j The increase in production appears to j be a maximum of about !."> per cent. | and we <-an handle such an incn'ase. i If the producers of hogs should, as | they have in the past few weeks, pre maturely market hogs in such Increas ing numbers over the above It is en tirely beyond the ability of the pack ers to maintain those minimums, and therefore we must have the co-opera- tion of the producer himself to main tain these results. It is a physical impossibility for the capacity of the packing houses to handle a similar over-flood of hogs and to find a market for the output. The packers are anx ious to co-operate with the pi-oducers in maintaining a stabilization of price and to see that producers receive a fair ■price for their products. (Signed) THQS. E. WILSON, Chairman Packers’ Committee. The plan embodied above was adopt ed by the conference. The Food Administrator has appoint ed a committee, comprising Mr. Thomas E. Wilson, chairman of the Pack ers’ Connaittee; Mr. Everett Brown, president of the Chicago Livestock Ex change; Major Roy of the Food Ad* ministration, Mr. Louis D. Hall of the Bureau of Markets, to undertake the supervision of the execution of the plan in the various markets. Commis sion men are asked to co-operate in carrying out the plan embodied in the packers’ agreement. It must be evi dent that offers by commission men to sell hogs below the minimum estab lished above Is not fair, either to the producer or the participating packers. Mr. Brown has undertaken on behalf of the commission men in the United States that they will loyally support the plan. It Is believed by the conference that this new plan, based as l^ Is upon a positive minimum basis, will bring bet* ter results to the producer than aver age prices for the month. It does not limit top prices and should narrow the margins necessary to country buy ers In more vnriable markets. It la believed that t’ plan should work out close to $18 av. rage. Swine producers of the country will contribute to their own Interest by not flooding the market, for it must be evident that if an excessive over per centage of hogs Is marketed in ai one month price stabilization and en trol cannot succeed, and it Is cei that producers themselves can bute materially to the efforts conferences if they will do their marl eting in as normal a way as possible. The whole situation as existing at present demands a frank and explicit assurance from the conferees repre* sented—namely, that every possible effort will be made to maintain a live hog price commensurate with swine production costs and reasonable sell ing values In execution of the declared policy of the Food Administration to cae every agency in its control to secure Justice to the farmer. T.te stablHzation methods Adopted for Nc-rmber represent the best ef forts of the conference, concurred In hf the Food AdmlBMitniUoa and tb' uu HOV/ CAN A CAREFUL MAM ALLOW HIWSELF TO DRIFT INTO DEBT? DEBT IS AS DANGEROUS AS A. DISEASE. IT IS A DISEASE. A FLY ON A PIECE OF PAPER SOMETIMES FREES HIMSELF WHEN HE IS ONLY ON THE EDGE. BUT “DEBT * IS A MONSTER THAT IS HARD TO GET FREE FROM. If IS SO EASY lO “CHARGE IT.” DON’T DO IT; PUT A LITTLE MONEY IN THE BANK INSTEAD. BANK WITH US WE PAY 4 PER CENT INTEREST ON TIME DEPOSITS BREVARD BANKING COMPANY BIO ^ On time the world around. Whether in Petrograd, London, New York or Honolulu, you’ll lind Big Bea— and always on time. He’s known the world over as the clock that rings on time, runs on time, stays on time and lasts a long time. , Buy in Brevard FRANK D. CLEMENT The Jeweler QTY MARKET u The Sanitary Market” The City Market is now under new management and will appreciate the pa tronage of all old customers and solicits new ones. We are going to carry only the best fresh and cured meats. All our fresh meats will be home raised. We will also carry every thing in the way of country produce and will pay the highest cash price for butter, eggs, etc. Give Us a Call QTY MARKET W. J. SMITH, Proprietor d OUR GROCERY STORE comes about as near meeting every want in the grocery Kne as it is possible for any store provide, and every ORDER or small, will receive our h«ii^ attention. A trial order will convince you! thait we sell only SUPERIOR GOODS AT MODERATE PRKES
Brevard News (Brevard, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Feb. 14, 1919, edition 1
6
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