Evening Republican, Volume 14, Number 168, Rensselaer, Jasper County, 16 July 1910 — And From Now On Prices Are To Be Lower. [ARTICLE]

And From Now On Prices Are To Be Lower.

In the opinion of J. Ogden Armour, the great Chicago packer, this country will never see hogs reach 10 cents per pbund again. The high prices of the past year are due largely to the diminished production of hogs, but this high price in turn has induced breeders to increase their herds, and the promise of a bountiful crop of corn will make cheapen feed. Armour thinks the right price of hogs to be from 8 to 9 cents per pound, but there are many thousands of laborers who will not agree with' him on these figures. There Is money in 8 cent hogs even when corn is 51 cents.