Evening Republican, Volume 21, Number 275, Rensselaer, Jasper County, 23 November 1918 — SHOULD NOT MARKET HOGS [ARTICLE]

SHOULD NOT MARKET HOGS

SUPERVISOR SAYS THERE IS NO REASON FOR MARKETS TO BE AS THEY ARE

Louis C. Baily, Federal Supervisor of Markets, stationed in the Indianapolis market aserted 'Friday that there 1 was absolutely no reason why there should be such an acute congestion as exists today, in practically every live stock market in the country. “The government is maintaining a minimum price of $17.60 a hundred weight for hogs,” said Mr. Baily, covering a period of Npvember and December, and there Is every reason to believe that relative high prices for hogs will continue. “There is positive assurance that the present minimum price will remain throughout the next six weeks or Until January Ist. The farmer, feeder and country shipper evidently are not entirely satisfied that prices will remain as they are. I ctfn see ho other reason than the fear of a break in the market that has caused such a stampede. “Under ordinary crcumstances at this season of the year all markets are in position to absorb the normal flow of hogs, and normal conditions would prevail if not for the fact that the country shippers are all trying to market at the same time. They have every reason to feel assured that when the government guarantees a price for hogs that price will reman. “It should be remembered that the United States have to supply not only its own demand but also must take care of the needs of Europe and other countries of the world. This will make an outlet for all the stock that can be marketed, if marketed judiciously. The farmers are themselves losing more than any one else by this stampede to the Their hogs that are being held over from day to day. until an outlet is found for. them on when by holding them on their lots until an outlet is found for them, adding weight instead of adding expense, is now the case with a lot of shipments that come to the various markets.”