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STEADIER HDG MARKETS PLANNED
Hog Producers and Packers Confer With 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 (he agricultural Industry on occasions of Importance to special branches of the industry, on October 24 there was convened in Washington a meeting of the 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 three 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 conference were as follows: The entire marketing situation has so changed since the September joint conference as to necessitate an entire alteration In the plans of price stabi lization. The current peace talk has alarmed the holders of corn, and there has been a price decline of from 25 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 European market has cre ated a great deal of apprehension on the part of corn holders. This decline has spread fear umong swine growers that a similar reduction in the prices of hogs would naturally follow. More over, the lower range of corn prices would, if incorporated in a 13-to-l ra tio, obviously result in a continuously falling price for live hogs. In view of these changed conditions many swine producers anticipated lower prices and as a result rushed their hogs to market in large numbers, and this overshipment has added to and aggravated the decline. The information of the Department of Agriculture indicates that the sup ply of hogs has increased about 8 per cent., while the highest unofficial esti mate does not exceed 15 per cent, in creased production over last year. On the other hand, the arrival ofi» hogs during the last three weeks In the seven great markets has been 27 per cent, more than last year, during the corresponding period, demonstrating the unusually heavy marketing of the available supply. In the face of the excessive receipts some packers have not maintained the price agreed last month. On the other hand, many of the packers have paid over the price offered to them In an endeavor to maintain the agreed price. The re sult in any event has been a failure to maintain the October price bnsis determined upon at the September con ference and undertaken by the pack ers. Another factor contributing to the brenk 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 130,000,000 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 asked. 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 the aggregate supply and demand. It must be evident that the enor mous shortage in fats In the Central Empires and neutral countries would 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 w ar, 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 corn 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 stabilization the ,I4ye Stack Subcommittee of-the Agrl-. producer and the Insurance of an ade quate future supply. These foreign orders are placed upon the basis of cost of hogs to the packers. As the result of long negotiations be1 ween this body and the Packers' Committee, representing the 45 to 50 packers participating in foreign or ders, together with the Allied buyers, all under the Chairmanship of the Food Administration, the following un dertaking has been given by the pack ers: In view of the undertakings on the part of the Food Administration with tegard to the co-ordinated purchases of pork products, covered in the at tached, it is agreed that the packers participating in these orders will un dertake not to purchase hogs for less than the following agreed mlnlmums for the month of November, that is a daily minimum of $17.50 per hundred pounds on average of packers' droves, excluding throw-outs. “Throw-outs” to be defined as pigs under 130 pounds, stags, boars, thin sows and skips. Further, that no hogs of any kind shall be bought, except throw outs, at less than $16.50 per hundred pounds. The average of packers’ droves to be construed as the average of the total sales in the market of all hogs for a given day. All the above to be based on Chicago. We agree that a committee shall be appointed by the Food Administration to check the dally operations in the various markets with a view to super vision and demonstration of the carry ing out of the above. The ability of the packers to carry out this arrangement will depend on there being a normal marketing of hogs based upon the proportionate in crease over the receipts of last year. The Increase in production appears to be a maximum of about 15 per cent, and we can handle such an increase. 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 these 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 producers in maintaining a stabilization of price and to see that producers receive a fair price for their products. (Signed) THOS. 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’ Committee; Mr. Everett Brown, president of the Chicago Livestock Ex change ; Major Itoy 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 it 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 variable markets. It Is believed that the plan should work out close to $18 average. 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 any one month price stabilization and con trol cannot succeed, and it Is certain that producers themselves can contri bute materially to the efforts of the conferences If they will do their mark eting In as normal a way as possible. The whole situation as existing at .present deuuwdstjL Xraak. and explicit cultural Advisory Board, together with the specially invited swine representa tives, 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. This will be regularly done. The In fluence of these orders will be directed to the maintenance of the common ob ject—namely, the stabilization of the price of live hogs so as to secure as far aa It Is possible fair returns to the REDUCED MEAT PRICES AT THE PEOPLE’S MARKET Whole fore quarter....17o per lb. Whole hind quarter.... 18e per lb. Boiling and stew cuts, ,20c per lb. All steak cuts.25c per lb. A. BEROLO Eureka, Nevada, Oct. 1, 1918. —NOTICE TO— | The Assessment Roll for the year 1918 is now in the hands of the Treas urer and the taxes for said year are now due and payable. Taxes will he delinquent on December 2, 1918, »t which time, if not paid, ten per cent will be added thereto by law. R. McCHARLES, County Treasurer and Ex-officio Tax Collector. Eureka, Nevada, November 9, 1918. Notice to Creditors * In the Third Judicial District Court of the State of Nevada in and for the County of Eureka In Re: Estate of Paul Ferrari, deceased. Notice is hereby given that the undersigned was on the 16th day of November, 1918, ap pointed and qualified by the above entitled Court as administrator of the estate of Paul Ferrari, deceased. All persons having claims against said es tate are required to file the same with proper vouchers and statutory affidavit attached, with the Clerk of the Court within three months from the date of the first publication of this notice. Dated November 16, 1918. PETE CARLETTI, Administrator. Edgar Eather and W. R. Reynolds Attor neys for Administrator. First publication Nov. 16, 1918. Last publication Dec. 14, 1918. I Notice to Creditors In the Third Judicial District Ciftart of the State of Nevada in and for the County of Eureka In the matter of the Estate of Michele Bianchi, deceased. Notice is hereby given that the undersigned was on the 16th day of November, 1018, ap pointed and qualified by the above entitled Court as administrator of the estate of Michele Bianchi, deceased. All persons having claims against said es tate are required to Hie the same with proper vouchers and statutory affidavit attached, with the Clerk of the Court within forty days from the date of the first publication of this notice. Dated November 16, 1918. ANTONE MERIALDO, Administrator. W. It. Reynolds and Edgar Eatber Attor neys for Administrator, First publication Nov. 16, 1918. Last publication Dec. 14, 1918, Subscribe for Sentinel—93 per year. 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 use every agency In Its control to secure justice to the farmer. The stabilization methods adopt for November represent the best forts of the conference, concurred hj the Food Administration and t Livestock Subcommittee of the Agri cultural Advisory Board, together with special swine members and the representatives of the packers, to Im prove the present unsatisfactory situ ation, which has unfortunately result ed because of the injection of uncon trollable factors. We ask the producer to co-operate with us In a most difficult task. The members of the Conference were: Producers—H. C. Stuart, Elk Gar den, Va., Chairman Agricultural Ad visory Board; W. M. McFadden, Chi cago, 111.; A. Sykes, Ida Grove, la.; John M. Evvard, Ames, la.; J. H. Mer cer, Live Stock Commission for Kan sas ; J. G. Brown, Monon, Ind.; E. O. Brown, President Chicago Livestock Exchange; N. H. Gentry, Sedalla, Mo.; John Grattan Broomfield, Colo.; Eu gene Funk, Bloomington, 111.; Isaac Lincoln, Aberdeen, S. D.; C. W. Hunt, Logan, la.; C. E. Yancey, W. R. Dod son. Food Administration—Herbert Hoo ver, F. S. Snyder, Major E. L. Roy, Q. H. Powell. Department of Agriculture—Louis D. Hall, F. R. Marshall. The packers present and others sharing In foreign orders were repre sented by the elected packers’ commit tee. Those represented were: Packers—Armour ft Co., Chicago, 111.; Cudahy Packing Co., Chicago, 111.; Morris ft Co., Chicago, 111.; Swift ft Co., Chicago, 111.; Wilson ft Co., Chica go, 111.; John Agar Co., Chicago, 111.; Armstrong Packing Co., Dallas, Tex.; Boyd Dunham ft Co., Chicago, 111.; Brennan Packing Co., Chicago, I1L; Cincinnati Abattoir Co., Cincinnati, O.; Cleveland Provisions Co., Cleve land, O.; Cudahy Bros. Co., Cudahy, Wls.; J. Dold Packing Co., Buffalo, N. Y.; Dunlevy Packing Co., Pittsburg, Pa.; J. E. Decker ft Sons, Mason City, la.; Evansville Packing Co., Evans ville, Ind.; East Side Packing Co., East St. Louis, 111.; Hammond Standlsh ft Co., Detroit, Mich.; O. A. Hormel ft Co., Austin, Minn.; Home Packing ft Ice Co.,' Terre Haute, Ind.; Independ ent Packing Co., Chicago, 111.; Indian apolis Abattoir Co., Indianapolis, Ind.; International Provision Co., Brooklyn, N. Y.; Interstate Packing Co., Winona, Minn.; Iowa Packing Co., Des Moines, la.; Powers Begg Co., Jacksonville, 111.; Kingan ft Co., Indianapolis, Ind.; Krey Packing Co., St. Louis, Mo.; Lake Erie Provision Co., Cleveland, O.; Lay ton Co., Milwaukee, Wls.; Oscar Mayer & Bro., Sedgwick and Beethoven streets, Chicago, HL; J. T. McMillan Co., St. Paul, Minn.; Miller ft Hart, Chicago, 111.; J. Morrell ft Co., Ottum wa, la.; Nuckolls Packing Co., Pueblo, Colo.; Ogden Packing and Provision Co., Ogden, Utah; Ohio Provision Co., Cleveland, O.; Parker Webb ft Co., De troit, Mich.; Pittsburg Packing and Provision Co., Pittsburg, Pa.; Rath Packing Co., Waterloo, la.; Roberts ft Oake, Chicago, 111.; Rohe ft Bros., New York City; W. C. Routh ft Co., Logans port, Ind.; St Louis Ind. Packing Co., St. Louis, Mo.; Sinclair ft Co., T. M. Cedar Rapids, la.; Sullivan ft Co., De troit, Mich.; Theurer-Norton Provision Co., Cleveland, O.; Wilson Provision Co., Peoria, 111.; Western Packing and Provision Co., Chicago, 111.; Charles Wolff Packing Co., Topeka, Kan. Scheeline Banking & Trust Co. RENO, NEVADA General BankingiTrust Company Business Exchange Bought and Sold on All Farts of the World INTEREST PAID ON DEPOSITS SAVINGS DEPARTMENT Stocks and Bonds Bought and Sold on Commission ACENT FOR THE LEADING FIRE INSURANCE COMPANIES SAFE DEPOSIT BOXES FOR RENT Acts as Executors or Administrators For Estates Acts as Transfer Agents For Corporations Acts as Judiciary Agents D0* TRANSFER OF MONEY BY WIRE A SPECIALTY A.» much attention paid to large am to small butinest PROFESSIONAL OAROS. EDITA C. PLUMMER Attorney at Law Office in Courthous Eureka - . - - - Nevada W. R. REYNOLDS Attorney and Counselor at Law Enreka, Nevada Office, Hjnl Building, Opposite Browi Hotel. | Beatific Lodge No. 7, K. of P. Meets every Tuesday evening at its Cast Hall on North Main street, at 7 o’clo from October 1 to March 31, and at 7: o’clock from April 1 to deptemner 30. All Brother Knights in good standing » fraternally invited to attend. J. B. Vknturino, 0. C. Attest: D. E. Nohtrooa K. of K. ft 8. Stockgrowers and Ranchers’ Bank OF RENO,»NEVADA S Capital, (fully paid) f I00,000.0( _£ We transact a general banking business. Allow interest on savings deposits at the rate of 4% per annum. j We solicit,your business. ! I Notice to Huniers The new “Migratory Bird Treaty Act an Regulations,” provides that the open sense for water fowl (except wood duck, eider duel and swan) in Nevada is from September 10 t December 31, both dates included. The shoo ing may begin one-half hour before sum ii and closes at sunset. Doves, both mourning »nd white-wingei are also included in the Migratory Bird Treat Act, and the open season is from the 1st d t of September to December Id, both dates ii eluded. M. MAHONEY, Deputy Fish and Game VVardei General Graying j [ Having purchased the draying busi ness in Eureka of R. A. Laird, I am now prepared to do all kinds of hauling at reasonable rates. Wood, Coal nnd Hay for sale in large or small quanti ties, delivered in any part of Eureka. Leave orders at Eureka Garage. JULIUS MINOLETTI. Water Notice Notice of Application for Permission to A propriate the Public Waters of the State of Nevada > Application No. 5261. Notice is hereby given that on the 27«h di of September, 1918, in accordance with Sectii 59, Chapter 140, of the Statutes of 1913, oi Angelo Florio, of Eureka, County of E reka, and State of Nevada, made applicatii to the State Engineer of Nevada (or permi sion to appropriate the public waters of tl State of Nevada. Such appropriation is 1 be made from Broy Spring, Eureka Count Nevada, at a point about 1500 feet South Secret Canyon and about 3J miles South Eureka, Nevada, on unsurveyed land. A proximately in the NEJ NEJ, Sec. 14, T. N., R. 53 E., M. D. B. & M., by means < tunnels and pipes, and one-half miner’s im is to be conveyed to approximately NE^NE Sec. 14, T. 18 N., R. 53 E., M. D. B. fc M Unsurveyed land, by means of pipes, an troughs, and there used tor stock watering an domestic purposes. Water not to be return! to stream. Signed: . SEYMOUR CASE, * State Engineer. Date of first publication Oct. 26, 1918. Date of last publication Nov. 23, 1918. -—-- ' Notice for Publicatioi 03542 Elko, Nevada, Land Office, October 16tl 1918. , Notice is hereby given that Flora 1). H bart, of Beowawe, County of Eureka, State i Nevada, has filed in this office her applicatii to enter, under the provisions of Section 23( or 2307, Revised Statutes of the Unsted State the following described land, viz: The Northwest Quarter of Southwest Qua. ter (NWJSWi),) of Section Thirty-three (33 Township Twenty-seven (27) North, Kauj Forty-eight (48) East, M. D. B. & M., con taining Forty (10) Acres. Any and all persons claiming adversely tr lands described, or desiring to object, Decani of the mineral character of the land, or for an other reason, to the disposal to apphcan should file their affidavits of protest in tn office, on or before the 30th day of Noveuibi 1918. T1 . . John E. Robbins, Register. First publication Oct. 26, 1918. Last publication Nov. 80, 1918. MINING TAX Notioe is hereby given that the tares on th proceeds of the mines of Eureka County fo the quarter ending September 80, 1918, ar now dne and payable to meat my office In It” reka and the law in regard to the same will b strictly enforced W. .T, HOOPEK, Assessor of Enreka County, Nevada.