OCR Text |
Show LIMITS PROFITS ON PORK FOOD PRODUCTS CHICAGO, March 17. "The food administration ad-ministration has authority to fix hog prices and may and does limit profits on uork food products," according to a telegram received tonight by Everett C. Brown, chairman of the hog price committee com-mittee in Chicago, from Y. S. Snyder, chairman of the meat division of the food administration In Washington. The telegram was in reply to one sent last Friday by Mr Brown following a con- ference here between packers ami repre- i sentatives of the food administration re- 1 garding fixing of a maximum price for hogs. Mr. Brown said he was confidem the farmers would be pleased if a maximum maxi-mum of $17.50 to S1S.00 could be set. These were the sums suggested at I in conference and an official announcement was expected from "Washington soon, Mr. Brown said. |