Show Meat Pa Packing king Is Prosperous Again Agai Th The y year yr r 1926 saw the packing Industry emerge from seven I ell years Although Improvement durIng dur dur- Ing hag the pat pail year was not astound astounding astound I Ing It was a decided one and tho thi 1 prospects for the tilE coming year ar arvery art v very ry encouraging At Its recent annual m meeting etIng the Institute cf r American Meat Packers conclusively conclusive- conclusive ly pointed out th that tIlOt t 1926 marked th beginning of a a. more successful erA ent for tor the industry F F. Edson White the tho president nt of oC Armour Co pointed out that two impOrtant tant changes have taken place H in inthe the packing Industry First of thess thessIs Is the tIle Increased competition for material which Is ig evidenced by th the fact that a packer r can no Jong E buy low-cost low livestock from a n re remote rc mote source and Ond must compete buyers In local markets The In Increase increase increase in in- crease In 1925 1921 and 1926 of 01 dire direct l count country buying Illustrates the tho ef efforts ef f. f forts torts at economy that are being made The Tile second change Is the new methods of marketing mad m possible b by rapid growth of refrigeration oration and mouth hand buying buyIng- Refrigeration has made summer markets more available a and anti re reduced reduced rt re- the seasonal character o of meat packing The quick turnover turnover turnover turn over policy which ha has bas been accepted accepted ac RC by the Industry i IS looked o as the tile basis of a new prosperity The rapid adjustment of packers packer's to these changing conditions Is re responsIble responsible re- re for the tile better business business- of 1926 As the total number of cattie cattie cattle cat cat- 1 tie tle slaughtered under government 9 1 supervision during duling the past year was well velt over It will be seen from the following figures of oJ cattle slaughtered that the new era of prosperity has hils probably begun and may be c. c expected p to result it In Insubstantial 1 substantial gains for tor the Industry 11 In 1927 1919 1920 1921 1922 1923 1924 Jj 1925 98 |