Show I I i I I I I COOP OP MARKET BLAME DENIED Decline In Hog Prices Prices I Laid To Huge Runs and Discrimination ChICAGO CHICAGO July 10 to the ibe statement of 0 Hron Bron president of the Livestock toek Exchange that co oper op co-op r-athe r e athe marketing was ass responsible for the decline in big bif prices price was taken by John G l Brown president ot of the National Livestock Producers Producers ers era association association- John C Brown charged the ex- ex exchange exchange ex exchange change head heal with sIti the I and declared that the IX cx- ex change had haj discriminated against the stock raisers in faor or fa or of ot the country speculator He also I o charged charred that the old line om commission missIon firms had the tho farmers co operative sates galea agencies und under r the new packers and stockyards control la Isa VERY LOW RUNS KUNS I I 0 Browns Brown's opinion re- re regarding rc garding the low hog hor markt market Is I at variance with lIh the JIl facts he lIe has at hand th the asso oso- oso association president declared declared- 1 iho ho market statistics show tha thai Ical cattle receipts for tor the th mon month ot of June were the th since 1 1017 17 Light receipts make fort for tor higher prices Likewise the recel receipts ts of oC sheep hep for tor Jun June 1 acre wr ere the for more than 30 years Thesa Thea good prices were acre cr due to light runs and not to the fact that c cd opi have bave not yet et Invaded In these departments of at the th market us as fully as the thc ha hate hae e the hog hoc market same market statiSTics ISho hoa that more morn hogs hoes were on the I Chicago market this ln J June than evem before in the history ot of J me level markets marlIt A similar condition oc- oc ocI occurred occurred oc occurred in 1911 l ll with Ith similar effect and that was long lone before oper co cooperative cooperative alive marketing of hogs hoe was inder wa Between een November NO and JulY seven western markets re d di 6 5 more hogs hos than in the I period in either ot of tt tre two I years just precedIng Hog Hoc ship ship- shipments shipments ments from 11 corn belt states stats to lit markets market Increased 32 2 PIL Pu cent this year as ac compared with the year 1 the period q qI ft No November 0 o ember vember 1 to June Juno 1 SUPPLY AMI D AM DIDI DEM tM 1 The 10 of ot supply and demand comes heal eal cr er operating in livestock than In almost any other farmer product It lt Is a matler matter of or re ol d that production over-production without or- or or-d or dorl derl mrk marketing means lower prices low prices price sometimes sometime come without over production pro over in a di- di dis disorderly orderly mart et because the lator lalor speculator gets gNs our product and the th con on consumer con consumer sUm sumer r gets icet no benefit of the th s 10 lea I Price 1 which the prod producer e These conditions we ae e seek to relieve by uniting our selling power and nd pla plating our goods on the market as 55 needed e ae w also relieve relle the transportation situation in ln this ay ay |