OLEOMARGARINE. 555 



CHICAGO, January 12, 1901. 



Whereas wo are informed by newspaper reports and other sources that the 

 manufacturers of oleomargarine are inclined to deny the assertion of the officers of 

 the National Dairy Union that the retail trade sell oleomargarine almost exclusively 

 as butter; and 



Whereas from our long experience in competition with this class of goods we have 

 repeatedly and continually been brought face to face with the fact that fully 75 per 

 cent, and'possibly as high as 95 per cent, goes to the consumer as pure butter, we, 

 as :m organization and as individuals, desire to go on record as corroborating the 

 statement made in that particular by the officers of the National Dairy Union. 



C. H. WEAVER & Co. 



WAYNE Low. 



GEO. W. LINN COMPANY. 



J. DIXON A VERY & SONS. 



MERRILL & ELDRIDGE. 



MOODY, KING & COOK. 



W. S. MOORE & Co. 



GEO. C. CALLAHAN & Co. 



GALLAGHER BROS. 



M. L. BROWN & Co. 



J. H. WHITE & Co. 



EARL BROS. 



S. L. BRODIE. 



SCHLOSSER BROS. 



SPANGENBERG & Co. 



GEO. MlDDENDORF & Co. 



O. E. WHITCOMB & SON. 



Mr. JELKE. Mr. Knight, is it not a fact that C. H. Weaver & Co., 

 who sigued that statement, are one of the largest, if not the largest, 

 manufacturers of process butter in the United States? 



Mr. KNIGHT. Yes, sir; and so far as I know they are not violating 

 any law. I desire also to read you this quotation from the market 

 report of Saturday, January 12, 1901. Tljis is the official report of the 

 Chicago market, published by Howard, Bartels & Co., and is used by 

 the butter trade generally. 



Receipts May 1. 1896, to January 16, 1897, 1,083,130. 



A demoralized feeling was shown at the closing of the week and prices some 2 to 

 3 cents lower. All the week trade has dragged very slowly, and receivers were 

 unable to close out their consignments. Goods kept piling up not very freely, but 

 to a greater extent than dealers cared to have on their hands. The home trade was 

 not sufficient to make any impression on the stock, and there has been scarcely any 

 order demand. The receipts have been fair and. show some increase over last week, 

 but comprised a greater proportion of roll and packing stock, which came forward 

 more freely. Other markets have all ruled dull and weaker, and possibly this 

 accounts for the increased receipts here. 



It has not been so much a matter of price as it has been to sell. Of course dealers 

 wished to sustain the market as long as they could, but they daily undersold the 

 quotations when they had an opportunity to sell. 



To-day the market was dull, and further concessions were made by holders to 

 effect sales. Dealers believe the only way to place the market on a solid basis is to 

 make prices that will enable them to clean up late accumulations and to encourage 

 buying or at least consumption. 



It is generally admitted by dealers that the demoralized condition of the butter 

 market at present is due to the use of butterine. Dealers estimated that at least 75 

 per cent of the retailers are selling butterine. 



Mr. MILLER. Is it not a fact that the open weather accounts for the 

 dull butterine and butter business*? 



Mr. KNIGHT. The open weather? I do not know, Mr. Miller. 



Mr. MILLER. Well, it is a fact. 



Mr. KNIGHT. Now, I would like to ask for information regarding the 

 condition of the matter between Collector Coyne and myself. There 

 has been some testimony sent out to Mr. Coyne for him to pass upon, 

 I believe. 



