112 ILLINOIS STATE DAIRYMEN'S ASSOCIATION. 



was not taking exception to what Mr. Jorgenson said but I 

 wanted to bring it out. It is just this, you have 40c butter this 

 week and we at Elgin are criticized, but if you will look back 

 over the past three months' records, it is the people that are 

 eating this butter, it is not Elgin, although we are willing to 

 take all that they will give us. Take New York, that is where 

 they eat this butter; they make money easy and are willing to 

 spend it. The New York market has been above the Elgin 

 market two and three cents a pound right along, when really it 

 should be only one cent for the best butter. New York has 

 been selling for 41c for over a week and Elgin reached 40c only 

 last Monday, and you saw the head lines of the Chicago papers. 



I want to call your attention in connection with this price 

 list that it is not Elgin that has forced the high prices, it is New 

 York. You will find that when she went to 43c a pound that 

 we allowed Elgin to go to 42c. It is not the manufacturer, it 

 is the public that are demanding the goods and cannot have 

 them. On January 1, 191 1, there were 45,000,000 pounds in 

 starage while on January 1, 1912, there were only 18,000,000; 

 you see the difference between 45 and 18. There will not be 

 enough butter to carry us through ; the public are consuming too 

 much. If left at that price butter "would be gone by the first of 

 March. I would not be surprised under present conditions to 

 see you paying 50c a pound for butter. I just wanted to men- 

 tion this so you would understand it. It is the consumers that 

 are forcing this product ftp. 



As I understand it the condensed milk market is flooded. 

 I am not sure it is flooded in a legitimate way and hence I hive 

 to speak very guardedly. Condensed milk is being sold here; in 

 Effingham for $3.50 for 4 dozen large cans which cost about 

 80c a dozen. The condensery people are paying you gentlemen 

 for the past three months in the neighborhood of $1.50 per 

 hundred. You figure price per can of manufacture and I dodbt 

 if you come out even. I stepped into a grocery store yesterday 

 morning and I asked the gentleman what he was paying fir 

 condensed milk and he told me. It was a little more than $3.3), 

 but not much. You gentlemen must take these things into con 



