Rejoinder of Swift & Company to the Statement of the Federal Trade Commission in Reply to
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In. other words, the Trade Commission's contentions that uniform proportions continue when the market is "soft," and that these same proportions hold substantially true week after week irre- spective of variations in live-stock receipts, are absolute misstate- ments of fact.
, Pl-oof that percentages taken by the different packers vary substantially from week to week, and that this variation exists just as much when the market is "soft" as at other times, is found in the following figures : Bet...ween September 1, 1917, and September 1, 1918, Swift & Company's proportion of the total purchases of hogs made by five large packers in Chicago and western markets varied from 32.5 per cent, of the total in one week up to 41 per cent, in an- other week. In other words, Swift & Company's maximum pro- portion for any one week was over 25 per cent, greater than when its proportion was at a minimum. Such a variation in proportion would mean an increase or decrease of more than 25,000 hogs during a week of average receipts.
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To quickly assess the difficulty of the text, read a short excerpt:
In. other words, the Trade Commission's contentions that uniform proportions continue when the market is "soft," and that these same proportions hold substantially true week after week irre- spective of variations in live-stock receipts, are absolute misstate- ments of fact.
, Pl-oof that percentages taken by the different packers vary substantially from week to week, and that this variation exists just as much when the market is "soft" as at other times, is found in the following figures : Bet...ween September 1, 1917, and September 1, 1918, Swift & Company's proportion of the total purchases of hogs made by five large packers in Chicago and western markets varied from 32.5 per cent, of the total in one week up to 41 per cent, in an- other week. In other words, Swift & Company's maximum pro- portion for any one week was over 25 per cent, greater than when its proportion was at a minimum. Such a variation in proportion would mean an increase or decrease of more than 25,000 hogs during a week of average receipts.
What to read after Rejoinder of Swift & Company to the Statement of the Federal Trade Commission in Reply to?
You can find similar books in the "Read Also" column, or choose other free books by United States Federal Trade Commission to read onlineMoreLess
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