Business & Finance: Corn, Hogs, & Rye

Chicago finance has its delicacies of shade no less fine than those of Manhattan's stock market. Example: last week's "corn & hog parity" got alarmingly out of line. Dollar a bushel corn equals $10 per cwt. hogs or something is wrong in the stock yards. Corn for May delivery passed $1.03¼ a bushel whereas hogs "at Chicago" sold from $6.65 per cwt. undressed. Foreign corn demand has made golden maize too dear for U. S. pigs to eat & grow fat. The pigs must die lean & cheap. Overproduction of litters, weaned on high...