FOOD: Mirage

It was like old times last week in Chicago's drab, drafty South Side: the number of beef cattle arriving at the slaughter houses was the highest for any week in February in 26 years. Busy drovers and commission men tallied a total of 57,565 head.

But this prospect of more beef failed to cheer dapper, brisk George A. Eastwood, 65, president of Armour & Co. In words as sharp as a cleaver stroke, Eastwood told Armour stockholders that total packinghouse production would probably drop 15% in 1945.

Few packers disagreed with Eastwood's gloomy forecast. The rush of cattle to market was...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!