PRICES: Bare Table

In Pittsburgh, the Fried & Reineman Co., one of the city's biggest meat packers, announced that it was closing its two plants for the first time in its 50 years. At its National Stock Yards plant near St. Louis, Armour & Co. laid off half of its 2,000 employes; other packers laid off thousands more. The plot was familiar. Everyone could guess the ending. Soon U.S. tables would again be bare of meat.

The new ceilings on meat were not the only cause, or the main one. The main reason was that cattle and hog raisers had sent every animal...

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