The Washington herald., 1912-10-20


|produosrs wtn ameunt - sANSsam b.
|feassn e NE hersassd yieaA: !.
ThegU 4, thareepra. nothing = p
|fsarsd ffon { laek of peospertfy due 70
ths inablii&y q The fAxmsr 70 buy what
~ needs O. desires. unlss2 - ooTeeary
WIleon suggssta the prices should %
voey seriously deprecated a. the result
|of political Developments.
Flsnf Prices FeresA Dswn.
This years wheat crop - nearly loo.-
|sonoW bushels larger than II was last
year. and already high grade OF Mime
Isota -four 10 costing 1t the mills eighty
lcsuts less . barrel than II did Q year
ago. There are s0.0oo.ooo people In the
United States and the average consump-
ton Of nour 10 ] 1-5 barrels. % that this
itam alone even At the present price VIII
effect . saving Of $40. 10000.
The corn crop for the hrst tine IN
the history Of the country exceeds 40oe. :
00 bushels. amounting to 20 per cent
more than last year. Although this crop
viii not b fr4ely marketed for month
or more. there u already q decrease In
compared with last year.
Second only to corn. the hay crop af-
fects the price OF meats. This year the
hay crop amounts 20 100000 tons. ~
compared with s. H000, 900 tons q year ago.
The average Of hay had fallen on Octo-
ber 1 to $1l7s tom . reduction Of 0.N
from the price prevailing 4 year ago. In
sddition to making for cheaper meats.
the reduced price Of hay will affect sim
LARRY the cost Of milk. butter. cheese &c.
Potatoes HIT Toboggan.
What IL true Of wheat. corn, and hay
10 also true Of oats. but to q still greater
degree. This years crop amounts to
I. .17. .0oo. 900 bushels, an increase over last
years crop Of more than so per cent.
Most Of this crop II used for food Tor
stock and the increased crop has caused
lower prices on October 1. . bushel Of
oats cost xa6 cents a. compared with
as q year ago. This will also make for
lower prices for meats and all live stock
products.
The decreased price Of potatoes will
alone effect q saving Of nearly $780,
000 900 in the cost OF living. On October
1 the producers were getting Sill cents
. bushel for potatoes. as compared with
ss.3 cents q year ago. This il due to
increased production OF 81 per cent. Al
we consume 900 bushels Of potatoes
and there is a reduction Of 81 cents 4
bushel, the actual reduction Of cost 10
81, 10000 even IL prices do not fall still
lower. o..
! The cotton crop OF this year is the
largest on record. and although the price
on October ! was slightly above that Of
the same date last year. 1t was 81 cents
less than the price Of two years ago. and
when the new crop comes on. the market
may go still lower, 80 that some re-
duction in the cost Of, cotton goods may
be looked for.
Boon to Boarding Houses.
The President has also received re-
ports indicating q reduction in the cost
Of other food staples. as. for instance,
sugar. The price Of sugar 10 reported
to have fallen 2-3 cents a pound. as
compared with the price prevailing on
October ]. 1911. As we consume $780,
10000 pounds of sugar a year. the re-
duced cost Of living on this single item
will amount to $50. 900.
Still another staple. which 10 ma
terially cheaper IL dried fruits. on which
the price Is reported to have fallen from
10 to 20 cents. In the light Of these
figures the President feels that he has
ample warrant for declaring that the
crest Of the high cost /. OF living wave
has passed and that 1t 10 now rapidly
receding.