The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1917-10-19

+! turned in high food prices and that
most of the essential commodities
| should continue to show reductions be
tween now and the end of the year.
At the same time he pointed out that
retail prices are not going down IN
accord with Wholesale reductions and
| intinnated that the consumer himself
might correct this by bringing proper
| pressure to bear.
/ TO MD the public in dealing with re-
tailers who continue to extort war
profits the food administration Is col
lectng wholesale prices Of all staples
in 100 cities and soon will begin pub
fishing them weekly for comparison
with the retail figures.
Government Powerless.
without further authority from con |
| gress, MIR. Hoover saiu the govern
ment Is powerless to control retailers |
except those doing a business of more |
than $10O. 900 Il year.
. Now that it is all over, Mr.. Hoover
said, it may be admitted that In Sep
) tem,ter the country faced a serious
shortage Of flour and New York city Mt
one time was down to a S6 hours sup
ply Virtually the same conditions pre-
vailed at Philadelphia and other con-
sumng centers.
The administrators statement fol-
lows:
The Statement.
"The food administration considers
that, subject to cooperation from
farmers and retailers. the corner now
? has been turned in high prices and
that most OF the essential commodities
should, one after another. continue to
show reductions between now and the
!. end Of the year.
> "The current prices at which flour
is being sold at the mill door In jute
bags vary somewhat with the locality
and freight charges on wheat, Toledo
showing the lowest prices at SlO Tor
first patent and 1910 for second pa
IN tents: Minneapolis being $1o6O for
" first patent and $1O.46 for second pat
!, cnt. This shows a large reducton
,s under August prices.
=. "The regulations on the distribution
~ of wheat and the manufacture OF flour
were put into force the middle of Sep
=. tember.
=. Retail Flour Prices Too High.
re The average retail price on first
he patents In 796 cities on October Is was
sl3.77, or from $3.50 to 81 per bar
r. |
-, prices being made to the millers. II
,n other words, the retail price has moi
" wholly responded to the reduction.
made by the miliers.
- -, Beans Must Come Down.
10 "The bean harvest this year Is esti
ed mated by the department OF agrlcui
,rs ture at approximately 7,o00.00o bushel
on, in excess of last year. or nearly doubl
f.~rr~ rtA al
prominent bean producing states ar
''a' holding beans for from 1912 to ]
:. cents per pound m against an averag
ur,ce realized by the grower last yea
of 8 cents per pound. There has bee
100 per cent increase In the Mar
"A ohurian bean crop and II IS now est
"A mated at 100000 tons. Owing
shipping shortage, practically the on
outlet is to the United States and the
~, beans will flow into the Americe
ma l.et from December on nuch p
low the prices now being demand
for American beans.
Corn Meal Viii Yield
rent .orbe corn harvest this year Is 6o'
no- 900 900 to 700, 900, 600 bushels more TIL
in. last year and generally will be ava
loo, | able about the end of November i
i, h,, price of corn rose TO $3.50 per busf
sion IN Jul! s.nn Nv" '."' ..,,,
in Chicago ut s113 per busbci Tor l.
cember and indicates nearly 40
cent drop In the price OF corn IN
mon when the new corn Is generally ava
."' able.
the "Thc very large corn supplies ir'
Mr., the new harvest. together with !
larger supplies Of barley. velvet bea
& to cotton seed peanut and soy bean me
tau al promise MUCK cheaper cattle,
able and poultry feed and will enable
and production of beef, pork, poultry q
wing dairy products at lnuch 'o"sr 's'e,'
cost to the farmers than today anu
cat earnings can be maintained with io'
con- prices oi pro"".''' .,,,,;,, :
uffi- storage ana ''i'' n',' ~, ,h.sc ,r,
are in course of regulation.
Lower Beet Retails Higher.
Beef already shows some tende
Howard reduction III whoiesaic pih
ANn,x but these have not been 80 lar
flected in the prices quoted by the
taller. Tie price Of beer at the p'i
er's door Il IL IL cents per pouiic
, en- compared with Is cents In July. W
killed the average retail prices OF ro
of a steak in 79S cities Is 81 cents
Union bound, against q cents per poun'
a few July. thus showing that retaii pi
The have increased while wholesale VI
ned. have decreased.
Potatoes Held Too High.
J. We have Il potato harvest OF 8?
cent in excess of the crop Of last ,
les II. The price at loading points varies
been $3.50 to $3.50 per 100 pounds.
l fund price. which is some higher
nunity at this period last year, Is due
tendency ON the part Of the pro