The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1920-09-30
DROP GETS SPEED
Price Barometer at Chicago
Goes Down Faster.
More Clothing and Rent Slashes
Being Announced.
WHEAT MARKET WAY DOWN
Nine Cents Per BuSheI OFF De-
cember Deliveries.
Indiana Potatoes Now Selling at
Fifty Cents.

Chicago, Sept. 3O.-Wheat futures
dropped 9 cents on the Chicago board
of trade today. Other grains also de-
clireG. Heavy liquidation. due to the
Continued decline in prices of various
commodities was the principal factor.
December wheat was off 9 and March
was down 9A cents. December corn
was off cents.
Reductions from $50 to $3.50 in
piano prices have been made by Lyon
& Healy. big piano manufacturers.
Pianos selling at from 5000 to 500
were off $50. Prices OF $4,000 were
s,ashed $3.50.
Price Barometer Down.
The price barometer fell here again
today.
Retail clothing prices at Maurice D.
Rothschild's clothing store were
slashed from 20 TO IS per cent. ac-
cording to public announcement.
Rothchild declared further redUc-
tions will follow.
THE time for readjustment has
come and the merchant who does not
lower his prices to conform with the
movement will lose out" said Roths-
child.
Rothschild said it would mean re-
tailers will cut their orders and halt
the demand for labor. This. he said.
would mean a greater efficiency in
labor.
The workers will do better work
and more because they will want to
keep their jobs" he said.
The second landlord to reduce apart
ment rents this week announced he
has made a 10 per cent reduction.
Auto Plant Shuts Down.
Toledo, O., Sept. 30.-Toledo plants
of the WHY'S Overland company were
closed down yesterday and today fol-
lowing the iayoff of $500 men and
women workers.
Less than 1000 remain to operate
the plants the rest of the week when
they reopen tomorrow. Normally there
are between 1900 and $4,000 en-
ployed.
Those, released yesterday were in
structed to report Monday morning
by which time officially it will be
known definitely whether the plants
will operate on a three day a week
basis or remain close until conditions
in the automobile industry get back
to normal.
Falling off in the demand for auto
mobiles, which has affected motor car
United States, is assigned as the cause
of the drastic curtailment of produc-
ton.
Lead Off Fourth of Cent.
New York. Sept. 3O.-The American
Smelling and Refining company today
reduced the price of lead from to I y
cents a pound.
Indiana Potatoes so Cents.
Indianapolis. Sept. 3O.-Potatoes hit
the toboggan here today. The whole
sale price was quoted at so cents a
bushel, a reduction of 81.
Cuts Price of Trucks
Lincoln, Neb., Sept 3O.-The Patriot
Motor company has announced a re-
duction of from $500 to 1895 in the
price of its trucks effective i'm
mediately.
New Drop in Wheat
Kansas City. Sept. 30.-Wheat
futures dropped 9 Il to 101s cents on
the exchange here today. December
deliveries closed at $2.1O1z, 1Oh cents
under yesterdays close. and March
closed at s2.O61z, X cents down.
900 Men Laid Off.
Columbus. O.. Sept. 3O.-Nine hum
dred of the 1900 employees of the Tim
kin Roller Bearing comapny's plant
here were laid off this morning. II
was announced that this action was
taken because of the depression in the
automobile industry