The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1920-05-26

PRICES
.. FORz!f fJOD
Commission y redict De-
mer Ad-
INCREASED RECEIPTS
INCREASED RECEIPTS
Vegetables and Fruits Drop Five to
Thirty-five Per Cent in Chicago
Where Living is
Cheaper.

TUnited Press Leased Wire Service ]
CHICAGO, May 26.-Food went to
lower prices here today and commits
sion men predicted the Decline vii
con tinue as summer advances.
Staple vegetables and fruits nave
fallen from five to hirty-hve percent
Cabbages, selling at SIS a crate week
ago, are now offered for $o.5o.
Oranges dropped Is percent and ne"
potatoes we're off $3.50 barrel. In
creased receipts are said to be re
sponsible.
Shoes Cheaper Next Winter
WASHINGTON, May 26.-Lower
shoe prices late next winter and
SPRING were predicted. by Edward a.
Brand, secretary. of the Tanners
Council of the United States. testi-
flying before senate committee OF
inquiry.
Tanners and manufacturers believe
prices will fall by that time, Brand
said because of the recent decline
in leather prices. This decline could
not sooner be reflected in shoe costs,
he said. because shoes are made up
far in advance of the season in Whlcn
thev are offered on the market.
"If leather prices stay where they
are now Brand said, lit means that
the cheaper hides will come into
leather in ten months at least and
cheaper leather means cheaper shoes.
Shoe prices should begin to become
lower late next winter-not IN the
fall-but in the spring and early
summer of 1921, providing nothing I'M
forseen happens."N
Stocks of medium grade leather
now are plentiful, Brand stated, and
there also are adequate supplies OF
the best grades.
Public to Benefit.
OMAHA, Neb.. May 26.-The Bur
CESS -Esch department store, which
started the recent price cutting move.
ment il this city, which later became
nation wide in it's scope, this morn
ing announced that its twenty per
cent reduction sales will terminate
on next Saturday. The Eldredge-
REYNOLDS company made a similar
announcement
In it's announcement the Burgess
Nash company says its purpose III
cutting prices was to do its bit to
get prices back to pTe-War BASIS
"Our purpose seems to be on the way
to accomplishment and prices appar-
emily are on a downward trend. we
are now enabled to secure merchant
disc at lower prices and the pubic
will receive the benefit.
Denies Pre-War Price Story.
CHICAGO. May 26.-Marvin b.
Pool. manager of Butler Brothers,
largest general wholesale jobbing
house in the west today issued the
following statement denying report
which quoted Butler Brothers as pre-
dieting a return Of pre-war prices
within two years.
unfortunately the reported state
ment of one of our employees, mex
perienced in price matters, did not at
all express Butler Brothers opinion
or Judgment" said Pool. NO one ~
this time can predict with any degree
of accuracy whether prices will &c
higher. maintain their present level
or be materially reduced. I, person
ally. doubt if values will ever again
reach the pre-war levels and / see =
reason for any material change in
prices % many months to come.
I'VE do not handle foodstuffs, high
priced clothing. silks or shoes. We
can speak only as wholesalers OF
popular priced merchandise when We
say that in the month of April. manu-
facturers have notified us of 1.611
price advances and only twenty-eight
price declin es, the number Of price
reductions being below the average
number.
''The dem and for our kind Of mel'
chandise continues exceedingly firm
and sales show a satisfactory increase
in volume.
j THE large number of discoun
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