The Washington times., 1931-01-30
PRODUCE PRICE
LOW; BUYERS
AIDED
Butter Is at Lowest Price in
Years; Buying Public Bene-
fits From Sales in Market

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Commodity prices, which in
some instances are at record low
prices here. are at present working
to the advantage of the buying
public of Washington.
Of course, the revenues of
farmers and others who are at
fected by the prices of produce
sold in Washington markets are
losing, but the silver lining in
this instance falls to the Washing.
ton housewife who is forced to
take the price given by the re-
tailerS.
Low Mark Is Hit
Probably the best example Of
the commodity situation is the
price Of butter, selling in the
neighborhood of 80 or 33 cents in
retail markets here. This is the
lowest price in about 20 years. A
year ago housewives were forced
70 purchase their butter at prices
that were extremely high for the
average family. Substitutes were
used in many homes, for it was
felt that the price was too high
3or the average family.
The entire situation has
changed, however. Substitutes
are now selling near the prices
of the actual product and this
has the average purchaser go
back to buying butter in place
bf some substitute made of other
material.
Fish Supply Good
Another instance of the low
cred prices of commodities sold
an grocery stores here is the
price of fish. There has been
an eveE-increasing supply of fish
received, according to certain mer-
chants connected with the mar
keting of this commodity, and
they look for the lowering of
the prices to still further low
marks. a
Storage warehouses have been
filled with certain nonperishable
commodities, so that they may
be held until the market is better
situated for selling. But these
commodities must be released
when the time limit of their
storage is up, due to govern
mental requirements, and if the
crops are large in that commodity
at the time of release the prices
will be driven much lower.
Merchants Watch Mart
Produce merchants, both in the
retail and wholesale fields, are
watching the situation with keen
interest. They believe that un-
less the price is driven higher in
some instances the farmers will
suffer to such an extent that
they will be forced to suspend
operations.
In the meantime Washington
households are taking advantage
Of the situation which has arisen
and are saving much money by
ht.
Three new directors, Mrs.
Blanche P. Hall, Mrs. Evelyn p
Hines and William B. Wolf, have
been added to the directorate of
the Washington Hotel Corpora
eion. Other directors reelected
are: E. C. Graham, Appleton B.
CLARK, jr., Samuel j. Prescott, DR..
William P. Reeves, Charles H.
kpardoe, Ralph w. Lee, Joseph H.
Ealliher and Cuno H. Rudolph.
Ghe executive committee is COM
bosed of Messrs. Clark, Prescott
and Pardoe.
=, The officers reelected are: Ap-
pleton P. Clark, jr.. president;
Cuno H. Rudolph, vice president; F.;
Charles H. Pardoe, secretary, and
Ralph w. Lee, treasurer.
Officers and directors of the
Lincoln Investment Corporation
were reelected at the annual
stockholders meeting yesterday
as follows: Kenneth M. Living
stone, president; Devere r. Wee
don, vice president; Edward c..
Kriz, secretary, and Hugo Thran.
From the headquarters of the
Eeaboard Public Service Com
pany, at Alexandria, Va, an
nouncement has been made that
an increase of 14.3 per cent for
December and III per cent for
the year has been shown in the
kilowatt hour output of subsidiary
organizations operating in seven
States on the southeastern coast
line. Total output for last De-
cember was 32,254,096 K. VIII.
and for the IL months 359,319, ,172
x. VIII.