Show I H I HH C COST i WAVE NO NOW SUBSIDING Prices of Food Products Are Shown to Be Declining in in Report of Secretary of Agriculture Agri Agri- culture to the President FARMERS' FARMERS LOSS MADE UP BY BUMPER CROPS Saving of Nine Per Cent or I Nearly to Consumer In Quotations Nine Staples October t tf I n B Y Oct Oat D afe L statement ment issued Sm d here bce based upon report reports from B of oE Agriculture J Jamen am Wilson i Taft t declared the wave of high price for food throughout the world has b ba 1 gun to subside in this conn country The wave of extremely high for food throughout the tt world the Presidents President's statement reads rends has reached ita its height ia iu the United States and i is subsiding Th Tbt American Ammann p people have Muse to be b thankful that because o of our indus Indue- trial prosperity it has not been attended at at- tended here hare with the great at hardship which has prevailed in some soma of the countries where high prices haw have con com with low wa wage t to reduce the working people to a point bordering lon on starvation According According- to the announcement nn of or White Hou House e officials Secretary Wilson wu- wu son aon mad made an an Investigation of or the causes of the prices price and the tho effect of ot the bumper crops i b In the United States upon euch prices The great prosperity prosper prosper- ity of the tUete report ort s sto to tb the tius President showed has br Ug About bout a no material decrease in the ilio of ot food toad products III although though In many lu the thc reduction will not be become become become be- be come apparent to the consumer for tor several months Tho The report promises that the pries price of ot meat will decrease notably on account of ot the bumper corn crop and after atter cattle sheep and hogs ted fed from th that crop reach tho the consumer con con- sumer Savins of Secretary Wilson advised the time PresIdent President President dent that of tho nine great crops of ot tho the country country corn corn wheat oats barley r rye buckwheat potatoes and hay the hay the Octo October 1 prices Indicated a a. savIng to the consumer of ot about nine nm per cont cent or nearl nearly OO The crop increase will make up to farmers however reductions in price Mr r. r Wilson shows that while the re return return re- re turn to the tho producer on October 1 1 1911 amounted to at st th the tho prices prevailing October 1 of ot this thia year their return will be Mr Wilsons Wilson's report according to o oft oft- Continued on Page ge 2 2 Column SL a. HIGH COST WAVE NOW SUBSIDING Prices of Food Products Declining De De- De- De dining clining Secretary Wilson Reports to President Continued from front Page 1 here shows that the aggregate ate crop In tho the United States will HI be about 20 per cent greater than It has been boon for tor years Ho shows that th the tho wheat crop of or the year ear Is Js nearly bushels greater than last year and says sas that ono one hl high h grade ralle flour Clour Is la costIng costing costIng cost- cost Ing at the tho mills 80 SO cents a barrel less than It did a year ago Corn Price Drops Drop Tho The corn crop Mr Wilson points out exceeds bushels and there has already been a decrease In the prIce of or corn of 7 tents par por bushel The Tho hay crop ho lie says ys has Increased aRed more mote than tons over a a. year yeS ago and ho declares that In consequence consequence consequence conse conse- quence the price per ton has hM fallen tallen 27 This decrease he maintains will HI not only decrease the tho price of oC meats but of ot milk butter ot etc The Tho years year's oats crop amounts to J Tho The years year's oats crop amounts to 1417 bushels an Increase over o last years year's crop of ot more than 50 per cent according to the report Most oat of ot this crop Is used as food for stock Mr Wilson declares and the tho Increased crop ClOP and lower prices on prices on October 1 a 0 bushel of ot oats oata co cost t cents as compared with a year ear ago will ago will also mal make mako o for tor lower prices for tor meats and all livestock products On potatoes there will be a saving 0 of ot nearly In tho cost of or living On October 1 tho the producers were getting gelling cents a n bushel for tor potatoes tho the Investigation showed showe 1 as compared with 88 3 cents a L year car ago The Tho consumption of or potatoes Is and the tho actual reduction of ot cost costIs Is the report states This years year's cotton crop Is la the tho largest on record and although the price on October 1 was above last year It was 21 1 cents less than the price of ot two years a ago o and the tho new crop may I bring a re reduction In the tho cost of ot cotton cotton cotton cot cot- I ton goods I |