| Show S Butter Raid Upsets Chicago Pit 1 S. ON FOOD r D I II I TUMBLE M LE I Speculation in Provisions and Grain Respond Quickly Quick Quick- ly to News That C Campaign I Against Hoards Begins D By As d Trow g. g I 1 CHICAGO Au Aug Aug- 14 W With With th the seizure today of 1292 tubs of butler butter poun pounds s valued at in the first in governments government's 8 Chicago drive to combat the cost of living Jiving prices of all commodities dc dealt lt in on q pf trade and 4 ol- ol l han handled l d in Ule he the produce market market mar mar- ket took exciting tumbles es The Time main Elfin reason advanced ad for the collapse in values of grains rains and provisions provisions pro pro- i visions ions was as the rapid development c of the government go measures to decrease se sethe the cost of food foo and other prime es essentials es- es 5 5 The Tho chief results on the on-the board of ot trade at the tl finish of or the days day's trading trod trad leg ing compared with ith t four Co r hours before were 7 H to 8 SJ Sl cents a bushel setback for or corn 2 to 3 cents decline In oats and a drop of ot 90 cents to lo 33 In provisions Quotations Quotation Tumble There Thre was a Ii pe decline lIne of several se commodIties commodities com corn I In the produce market A further decline of or 73 cents a bushel bush bush- el eJ in tho cheapest grades of oC carl early Ohio potatoes a cent 25 drop in tho the price of or cabbage and a falling off in the price of oC highest-grade highest yellow onions occurred in the vegetable mark market L Prices of oC green corn peaches lemons lemons lem lem- ons and watermelons also were on tho the decline while white beets beds carrots and or orang's oranges oranges or- or anges angs advanced ari slightly The Tue seizure of oC the butter was made b by federal deputy nt marshals and was not a part oC the dl district attorneys attorney's live drive on hoarders boarders and profiteers The TIme butter was wa allowed to have hn been deficient en- en in butter fat int and to contain a 1 surplus of water Nearly earl half hal of oC the butter buttor had been Lou bought hl by C. C H. H Hea Weaver Weaver Wea Wea- ver cr Co t commission merchants The Ilie climax shaking tho thic confidence of ot holders of ot grain and provisions pro i-amo i when seizures s of ot food staples were made HORN hogs Cot Conic In Drosc Dron Numerous other I influences had combined combined com corn bleed to mako make the he final crash more emphatic The initial disturbance had Its o origin in the hog market Arrivals of ot hogs here front from the county country had been suddenly more than trebled and hog quotations had propped In some Borne instances us much much- muchas as a hundredweight hundredweight hundred hundred- wel weight ht since yesterday Federal Seizures Made l in Three Cities I Washington Aug H Indications H of ot tho the real punch behind tho governments government's campaign campal n to reduce the high cost of ot living JI were given glnn today loday In bio bIn fashion In man many cities While hUe Attorney General Palmer was telling the Senate agriculture committee commit commit- tee that he Intended to prosecute every d dealer guilty o of soiling selling ut t higher prices than those lI d by tho the fair price committees com corn II of oC each count county word came caine camerom from rom Chicago St. St Louis and Birmingham ham of seizures of oC great reat quantities of or J foodstuffs b by federal officials who ho re recently ro- ro 1 were Instructed to proceed un un- tier cr the too food control act to 0 stop hoardIng hoard hoard- leg Ing S SS S S Seized Iz d dIn In Chicago o 1 1282 1252 S tubs of ot butter worth wa was seized In St. St Louis s si I ISO pounds of oC coffee coHee MI which has hns b cn showing rapid advances In lii price and andIn andIn I In Birmingham barrels of oC sugar Mr r Palmer labner told the tho Senate committee commit tee that h he believed helle the great majority majori majori- t ty of ot farmers and food dealers were not profiteering but that the suggested suggest ed amendment to the food control net act extending it to clothing and providing a n criminal penalty of ot or two years yearn imprisonment or both was nee nee- essaiY aty to make effective the tho campaign Continued on page 3 FOOD PRICES TUMBlE IN CHICAGO AFTER RAID Continued from par page 1 against those who arc aro dishonestly gouging the public There was a I di division lon of or opinion among amonT the senators as to the tho advisability it ity ty of oC the legislation several He declaring that the thc amendment gave c a the department department department depart depart- ment of Justice too drastic powers over o commerce while others questioned tho the constitutionality of extending the life liCe of or the food control act beyond the tho declaration declaration dec dec- of or peace as has been sug sug- Given Gl this penalty we c can break the backbone of this profiteering In sixty da days Mr lr Palmer retorted retorted cr crisply crisp crisp- p. p ly 1 an and then you won t have havo to worry about constitutionality I Y I 1 |
