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Show REACTION IN HIGH COST OF LIVING COMING, SAYS EXPERT NKW YORK, April 10 "The present sensational drop In the price of potatoes may mean cheaper food of all kinds. Farmers are closing out their supply of old potatoes for. as low as 20 cents a bushel, the lowest price in years. Other food Is also much cheaper as the result of Investigations," American Agriculturist Agricultur-ist for April will say, A marked decline has occurred In prices of certain food products. If this decline continues much longer, the coin-missions, coin-missions, investigating high prices will tlnd themselves out of a Job, "Compared to the high point in wheat last year, the market will again show a decline of 17 cents, "The decline In corn since l he first of the year Is 10 cents and oats 20 cents. In other words, the present wholesale price of oats Is 32 cents below the highest high-est prices of last year. Corn is off 21 per cent and wheat I I per cent. "Thcso declines in grain arc reflected In mill foods. Wheat bran is now selling sell-ing in the west, at $5 or SG a ton less than previous highest quotations, a de-cllno de-cllno of 21 cents, while middlings have declined at Xcw York points about a ton. or 12 per eenl. Even cottonseed meal is off li to ?l or S to 10 per cent. Cotton itself Is a fraction of a cent a pound less than in January, showing a decline of about 5 per cent. "Potatoes have not been , so low in years, wholesale prices at present being at 10 to 50 per cent lower than in November. No-vember. "Many farmers held on to their potatoes pota-toes until the late winter or spring market mar-ket and are now glad to got rid of their stock at 25 cents a bushel, whereas in April a year ago they were wholesale at Chicago at ?I a bushel. "Butter has declined ti per cent; eggs have gone off as usual In the spring. Kven beef cattle have no more than held their quotation of. March and hogs arc a trifle off. although si ill very high and prices of sheep and lambs are well maintained. main-tained. There has been a break In the price of hay at many points In the west. Beuns are also cheaper. "Altogether Indications show a reaction In food prices lias taken place. With good crops in 1DI0 we may expect the price of food to consumers to bo considerably lower than during the last twelve or eighteen months, although we do not look for a return to tho phenomenally low prices of ton or twenty years ago. "Cold weather this week may do considerable con-siderable damage to the fruit crop, but thero Is ample time for spring grains to be re-secdod wherever the sprouting crop has been badly frosted." |