Show EXPECTS TUMBLE PRICES OF CHAIRMAN OF THE industrial INDUSTRIA A L BOA BOARD RD BELIEVES PRICES W WILL ILL RECEDE IN NEAR FUTURE make statement of interest to tile the alt ate consumer Con after a con ference with will rood food AdmInIs tra 1 I tion boffl officials ceils at new york washington cheaver cheaper food in III tile the near future was pre predicted on march A 21 by chairman peek of t lie del department of 0 commerce industrial board na a result of a conference with food administration officials in new york mr air reek peek said there then had been general misunderstandings of 0 a recent statement by mr air hoover that wheat might light go to it bushel blishel und and lie he added that tho million dollar graan fit wits was made by congress to enable the public to got get wheat products nt at hea reasonable prices as well as to make good the alio guarantee to tile producer with wheat prices reasonable mr ir peck said prices of other products could lie ile eap exp expected acted because wheat was tile do barometer of the food trade after explaining the situation regarding the grain appropriation bill mr peek said bald 1 I believe therefore that there Is very every reason to expect lower food prices in the relatively near future this view I 1 believe tho the men in charge of the affairs of the food administration will share bhare |