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Show BUTTER PRICES ARE CUT IN CHICAGO CHICAGO, Oct. 28. Tho consumer consum-er began to rcallio tho benefits of government supervision of food sales whon butter prleos wero slashed from S to 8 cents by tho local food price committer. This wu done in mmjmmlBXsaajjaji.vma tho fnco of predictions of retail grocers gro-cers that best grades of butter would I bo selling at 05 and 58 cents next wook. Tho food commltteo, after a conference con-ference with a commltteo from tho Chicago butter and eggs board, do-cided do-cided that from 44 to 19 1-2 cents a pound Is n fair prlco for creamery oxtras in bulk and that 4G to 50 1-2 was tho right flguro for butter In cartons. Retailers havo been nsk-1 Ing from 50 to G5 cents a. pound. On egg costs tho board's committee, commit-tee, composed of doalers, agreed that C cents a dozon on looso eggs nnd 7 1-2 cents on eggs In cartons would bo a fair profit to tho rotaller. Tho prlco commltteo nlso cut tho comment prlco from n quarter to a half cent n pound. A further cut was promised nnd n moro liberal uso of tho commodity wns urged In order to consorvo whlto flour. Another investigation by a fedoral fedor-al grand Jury into tho operation of tho I31gln Hoard of Trado, also known as tho I31gln buttor board, is planned by Robert W. Chllds, special I nflslstnnt riHnrnn irenftrnl nf Ihn TTnl- ted States. Federal officials, it is said, will question tho officers and mombora of tho organization In an offort to learn why tho board moots every week, when so fow actual "ins aro made, If It docs not fix prlc in violation vi-olation of tho Shorman nntltrust law, |