Show IN BUTIR AR an aid 1 CHICAGO ELGIN AND EASTERN MEN CONTROL Nf MARKET ARKET though supply Is larger by 10 pounds than last year cost ascends Chi chicago edgo dec i 1 the tribune in a news article today says manipulation ot of tle large butter markets of the country by a coterie bof 0 chicago elgin and eastern produce men is said to be responsible to a largo extent for the present extravagant prices of b better while supplies of butter are larger than is usually tile the case after this season values ar are e materially higher than a year yea r ago with prospects good for further advances vances before there la is any relief rumors of a corner in june storage butter which is the best of tile the seasons pack have been circulated for some ume time and while vigorously denied by the principals Qs the fact remains that tile the stock of choice storage age butter is tightly held with prices high and on the upgrade up grade leading commission firms in chicago boston now new york and elgin are credited with being the engineers of the so called deal some estimates place the percentage of storage stocks of juno june butter held by the clique a at 75 per cent and the more conservative commission men say the amount is nearer 50 per cent about is said to have been invested in tile the operation stocks of storage butter in tile the principal warehouses of tile the country are ampro approximately pounds larger than a year ago and about that much larger than two years ago so there is apparently little reason for extravagantly high values fresh creamer creamery extra as the best bast table butter is called now costs 35 center wholesale which means ancans 38 to 40 cents at retail markets |