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Show I PRICES DROPPING 'IN THE EAST Ab -showing the drift of prices in Chicago. Bradstreet's present the following fol-lowing figures Prices for leather are 38 to 58 per cent lower than in AuRu-t, 119, and 28 to 48 per cent under those of Sep temher, 1919. Raw material has de cllned 64 to 80 per cent since August, 1919, while the rise since August, 1914. Is 28 to 147 per cent Shoe manufacturers man-ufacturers throughout tli. 6tll6ifjb federal reserve district are producing about 50 per cent of normal capacity Lumber Is off about 25 to N jef cerit from laBt yenr, but is higher than Itil pre-war level, and remain Is 12l2 to 35 per cent lower, while common bric k remains as high as laftl Near, the Increased In-creased cost of fuel, labor and trans portatlon preventinc derHnes in Bftcl prlceB. Replies to questionnaires sent out by , the Federal Reserve Bank of Chicago I show net sales of wholesale dry goods j lb September increased .oj per cent as , compared with lust year: clothing, i 150; tailoring, 33, and cmi-eric. ill, while shoes decreased 21 per cenL Cancellations of dry goods were 12 per cent. The rapid decline in prices Is no-lice no-lice to the cautious retailer that he must begin to clear hiB shelves or he will be naught with high price goods. At present there Is no way of forecasting fore-casting when the bottom will be reached. |