FOOD PRICES REACH NEW HIGH LEVEL
, Received Tliursdav, 7.30 p.m. NEW YORK, Sepf. 10. Food pr'n-es generally, which have been moving upwanl for days, surged to a new reconl higb level today, some itonis juiupiug up 10 to 30 per cent. The New York Tiines reports that the changes were so liectic that larger foi.nl dealers followed the quotations from wholesale. and retail niarkets the way bullisli speculators followed stoclc qnotat ions. Priine butter sold at 01 cents a II). Eggs from 01 to 0s cenls a dozen in many stores. Flour at the mill clintbed 20 cents a ewt. after luiving risen 35 cents sinee September 0. Food dealers said it was the lirst timo in history that feverish activity has spread tliroughout nearly all food items. The Ilerald-Tribune, editoriallv, says: "I'rices climl)ed steadily and there is no end in sight. There is surely good reason to consider this emergein-y situation and for abandoning the free market. Abandonmetit cannot be piecemenl but _must invtdve wage eontrol, price eontrol and rat ioning. The editorial, however, considers that the basir recourse is in ihe hunds of tlie' liousewife.
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Chronicle (Levin), 12 September 1947, Page 5
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187FOOD PRICES REACH NEW HIGH LEVEL Chronicle (Levin), 12 September 1947, Page 5
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