Evening Republican, Volume 20, Number 293, Rensselaer, Jasper County, 8 December 1916 — Egg and Butter Cirbers Smashed In Chicago. [ARTICLE]

Egg and Butter Cirbers Smashed In Chicago.

High prices on butter and egg; were smashed in Chicago Thursdav. The far-famed egg corner broke when the best cold storage eggs tumbled from 32c to 28c a dozen. Butter declined l%c a pound. Further decreases are expected. Eggs are now selling wholesale in carload lots, 10c a dozen less than a week ago, the price decline Thursday ~ being the fourth within a week, and further declines are expected in the fpture. Food speculators have lost a cool million is the opinion of a keen observer of the market. It is said that the federal grand jury has its eyes turned toward Chicago and will investigate the manipulation of high food prices, and also the loan made by a Chicago bank of $3,000,000 to a cold storage firm.