DROUGHT IN AMERICA
EFFECT ON FOOD PRICES
LIKELY.TO LAST FOB "MONTHS
(Keceived 13th August, 2 p.m.)
WASHINGTON, 12th August.
Mr. Alfred Thorn, Counsel of • the Association of Eailroad -Executives, after a call at White House, announced that a 50 pe-f cent, reduction would b# made by the Eastern Eaihvays on hay, feed, water, and livestock for the dura' tion of the drought emergency. Ho ex-. pressed a confidence that the Western Bailw'ays would act similarly. .
Mr. W. F. Callander, Chairman of tho Agriculture Department's Bepprting Bureau, stated that the loss from, the drought placed in bushels and tons in. yesterday's departmental report could not fairly be estimated in money. He explained the loss of corn, flax, arid, potatoes to be 735,720,000 dollars at current market price, but pointed out that these prices were forced.up by the drought. The .Government was attempting to guard against..profiteering, but he predicted that advanced fpod prices would continue for months. The destruction of fruits and vegetable? had already resulted iii an advance in tho price of tinned products. Fresh fruits and green vegetables were .coming on the markets in poor condition at increased price's. Poultry prices wero higher, and he expected' that the full, effects would not be felt for sometime.
DROUGHT IN AMERICA
Evening Post, Volume CX, Issue 38, 13 August 1930, Page 12
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