DOWNWARD TREND
COMMODITY PRICES IN AMERICA PEAK OF COST OF LIVING BELIEVED PAST (Rec. 11 a.m.) NEW YORK. October 18. The ‘ Wall Street Journal,’ noting the decline in the prices of livestock, chickens, eggs, butter, cheese, corn, wheat and cotton, says businessmen believe that the high cost of living has passed the post-war peak, and has started down hill. • Dow Jones commodity futures index, which reflects what people think commodities will fetch in the months ahead, tumbled seven points in three days, which is the most drastic break since the index was begun in 1933.
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Bibliographic details
Evening Star, Issue 25927, 19 October 1946, Page 7
Word Count
95DOWNWARD TREND Evening Star, Issue 25927, 19 October 1946, Page 7
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