AMERICAN PROSPERITY.
THE HIGH COST OF FOOD
(By Electric Telegraph—Copyright.. (Per Press Association.) LONDON, Feb. 7. The Daily Chronicle's 'New York correspondent reports that official returns show that there is six hundred million sterling worth of food in various trusts and cold stores, including fourteen million carcases of cattle, twanty-five million sheep, fifty million pigs, and five million pounds' Avorth of fish for the Lenten season. The cost of food is therefore not due .to scarcity. The Chronicle adds" that despite the increase in railway receipts and other signs of prosperity, American financial circles are thoroughly unsettled by the attitude towards trusts. The value of the stock of thirty-two railways, and twenty-nine industrial combinations, has depreciated two hundred and seven millions sterling in six months owing to the fear of the trusts being prosecuted.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS19100208.2.14
Bibliographic details
Manawatu Standard, Volume 9136, Issue 9136, 8 February 1910, Page 3
Word Count
134AMERICAN PROSPERITY. Manawatu Standard, Volume 9136, Issue 9136, 8 February 1910, Page 3
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Standard. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in