PRICE OF FOOD IN AMERICA.

Colonist, Volume LII, Issue 12767, 8 February 1910, Page 3

PRICE OF FOOD IN AMERICA.

HUGE STOCKS HELD BY* TRUSTS. THE GOVERNMENT'S POLICY. [Pbess Association — Copyright.] (Received Feb. 7, .11.6 p.m.) London, Feb. 7. * The "Daily Chronicle's'? New York correspondent reports that official returns show that there is 600 millions sterling worth of food in the. varions trusts' cold stores, including 14 million carcases of: » cattle ; ; 25 . million sheep; 50 million pigs'- and 5 millions worth of fish for the Lenten season. The cost of food therefore is not due . to any scarcity.. The "Chronicle" adds that despite the increase of railway receipts and other signs of prosperity, American so*, cial circles are thoroughly unsettled by the Government's attitude towards trusts. ■ The value of tho stock of thirty-two railways and : twentynine industrial combinations has depreciated 207 million sterling in six months; ' owing • to a fear that the trusts would be prosecuted.