An Erroneous Conception The American Chamber of Commerce yesterday received a very important telegram from the American Exporters" and Import Association bearing upon the recent fall in prices. The telegrao> is as follows Please inform trade newspapers that reports regarding a radical price reduction are erroneous and apply only to local retail trade. These reports express a universal desire to reduce the cost of living. All manufactured merchandise continues staree, in great demand, and will certainly remain so as long. as -factory production is restricted by labour strikes and strikes in ports, railroads and other commercial centres. European nations cannot supply their own present requirements, leaving little if any available for export. American works to-day are manufacturing much below capacity, due to great reify of raw material and urgent demands constantly increasing. Your buyers should not be misled by sensational articles, as above statement is confirmed by all reliable sources of information. Please advise neighbouring trade
Text read from the printed page and cleaned; old type leaves the occasional error.