The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1894-08-20


NEW YoRx, August ls.-Thc sugar
t,uEt lu beginning to bag Its profits,
even before tho tariff blu is signed. The
cssti prices Of refined EugarS sold 10 tho
consumers have advanced threo.iour!hs
Of cent psT pound within The past
fortnight In tho largo retail stores down
town, while the small retail grocery
men 10 the uptown districts and else
where In tho city hRvo put up tho fiG-
ures fully con. 0 pound, as compared
With tho prices Of two weeks ago.
A farther advance Of cent pound
in the price Of refined augar is expected
BY downtown retailers on Monday. Tho
retail cash prices yesterday. according
to tho reports Of several dealers. wero as
follows: Granuluted, 5 cents q pound I;
cut LOAF, 81; powdered, 81; coffee A, a.;
coffee b, n, and coiee o, At.
From o cent 20 l cont q pound ls
chilled 10 these pfiees by tho small gro
cers, who do o credit business TO a
greater or loss extent. Raw sugar ad.
yanced Yesterday 20 81 cents, previous
figures having been 81 aud 81. Stocks
Of refined and raw suRarB arc abundant
and tho rise In pricOs is simply duo to
tho manipulations Of the trust.
ADMISSION FROM THE TRUST.
Tho present price Of raw sugar allows
cent pound for refining, 1t Is bo-
lisved, and the trust admits . Of cont
]. 4. Bomp. Of tho retail grocery firm
Of Callauan & Kemp. says that tho ad-
1nrc In prices had not affected trado
materially.
The feat Of foreign competition has
compelled tho trust 10 keep its prices
down. SIR. Kemp said he believed the
agitation would continue in tho next
Congress, WHOM au effort would again
be made to make sugar FREQ OF duty.
William A. Livingstone manager OF
tho largo ro,ail grocery houso OF J. W.
Hemhlet, said that standard sugars had
Rone up three-iOurths Of cent and
higher prices we're expected.
SThe trust has everything Its own
vay, and can raise tho prices az 1t
pIcasu,," said Bfr. Livingstone, Out Its
system OF enforcing adherance 10 its
prices Ia better for tho retailers and
jobberB, because II prevents cutting OF
pricea."
A dealer who controls tho largest
tratc in sugars among tho restaurant
keepers In the city said that the ad-
vance In prices was causing q disturb.
a6aann thA ratotlnFA
CAN'T STAND THE RAISE.
Sugars havo advanced Is per cont
within the past six weeks" said this
dcaier, tall on nccount Of the tariff log
islation. The condition of the restau.
rant trade ia fearful, fully co per cont OF
the restaurants in tho Tonderloin dis
tyict having failed within the past year.
Thoso now in business can III afford TO
stand rico In tho prices Of eugnr or
anything clse."
IL Wall street sugar stock hos boon
oc.ct for few days. but yesterday,
whom tho eouate resolved to have no
more tariff legislation. 1t began to boil.
Tho feeling Of hostility against the
sugnr trnst 10 intense, aud In tho end
tboao mon who control its destinies will
havp 10 Weld. This, however, may not
proyent IN appreciation in the shares.
Tho trust In tho next six months will be
ind uosition to reap harvest, both
because Of the protection Of refined
sngar and its enormous operation In the
raw product
over the market for tho certidcates, as
was evidenced by the movements Of tho
stock last week. The bears were given
full leeway, but only because those who
have tho stock felt that they could turn
the speculation their way whenovor
they chose. For several days tho steek
was kept bobbing around l06 and l0S
and additional short limos were put out
nj that range. Yesterday 70 WIS preatol
choneel and rise to within a fraction
otIli was engineered With all the ease
in tho world.
TIE WHISKY TRUST ROW.
The story ofthe row between maBnates
Of the whisky trust In Russell Sago's
oflcc, told to-day, wns read With inter
est BY Wall street mon, who havo been
wondering for several days what was
poinQ on il whisky trust circles.
Every one know that the trust
wanted 10 borrow 5000. 900, and wants
it now badly. But Uncle Russell"
doesn't elvo up evon half million, IN
less no holds the strings which he at
taches himself. Tho manaGers OF tho
whisky trust nre, tits said, in terrible
stew. Thoy have great lot OF whisky
in hand. II thcY don't got it out quick.
before tho tarifl bill becomes law, they
lose 20 conts a gallon for every gallon
uow In hand. ,,
To take ali their whisky out Of "Uncle
Sans pawn shop requires 5,0Oo,OVO IN
cash. And nobody will lend Ito thcm,
and thon CIevcland's action on the
tariff bill Is go uncertain. This 10 tho
peculiar sltuatlou In which tho whisky
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