New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-04-29
THE PRICES OF PROVISIONS.
HEAVY BUYING ORDERS BY HOTEL AND
RESTAURANT MEN.

Such rush OF orders as the wholesale dealers re,
ceived Yesterday for all kinds Of breadstuns ana
provisions has rarely been equalled IN years. Inc
increased prices OF tho last few days ara the re-
ports that they would be still further increase"
largely responsible for the big orders Every
body connected with either the wholesale or TO-
tail provision trade is studying the markets as ne
probably did before. and the buyers ana
sellers alike the alert to take every advah-
tage OF the slightest fuctuation In the prices OF
staple goods Among the big buyers OF provisions
yesterday. and. in fact for the last two or three
days. have been the hotel and restaurant men
Meats have by all odds received the most careful
consideration from these far-seeing people. ana
they have laid in immense stocks OF them. All tnls
has caused tho wholesale dealers 70 go INFO inc
market and purchase large quantities OF beer.
mutton. pork poultry game. Ash and salt ana
canned meats.
The cause ~ the great activity of the buyers
was the advance which has already been made IN
prices and the informa ton that prices or mea's
will go UP with jump next week II nor oeIore
Tho average increase in tho price Of fresh meats
has been about cent pound. so far. hut the
market yesterday was becoming stiner due 10
the small offerings and the hg demand Barrelled
beef Is getting exceedingly scarce. according 10
representative Of the Armour Company. and al
though II has gone IN from s. rs to sl 70 barrel
he declared that five hundred barrels or II coulo
not he bought Just now without much hustling on
the part of the wouldbe purchaser. II is said that
the cattle in the West holding their catt.e
for higher prices. and that they will continue TO
do 30 as long possible prominent wholesale
dealer in meats. however. told a Tribune reporter
yesterday that. despite tho sensational reports
printed IN some newspapers the public should not
become needlessiy alarmed over the situation. and
neither should people give way 10 INSCRIPTIONS re-
tsilers who might try 10 take advantage Of them
and raise prices higher than the market war
ranted n he declared would have been
somewhat rrobahv even II had
been war: will he meat famine. and prices
Will he governed IN the future nv the law Of supply
and demand MS they have been heretofore.
The furry In wheat yesterday caused the -four
dealers and bakers To with great caution It In
well known In the -four trade that the daily fuctua
tons in wheat unless they are Of a most pro-
nounced character. do not effect the -four market
as much rs the uninitlated public wou,d suppose
But the steady advance in tho price ~ wheat is
now having its effect. even with the largest mill
holders OF four. and they andling their trade
In most careful manner
The big baking firms have been lnrge buyers 81
four or late. and many OF thom have purchased
supplies which will last them FOR several months.
Inc large bakers in this city have taken no con-
cer'en action In relation Increasing the price OF
bread yet. either by Increasing the price OF the
'oa TE or by making the loavcs smaller.
ra me superntendent Of the O. X. Baking Com
ning some three hundred bread wagons said yes
ma,, ta' ms hakery had taken no action In the
sSm Just what The individual bakers might DO
ooin" OF th.ln nave large stocks Of -four on hand
ILL; anu even " hour continues rise they NAV not
i.sor"aSc ne price OF bread for some time with the
.u'a 'ntt ny not Joing they viii be able TO ac-
uui' more trade. II they succeed In making con-
,IdttS WIN hotels restaurants grocers and other
iarKr purchasers. whom they did not previously
We, thes nsure That when they do have TO raise
prlres lhey VII! he able to hold such trade be-
,gnusc there viii be nobody WHO can oufbid them
ne icar OF losing their trade makes those pagers
VINO nave not arse stocks or -four cautious IN rails
l.F prices. some small bakers who sell tho mos,
berIn s,Ock a, retail from their stores have
orhun 10 MAKE Their loaves smaller The ma forlty
vi t"'hl however. deny that they have taken am
nu,n action. and they have readily proyad {. ~,
"r a their loaves for all customers who do.
There were said be ONLY slight chanvo. In
prices IN the general line % groceries ves,erda -
from hos' already noted In The Tribune '