New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-05-10
PRICE OF BREAD MAY GO Up.
FLOUR AT HIGHER FIGURE THAN FOR
SIXTEEN YEARS PASTA BOON MAR
LOCALLY FOR ALI. CEREALS

A .,rong huuisb feeling all along the line marked
tho doings In the provision market Nosi"rday ana
every man who rad made Wig purchases some time
ago felt naturally ~ a most happy ram" o' nina
Those who aa-o .urciont lido capital IRE buying
more largely iusi now than usual. believing that
provisions are eolnc still higher.
The extraordinary advances IN the price OF wheat
caused CONSERVATION among he -four dealers ana
the bakers and g. also had n decided tendency 20
stiNcn The backbone OF the entire cereal ana pro
vision market. Then. again. beans took another bis
lump and the holders Of that favorite bostonNHc
product were in high glee. OF course. The chief
topic discussed hy the provision mon wos the hoGr
market and its future. There was noting strange
IN this a. -four went up IN hops skips and Jumps
Yesterday until II reached the higher, point In
nearly twenty years. The closing prices foT honr
quoted 10 a Tribune reporter by Austin. Nichols
& Co were IS 30 and s. barrel
This IS lump IA prices of sixty cents barrel
to-day said q representative OF the house. and
nobody can tell where 4 is going 70 end There IS
much talk heard q wheat reaching 81 and II X
does so will Slo-a- barrel -four The present
price OF -four IS the highest reached IN sixteen
YEAR. All Europe wants our wheat. and OF course
the war has also helped 10 boom prices Corn and
oatmeal and n fact all cereals are hgher IL
~ mpathy with tour In genera way mere has
or canned goods over those quoted IN the las, few
DAYS and sugars are sixteenth over today than
people are much Interested in the probable action
Of he bakers A rise IN the price OF bread a, this
lime would cause much distress among me poorer
classes more specially AS Thousands OF working
peopie have recently been thrown out OF employ.
men. IN this city by IN" present TammaNY ian
administration. The large baking firms. numbering
twentv or more, tha' hundreds Of bread wagons
all over this city Brooklyn and mo ota"r boroughs
belong 10 an association known AZ he bread
trust" Representatives Of A number OF he largest
firms such AZ Il.iSchmann & CO.. rockwell. and
tho q x Bakery. declared yesterdav that they had
a. vet taken action. and that they were selling
their bread the same prices as they ha1 all
winter on ne other hand. number ~
the grocers who handle brea said that while the
big baking firms had not raised the price Of the
bread loaves ;hey were making them lighter IN
weight.
seen by the reporter last night said that there had
been a meeting OF the association a. which m"
great rise IN The price Of wheat had been widelg
Siscussed but no action had been taken. He
crease the price OF bread lie added that many Of
,he big bakers had been large buyers Of -four UP
10 Nav l. but had stopped sine. then He said
that he had been advised by his -four dealers 10
hold Of ror n time AZ they believed hat wheat
woiIld 20 down in TO next few days. owing 70 the
rnn prospects for coming wheat croue. fully
Ter cent better than they were NJ this time last
,,ear ard that the acreage % spring wheat sOwn
~ nm exceed anything before known In the his
,orv OF the country. The -four dealers. he said do
not think that II will he possible for wheat 10 20
much higher.
There was no change in the price Of meats vester-
dey worthy Of notice or In the price OF fresh fsh
salt nsh was firm and II was reported that the rise
IN nrice since the began about s. a
harr