The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-08-15
ADVANCE IN MEAT PRIC ES
Worcester People Will Not
Feel 1t as Much as
New Workers.

The advance in most prices of meat
in markets hereabouts is not so marked
as in New York, the average being but
about one cent above last weeks quo
tations, and the dealers say that there
is no danger of their going higher
This morning 80 cents is asked for the
best sirloin and round, an advance of
about 2 cents, and according to the
meat men, that is as high a price as
they can safely ask. If they try to get
more, they will run the chance of hav-
ing lot of beef on their hands The
rise in wholesale prices, according to
the men in the markets, is not due to
the beef trust, or as they express it, the
big four" but is due to the demand
for good beef being much greater than
the supply. 1t is well nigh impossible
for dealers TO get all the high class beef
they want, as there is a great scarcity
of cattle throughout the west Every
year at this time there is a slight rise
in the wholesale prices of beef owing
in part to the small number of cattle
at the end of summer, and also to the
greater demand in New England for
good beef, caused by the city people
moving in so great numbers to the
summer resorts. These people are usu-
ally well to do, and they want the best.
This causes a greater demand in this
section, of which the wholesale dealers
west are quick to take advtange What
beef is coming into the market now
from the west is grass beef of a second
rate quality. And unless the wholesale
price goes up to point unprecedented,
retail buyers have but little to fear.
Howard, Crosby & Co.'S Boston Letter
Boston, Aug. 14.-Wheat opened firm,
52c. over Saturday $ closing price; the adj
a source of much satisfaction to bull OPP
orators and insured a strong opening here
which afterwards followed; Liverpool also
showed additional strength after the
were about 1000,0oe blu. less than last
week; northwest wheat receipts were
light at 295 cars. against 439 last week and
4O9 the same day last year. The early
trade was mostly of a local character,
awaiting the visible supply statement
which was eventually given out as a de-
crease of 1S60OO bu.; as it was not expect
ed to show much change this also helped
TO strengthen the market Today was a
holiday in Antwerp and Paris, but the
weather in France was reported fine
Prime telegraphs, There has been a very
decided change in the temperature and
IN nights are unusually cool for this sea-
son of the year" Minneapolis reports a
light frost in northern Minnesota. The
Il
pede of short interests; reports of further
damage and reduced Yield decreased re-
celpts and predictions of a further falling
on, as well as moderate cash inquiry at
the seaboard was sufficient to promote
buying for both accounts
The stock market opened strong under
the stimulus of improved condition of the
banks and the exhibition of strength in
the beginning of the fortnightly Settle
ment in London. There We're some ex-
eeptions, prices receding for p. NJ. b. R.
I. and the higher priced grangers. There
was sharp advance in c. & G. W., in
iluenced by the recent sharp rise in the
debenture stocks. The sensational feature
dications almost of a corner; the other
steel and iron stocks were generally
strong: Manhattan was weaker on its
monthly statement, and the railway list
was somewhat off on professional bear
pressure. London prices coming higher
had a favorable effect, American secrri-
ties there displaying increased firrnness
and activity. The movement in United
states Leather common is said to be on
perfume In assisting the upper leather
combination. 1t is stated that the p. O.
20. Will soon make dividend on Man
haitian Oil stock. There is a small but
confident short interest in w. IT,; renorts
snow that the company Is barely earning
Its dividends. Brokers who have baaS
watching trading in M o. p. carefiIlIv
say that the stock is stronger than al anyy
time IN the past year. There was consid-
cradle picking up of Anaconda Ex5ie-
nations regarding Saturdays bank state
ment We're more numerous than convinc
cent. ~ pei