The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1900-07-19
Trusts Take Quick Advantage OF
the Chinese Trouble Ia Make
Money.
COFFEE, SUGAR AND TEA UP.
Even the icrman Points To tn" Far
East Ia Explain Sixty
Cents a Hundred
Pounds.
lsEFTUI.IC STlc,TAI..

KEFT HIIy STECIAI.
New York. July Is Prince Tuau la"
MANY sins 10 answer fer brfor" and after
his cv~utful drcsplfatlou iu Peiin, hut IL
Is doubtful IL h- ever suspected that n"
would be used ae shield 10y the modern
! American Trust.
Yet # H. even 50. The iceman. in de-
| n,audirg Go cents a hundred pounds for his
frozen merchandise. will tell You her" In
New York that the ''E"x-rs' are to blame.
These yellow devils have massacred scores
of Christians ana the supply Of i'e has
been diminished IA order ina, the vast ar
mics sent against Tuai's m'nious may have
food delivered TO them In the Far East
rha; IL lit ~ eat.
/; - the same with the grocer. WHO eN-
plains Ilaudly that the war in China has
stopped the expectation nf tea ana that.
consequently. 'his staple has risen IN price
When II comes to coffee and sugar. You
hear The same story These things likewise
ere needed 10y the. armies in 'hirh ana
the trust has taken advantage Of the stu
alton Ia restrict the supply and raise
prices.
We are therefore. on a war footing with
fA,. !cemar ana th, srucrr- aud the end i
not Yet. Sugar has been advanced st"3di-
" Dy the American Sugar Company ana
A:tuCille Bros. acting In concert. unit! To-
day the Wholesaler j. asked 20 pay b-lo
c"nts for the cganulatcd article
With the preserving season close at hand
further advance Is anticipated and deal
erS who discussed the subject To-day eN-
pressed the opinion that granulatei sugar
would touch &C pound, wholesale, before
the middle of August.
coffee. too. has risen steadily IN price
Today the Arbuckles, who DO Il 'rsm"n-
do,s business in package coffee. advanced
the price TO the trade PC a pu.lnd, making
the net price PKG.
For tea drinkers the worst l. yet to come
The tea syndicate il not quite sure "i its
ground a. yet hUt Their" j. little a"ubt
iha; when the WIT IN china Develops a
little farther the price of tea VIII be an
yauced sharply. Even now the Wholesalers
are asked 10 pay ouv-thiri 81 a cent
pound more FOX average grades than they
Were a week OF ten days ago.
IF this war in china continues" said one
dealer. people will have To pay 81 a pound
for the common grade Of tea. anu II WI!
not be- uvrr-pleniiful at that. There Is
Jri,. :, supply of tea in The warehouses OF
England and the United States. hut If
the war keeps ~. war prices will BE- de
marde.."
CoincIdent with these upward movements
in tea. sugar and coffee. cotton hal another
bulge TODAY. although the logic OF Inc SIT
uati.n rather favored the bear party. Prices
advanced rapidly after the opening "f TIE
local exchange. and spot cotton sold readily
At loo pound.
The bear argument that the chinese NAY
and probu bl. defamation 81 the 'hin"~' D
would destroy tie market for cotton goods
in the Far East, had no effect upon quota
lions, which were influenced wholly 10y
Neil.'s cir.Jar. stating that the crop haH
been irreparanlv damaged. The bears were
caught short Of cotton here AMI "A lively
session .nsueJ. during which prices were
carried forward to the highest point 81 The
year will. tn" exception or the ~tDsationa!
bulge OF a month ago. wien options ga tL-
early months crossed 1pv.