The weekly times-record. (Valley City, N.D.) 1912-1922, 1914-08-27
EUROPEAN WAR
SENDS PRICES Up
Cost Of FoodStuffS Shows Ad.
vanceS In United States.
IMPORTS ESPECIALLY HIGH.

This Country Large Enough to Con-
sumo All Of Ito Own Products and
Does Not Rely on European Market
EntireIy-Much Meat 10 Shipped "a
England, However.
New York.-The United States faces
a sharp rise in the price Of food sta
pies at the end Of the first month of
continental warfare. Wholesale and
retail dealers have been forced to send
prices flying up. This is chiefly the
case in commodities shipped to Ameri-
ca from European ports. but true also
In many American fcodstufrs. for
which there is now pressing call
from Germany. England and France.
Reports from the distributing houses
indicate that the prices Of bacon. ham
and other meats have been boosted 10
per cent owing to the fact thut large
quantities have been requisitioned for
shipment to the British Isles. Retail
dealers say that olive oil. which Is
made chiefly in France and Italy. had
gone up 80 or 40 cents gallon and
that the supply would soon be e.
hausted.
The price Of graduated sugar in the
wholesale market was advanced. hav'
ing made gain Of more than Il cent
pound since the beginning Of the up.
ward movement. The removal Of for.
eign competition and the fact that
Great Britain has sent into local mar
kets for supplies was given as reason.
In addition to q heavy domestic de-
mand.
It was indicated that dealers had TAX
en- advantage Of the situation to add
here ami there on articles In which
there is not ut present. and may never
be, shortage sufficient to warrant nd.
ditional prices. In the case Of tea and
coffee. both shipped from abroad. there
are said to be large quantities on hand
Owing, however. to the high rate Ut
marine insurance. it Is reported that
the price on these staples Is also ab0nt
to advance.
An officer of the American Cotton Oil
company stated that the south's aver.
age annual output of edible oils re-
fined from cotton seed was 100000
barrels. This supply is converted into
substitutes for lard. into cooking oil.
into oleomargarine and salad oils.
While the American cotton oil CON-
panies are large exporters to Canada.
England. Germany. France. Austria
and other European countries, officials
say that they are not worrying over
the shipping situation.
I'm case of necessity" said one off,
cial. 1.-The United States can consume
all Of the 100000 barrels Of edible
cottonseed oil manufactured from our
own cotton. As for our supply. we are
still working on last years average
crop, and we have abundance to last
until the fine crop now in the ground
has been harvested"
A grave addition for the householder
is in the case Of -four. which has ad-
vanced sharply since the outbreak OF
the Austro-Servian quarrel. Peppers.
spices, mushrooms. bacon and sardinr~
are all bringing higher prices to the
grocer.
The scale Of prices showed an i'm.
mense rise in foreign wines. Grocers
say that they are paying Sc a case
more for imported champagne than a
month ago and that they have been
forced to make corresponding addi.
zion to the retail rate.
1t was said that victory Of the Eng.
lish feet In the North sea and the com.
plete destruction or effectual boiling
up Of the German naval forces would
be Immediately felt in the food mar.
Eet.