The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1914-08-10
FOOD Y PRICES
JUMP UPWARD.
At WHOLESALE
Local Grocers, However,
Hold Prices Down as Long
as Supply on Shelves
Meets Demand.

Through the fairness shown oy
dealers in the city, Richmond cltlzehs
have not felt the unprecedented rise
of prices on practically thirty-tlve per
cent of goods which groceries SELL puI
when the local supply is exhausted
Richmond grocers will be forced 10
meet the raises.
Elmer e. Eggemeyer stated today
that the citizens do not realize anu
therefore cannot appreciate the 1acs
that the selling prices on goods OF
that character are entirely 1ncohslsv
ent with the present market prices.
AS an example, he quotes the sugar
price. Sugar has been and still IS re-
failing for $1.35 a bag. This was on
the basis of the wholesale price nine
days ago. Since that time the whole
sale price has jumped from $4.4o TO
$6.25 cwt. in carload lots.
Beans Go Upward.
Retailers ask that the consumers 90
not try to take advantage of the s1tua-
ton by trying to buy stuff in large
quantities. Dealers are In position
to advance the prices any time, put
If the consumers will not try to force
the demand by purchasing large guam
titles, they will not pay more While
the present supplies last.
Beans have kited in few days
from 1920 to 1919, this mornings
market price in carload lots whole
sale, an increase of just ninety-nlne
cents. The concentrated demand on
beans Is said to be the cause.
While coffee, especially cheaper
grades, has raised from two to five
cents on the pound wholesale, Mr..
Eggemeyer believes the prices will re-
solve themselves down to the old basis
when ocean traffic to Brazil is again
opened. Big standard houses are
holding down the price but will sell
only in limited quantities In order to
keep their own supplies at present
prices.
Expect Sugar to Fall.
The price of sugar like that OF
coffee, may be brought down some
what. The influx of Michigan beets
which will occur about Sept. prob
ably will have some effect and 1t Is
reported that the cane sugar supply
in Cuba is bigger than ever before
The question however. is not the price
but the means of availing themselves
of the products with the limited trans
All imported stuffs have gone up
In fact the grocer can add twenty-five
to fifty per cent on the price of thirty
five per cent of everything domestic
or imported, that he handles but they
are holding off because of the fairly
good stock on hands.
An importer in the city today sait
that today's quotation showed ad
vances of fifty per cent in mushroom
and pimentoes imported. French ant
Italian olive oil, French nuts for tn
Christmas trade, imported sardines
marmalades and French peas are al
booming.
Local canned goods are not affected
as yet but there may be slight in
creases due to manufacturers takin;
advantage Of the concentration of de
mand on the domestic product.
Imported cheese which was pul
chased July 10 at twenty-nine cents
pound in 1,500-pound lot is now quo,
ed at forty-one cents. Cocoa is Sellln
at raise of four cents a pound.
Every day sees new changes in tn
prices and the quotations of today ma
be unrecognizable tomorrow Mater
ial changes amounting to revolution
may take place in the wholesale quo
tations by the end Of the week an
shortly retailers will be forced to as
the higher prices.