The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1914-08-25
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 Its Own Products and
Does Not Rely on European Market
EntireIy-Mueh Meat Is Shipped TO
England, However.
New York.-The United States faces
Il sharp rise ia the price OF food sta
pies at the end of the first month OF
continental warfare. Wholesale ana
retail dealers have been forced 90 send
prices flying zap This is chiefly the
case in commodities shipped Ia Ameri
ca from European ports. but true also
In many American foodstu1s. for
which there is now a 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 that large
quantities have been requlsitioned for
shipment to the British Isles Retail
dealers say that olive oil, which Is
made chiefly in France and Italy, bad
gone up 80 or 40 cents a gallon and
that the supply would o 0 be ex
hausted.
The price of graduated sugar in the
wholesale market was advanced. hav-
ing made "a gain of more than IA cent 81
| pound since the beginning of the up
ward movement. The removal OF for
| eign competition and the fact thai
| Great Britain has sent into local mar
kets for supplies was given as a reason
| I'm addition to a heavy domestic de
| mand.
1t was indicated that dealers had TAX
en- advantage OF the situation to add
here and there on articles in which
there is not at present. and may neve
be. Il shortage sufficient to warrant al
ditional prices. In the case IT tea ana
coffee. both shipped from abroad there
are said to be large quantities on hand
Owing. however. To the high rate of
marine insurance. il is reported that
the price ON these staples is also abonl
to advance.
An officer of the American Cotton Oh
company stated that the south's aver
age annual output of edible oils re-
fined from cotton seed was G00o.0Fl
barrels. This supply is converted into
substitutes for lard. into cooking oil
into oleomargarine and salad oils.
While the American cotton oil com
panies are large exporters 30 Canada
England, Germany. France. Austria
and other European countries. officials
say that they are not worrying over
the shipping situation
"In case of necessity" said u OH
cial. the United States can consum
an OF the 3OOO.0O0 haFra' of edible
cottonseed oil manufurtG Cd from on
own cotton. rs for our supply. we arr
still working on last years ayerag,
crop, and we have ahuudauce 10 lasr
until the fine crop now - the ground
r.as beer + rvested
A grave EDITION for the bouseholde.
Is In the case of -four. which has H7
vanced sharply since the outbreak %
the Austro-Servian quarrel Pepper
spices. mushrooms. bacon and Sardiip
are all bringing higher prices to th.
grocer.
The scale of prices showed an ina
mense rise i'm foreign wines. Grocer
say that they are paying 81 a cas-
more for imported champagne than
month ago and that they have bee
forced TO make Il corresponding add
ton to the retail rate.
1t was said that victory Of the Eng
lish feet In the North sea and the CON
plete destruction or effectual bottlin.
} up of the German naval forces woul
, be Immediately felt in the food mar
ket.