New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-08-28
BREAD FIRM AS
FLOUR PRICES SOAR
Bakers Say LoaveS viii
Remain Unchanged for
Several Months.

With -four quoted at s. 90 a barrel
yesterday the highest point it has
reached in ycars-Huco Fredericks,
president Of an association of whole
sale grocers. promised that bread would
vary neither in price nor weight for
months to come. Mr.. Fredericks was d
witness before Magistrate McAdoo in
the inquiry District Attorney Whitman
IS making into food prices. dozel5
other bakers We're IN the room, ana
they nodded assent as ne spohe' .,
"The bakers are on the trlng une'
said Mr. Fredericks. Dealers ln any
other commodity can increase their
prices when the cost OF production m
crea,es. The bakers cannot. Every
one eats bread. II we raise the price
OF reduce the weight there IS ire
mcndous cutlery.
~ believe that ] speak for al the
bakers when ! say that not one OF them
has any intention Of raising prices or
reducing loaves for the present. by
the present ] mean several months.
+ So. John Taylor, dent OF
6 Cushman & Sons, bakers, sald INA
mo- ofhor busiucss was pared so closely
Inv connection. Flour. butter, lara ana
.',rsr lad advanced. he said, and u the
advance continued 10 was mercy
question Of time before bakers eitneI
raiscd the price Of bread or went Out
Of business. IN.
". p. Tanner, agent for -four mills,
e++rihuted the immediate rise M Wheat
nrices which followed the declaration,
az war TO the efforts of those VINO hao
sold wheat short anticipating an ehoi
nous crop and low prices.
A strong intimation that there was q
Ga combination Of packers, VINO Wou!d
brook no competition was conveyed, u!
Jacob Block. q retail butcher, VINO mas
becp i'm business here for twenty-elght
lIr Bloch was interested in the New
Work Rrtcbcrs' Dressed Meat Company
cooperative slaughter house when
was established by New York butchers
i'm 1904. and purchased four years later
bv Armour & Co. 49,,
PACKERS were quoting such hlen
rr.coe that we had 20 DO something,
.si3 Mr.. Bloch. 1--WE decided TO XII
our own meat. For three and nan
,ser. We lost money steadily. Ihtn
,re sold out 40 q loss. As soon as our
nlaut was in operation the packers
priccs came down. Finally they were
selling dressed beef cheaper than we
could buy the cattle
George " Perkins, chairman OF inc
MAYORS food price committee IS IN
able 10 give q definite answer 10 thosC
who ask IL q national embargo woull
not help the situation.
eft is ii nice question: sald MI
Perkins. Undoubtedly the situation Dc
crave. We must bear in mind that We
owe enormous amounts IN Europe an1
we must pay either in gold or IN 1000
supplics. II we declare an embargo
and pav our foreign debts in gold
money TO buy provisions, no matter
how low the price. viii be scarce.
There was q general increase OF
from one TO three cents pound IN fish
prices yesterday, apparently bearing
out the rumOr Of a fisheries trust Mr.
Perkins. however, has received letter.
saying that his advice 20 eat fish in
stead Of meat has increased price.
somewhat.
Borough President Marks is adver
Using his four new city markets which
viii Open Tuesday IN spite of the hold
ing up of a $4,000 appropriation
granted by the Board OF Estimate. Ii,
viii invoke the aid Of moving pictur,
shows, country newspapers and stree
car advertising agencies. For farmer,
who can't bring in full load OF sup
plies a freight trolley service will b,
instituted from Queens across IN,
Greensboro Bridge.