Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1917-09-01
RADICAL CUTTING
Of BREAD PRICES
NOT LIKELY SOON
ANNOUNCEMENT MADE BY Al
MNIsTRATOR GIVES BIT
LITTLE kDPE.
FORMAL STATEMENT GIVEN
Price of Flour should Drop Several
Dollars Barrel But sixteen
ounce Loaf of Bread May he
Ten Cents.
~ Associated fress
WASHINGTON.

By Associated rres
WASHINGTON, Aug. 3l.--Pros
pects of an early and radical reduc-
tion In bread prices apparently van
ished tonight when Herbert Hoover,
the food administrator, announced
that the best the public may expect
Is sixteen ounce Loaf for ten cents
or possibly cents.
The eight cent loaf OF sixteen
ounces is possible, Mr. Hoover said.
It bakers, retailers and consumers
unite 20 eliminate wastelul disuibu-
ton methods aud cooperate 10 at
tain q standardized loaf.
The price OF family flour, Mr.
Hoover said. should be reduced at
the present price Oi wheat at least
two or three dollars a barrel Bak-
ers flour, however, will sell little
cheaper than al present.
Slight Reduction.
G.. T. COrby. who is serving for
the bakers OF the country as a yolun-
tary aide 10 Mr.. Hoover. said tonight
that sixteen ounce loaf Tor ten
cents would represent a slight rcduc-
tion in present prices. Standardiza-
tion be said, would be hard 70 brina
about, since VARYING costs In ingred
tents that 10 into bread have made
II necessary 10 increase or reduce
the size OF the loaf
No move will be- made toward
price reduction. Mr.. Corby said un
Ill the food administration has an
nOunced it's plans Tor dealing with
the baking industry.
II may be a month before the pro
gram is ready Il was learned TO
night
Bakers WIN Cooperate.
The bakers have been and ar,
holding themselves In readiness,
said statement by MIR. Corby. "tC
effect the conservation uf wheat
They have been cooperating with Mr.
Hoover and have supplied data an,
facts to assist the food administra
tion In perfecting It's plans relative
10 bread
The bakers respectfully reques
the public TO disregard the man,
ridiculous statements about bread
omanating from unreliable source
and ask that they await the an
nouncement OF the president rela
tive to the nations pl ms Tor brea.
production
Members OF the wheat price com
mittee which recommended the pric
OF $2.20 fixed by President Wilsol
for wheat. declared after their worl
was ended. that the committee wa
convinced II Nas possible 10 max
and sell fourteen ounce loayes O
bread for five cents.
VIII Hold Down Profits.
Millers have agreed 20 hold thei
profits on flour 10 % cents a bar
rel Under this agreem'nt. Nj
Hoover said flour should retail /
New York from SHE 10 $i2.75
barrel The price OF bak pateu
flour 10 small bakers and retailer
he said should be- from SlU.35 {
Sll.25.
The average retail price Of famil
patent IN New York from April I
August has been 1886. ~ pre-
ent bakers patent Is selling IN Ne
York 10 iobbers az SlOG5 while
would make u cost small bakers an
retailers about Sll.
Mr. Hoover made o. clear that ui
der the food control act. except
isolated instances. the food admit
.stration has no control Of prici
from the time flour reaches N
wholesaler until 90 Is etold by bake
and retailers rs bread
a price reduction can 1c accor
plisbed only bv voluntary action .
bakers and retailers and by the a
Continued on Page Eight