Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1919-07-14
RETAILERS Will
STAND RISE OF
PREPARED FOOD
Conditions Approach Normal On
Wool Market While High Prices
Are the Rule.

Prices on all scratch, poultry
and stock foods of a prepared ma.
ture are due to take the air within
two weeks, it is stated.
Retail dealers were notified by
jobbers dealing in these manufac-
tUred foods late last week that
wholesale prices were from today
to advance IS on the ton, OF 80
cents per hundred pounds as the
minimum rise on all such pro-
ducts. Scales of the new whole
sale prices illustrated that in most
instances the rise was more than
So, and in some cases up to 81 or S.
1t is generally understood, and
the iobbers so limited in their COM
munications, that the increased
price is due to specializing on the
stock exchange. Some one is
making a killing" one retailer
averred, land we have to pay for
it."
1t will be a few days before the
consumer will notice the increase,
as retailers are going to wait for
another jump before advancing the
retail charge. The rise is totally
uncalled for from the ordinary eco
nomic point of view, as the supply
on hand of corn and oats in partic-
ular as well as other grains, is suf-
ficient to satisfy the normal de-
mand until far past this years
harvest. The coming crop bids fair
to be a good one also. The rise
will take place nevertheless, how
ever.
High prices are being maintained
for choice wool, particularly med
ium and finer grades, according to
the detailed wool-market report
just issued by the bureau of mar
kets, department of agriculture.
Buyers are showing a willingness
to pay for quality, Some large OPP
orators have shown a hesitency to
purchase the new clip at prices
asked by the. producer, while 9TH
ers are free purchasers. In some
cases lower prices prevail in the
seaboard markets for the same
class and grade of wool than at
country points. That conditions
are again approaching normal is
indicated by the fact that on May
l about SO per cent of the wooden
cards and spindIes and Is per cent
of the worsted combs and spindles
were in operation, compared with
approximately 70 per cent and 65
per cent, respectively, for April.
The machinery on government or
ders is a negligible quality. Wool
consumption decreased steadily
from the time the armistice was
signed until April. The figures for
April exceeded all previous months
this year, and showed an increase
of 80 per cent over the preceding
month. The May series of London
wool auctions closed with ad-
vano>s from 5 to 10 per cent for
choice combings, and crossbreds
recovered and finished firm. Dur
ing the May series 100000 bales
were offered. and only small por-
ton were withdrawn.
Quotations.
The wool quotations follow:
Bright fleece woods, Ohio, Pennsyl-
vania, West Virginia, Michigan,
New England states and similar
wooI-fine Delaine, SO to 70 cents;
one-half blood staple, 81 to 20
cents; one-fourth blood staple, So
to s. cents: low one-fourth blood
staple, 40 to Al cents; Indiana, Mis-
souri,, New York, Illinois, eastern
Wisconsin, southeastern Iowa, !
northern Arkansas, and similar
wools-fine Delaine, so to sc cents; !
one-half blood staple, SO to IS !
cents: three-eighths blood staple, |
Sc to So cents; one-fourth blood
staple, SIS to 60 cents; low one
fourth blood staple, SO to As cents; |
wool, western Wiscon- |
sin, western Iowa, Minnesota, parts |
of Kansas and Nebraska, and North |
and South Dakota-f1ne staple 81 |
to 60 cents; one-half blood staple, |
80 to SIS cents, three-eighths blood |
staple. 40 to SIS cents; one-fourth |
blood staple, AS to 53 cents, low |
blood staple, 81 to A !
cents; southern wool, clear wool,
SIS to SO cents; light BURY, so to
81 cents; medium BURY, 81 to 40
cents; hard BURY, % to 30 cents;
territory wooI-Idaho, Wyoming,
Montana and Utah, graded, one
half blood staple, 55 to So cents; |
graded one-half blood clothing, A
to So cents; graded three-eighths
staple. 81 to So cents; graded three
clothing, AZ to 40 cents;
one-fourh blood staple, 46
to So cents; graded low one-fourth
blood staple, 40 to A cents; Texas,
IL months fine, 8 5to 49 cents; 6
months fine, SO to As cents; Cali
fornia IL months fine, 46 to 81
oonta. & months fine. "a to "a cents. |