The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1919-12-16
.&AUGHT' But GLOOM
IN PRICE OUTLOOK,
FOR BREAD ShNb0RN

VII OJttiS1O OHuvOOulIv
~ WILLIAM r. sANsoRN.
We have good authority for the !
statement that: "The people Of Rich. ]
mond are served with the best bread
IN the world" And more than this: ],
ut Is 80 fine that II the people Of Gin /!
cinnat should ever be served with
Richmond bread. they would mistake
It for pound cake"
Who says 80? Well. man closely
identified with a Richmond baking
concern; q man who eats his own
bread. He tells us that a baker for
merly located here is now working in
Cincinnati at the trade, and when he
gets hungry for real bread, he takes
day OF and comes to Richmond to
eat loaf or two ut his leisure.
All Of which IL simply preliminary
to stating that flour has gone up. 1t
has gone 50 high that master baker
tells US that the local bakers are
going to lose money If they do not
raise the price to SC to dealers after
January l.
Flour has advanced 81 for adver-
tised Minnesota patents IN the past
three weeks, against 40 cents per bar
rel on some Of Richmond's most popi-
lar brands It will be remembered
that the food administration did not
limit the price one might pay for
wheat, above the minimum at which
Uncle Sam stands ready to buy every.
thing offered, according to grade. II
you feel like paying IS per bushel for
wheat. 60 ahead.
This explains why Minneapolis mil
lers are paying $40 and up for No.
1-,dark- Northern right now. with q
chance that it will sell later around
"a per bushel, for the very limited
Amount Of that fine quality available.
Fancy Patent Prices.
The fact that the best Minnesota
patents are costing retailers $lb.26 per
barred. or better, today, In small lots.
and that spring wheat 10 selling away
. over the minimum, 10 explained by
the fact that the chinch bug and other
pests, also unreasonable weather. not
!: only reduced the quantity but also
the quality of the crop and but little
really choice grain has come to mar
! ket. II people will have fancy adve-
4 tised brands, then they must pay the
Z, price, REGARDLESS Of the fact that hun
> dreds Of mills throughout the country
4 are making first class flour at much
lower prices.
:. Indiana wheat has the largest con-
/. tent Of gluten ever known. this year,
80 much indeed, that the millers Of
spring patents at Minneapolis ar6
buying our wheat to "strenythen"
their fancy brands, and a shipment
/ OF 10000 bushels of Hooster wheat
was sent north from Indianapolis re-
I Gently. and for the first time In In
diana history. although considerable
{ Kansas and Nebraska winter wheats
have always been bought by the Min
neapolis mills.
Kansas wheat Is also very. fine this
year; said to be the best ever. The
usual discount Of q dollar or SO a
b barrel on Kansas floureis not the rule
Z new. Kansas flour has advanced 80
greatly that a Richmond baking con-
@was bought early, on which they could
now make $4,000 by the sale OF the
fi1ur, which is more than they can
4 make out of the shipment after bak-
4 ing it.
Uncle Sanr Offers Flour.
y Seeing the trend in prices the grain
Incorporation is trying to protect the
people and to cut the H. G. l.. 1t has
]. recently offered to sell straight
iflour in car lots Mt $1O.43, for vs.
in paper: at $1,000 in Ms and rs IN
Z cotton. and at s10.25 per barrel ip
jute bags, this to the Chicago retail
q trade. Higher prices are charged for
less than full cars.
i 1t Is said that Uncle Sam does not
wish to open stores and tobbers are
= asked to cooperate and some at Chi
cago and in other large cities have
agreed to do so, providing the flour
may be returned II unsold. The flour
is all right, a good straight article
: Of hich millions of barrels have
been used abroad in the last two OF
three years, the only question being
lido you want to use it and save
money" and will any Richmond Job
Der afford you the opportunity
= We do not know 1t to be true bu
: it has been stated by those who should
=, know, that the government has beer
q asking a considerable profit on some
of its wheat in store at eastern
points; from 35 to As cents per bushe
in fact. This does not appear reason
able in view Of the government
claims and its idea Of keeping tn,
cost Of living down.
Taking broad view of the situation
the "low" on -four for some time t,
. come. This is in view of the yer.
large reduction in winter wheat acre
age, and OF a bread-hungry world
Condition of the growing crop Is ratt
err unfavorable. compared with norma
years, and the worst season is yet t
= come. =.
What may be done as to sprin
acreage is a problem. but 1t will b
very large under favorable condition
for planting, should the winter GRO
show much deterioration during tn
season for spring sowing.
At the moment it looks as If tn
letting down the bars by the govern
ment, for the next harvest, and tn
opening of the markets to speculatio
in wheat, at that time. may result i
higher prices for wheat. and as Their
will then be no restriction on flou
prices. presumably, no one can for,