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WAR AND THE COST OF LIVING POSITION IN AMERICA.

(FROM OUR OWN COhRBSPONDBNT.) SAN FRANCISCO, 13th Feb. Not only war countries are feeling the pinch of food prices. In New York and oiher large cities the price of a loaf op bread has been advanced. As a consequence, demand is being made all over the countw for an embargo on the export of y.ueat and flour. The farmer is blamed in some quarters for the situation. He is said to be holding supplies at their source, refusing to sell at current high prices on account of th© wav and the higher rates that export wheat might bring. The National Master Bakers' Association has asked the Government to prohibit the exportation of wheat for ninety daye. It is reported that profit from the bakery business has materially diminished Bince the price of flour was raised. A specific fact cited in support of the assertion is that in Chicago 360 bakers went out of business during January. The bakers of New York state that for some weeks before they advanced the price of the loaf they were conducting business at a loss. The Government is to be asked to investigate, and if possible prevent, (speculative dealing in wheat, which is alao a factor in the situation.

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https://paperspast.natlib.govt.nz/newspapers/EP19150309.2.61

Bibliographic details

Evening Post, Volume LXXXIX, Issue 57, 9 March 1915, Page 6

Word Count
214

WAR AND THE COST OF LIVING POSITION IN AMERICA. Evening Post, Volume LXXXIX, Issue 57, 9 March 1915, Page 6

WAR AND THE COST OF LIVING POSITION IN AMERICA. Evening Post, Volume LXXXIX, Issue 57, 9 March 1915, Page 6