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Newspaper Page Text
FLOUR KEEPS SLIPPING THE
WRONG WAY WAR BLAMED
Flour is now $6.90 a barrel. About
every three days lately it is taking a
jump of 20 cents, upward. It is now
$1.70 higher than" when the war
Feverish gambling is on at the
Board of Trade. Every speculative
sport who has a little loose change
wants to bet on whether enough ships
will be found to carry America's
grain surplus to the hungry nations
at war. If the ships can be found
every buyer of grain who can deliver
for export will make a clean-up.
Of course, they're not buying much
real wheat down there in the pit at
the butt end of LaSalle street. They
are just putting their bets on how
high wheat will go.
With flour going higher every day
and the English war office saying the
war will run three years, there has
never been so much excitement in
betting on what will be the top-notch
This game played in the wheat pit
and its effect on the market prices of
flour and bread is being looked to by
federal investigators, according to
U. S. Dis't Att'y WHkerson.
One more reason for higher prices
came out yesterday. Wheat exports
in July broke all records and more
than doubled over 1913. Clearances
from U. S. ports in July were 30,000,
000 bushels this year, as against 13,
000,000 a year previous.
Such immense amounts of wheat
going to Europe in July before the
war was declared is taken as signi
ficant that some nations may have
known war was coming and were lay
ing in bread supplies.
The municipal market commission
is meeting this afternoon. Frederick
Rex, municipal reference librarian, is
showing the commission how school
lands may be used for operating mar
kets. He shows eight sites handy
any time the city authorities want to
get down to real work at solving mar
ket troubles. Rex's figures show the
population and the number of fami
lies living within a circle of one mile
around each site he has selected.
Mayor Harrison has now come out
definitely in favor of municipal mar
kets being started in the more crowd
NAVAL LOSSES TO DATE )
Destruction at sea during the first
month of the general war has been
greater than the naval losses during
the entire Spanish-American war
when the value of the merchant ves
sels captured is taken into considera
tion. The cost of these vessels with
thei cargoes, in many instances very
valuable, must me added to the war
ships that had been destroyed.
The following are the naval losses
thus far reported:
Aug. 3. German and Russian
fleets fight off Aland Islands. Rus
sians reported to have lost one ship.
Aug. 5. German mine-layer Koni
gen Luise sunk by British torpedo
boats in North Sea.
Aug. 6. British cruiser Amphion
sunk by mine in North Sea.
Aug. 9. German submarine sunk
by British cruisers in North Sea.
Aug. 14. German cruisers Goeben
and Breslau sold to Turkey to escape
Aug. 16. Austrian cruiser Zeata
sunk off Antivari, Montenegro.
Aug. 17. Unnamed German dread
nought reported out of action and
ashore at Trondleym, Norway.
Aug. 17. Austrian battleship Zrin
yi reported sunk by French warships.
Aug. 26. German cruiser Magde
burg blow up by her commander in g
the Gulf of Finland to avoid capture. w
Aug. 2,7. German converted
cruiser Wilhelm der Grosse sunk off
West African coast by British cruiser
Aug. 28. Austrian destroyer sunk
off Corfu by British destroyer.
A dash of ground cinnamon added
to chocolate ice cream gives a pleas