Rensselaer Democrat, Volume 1, Number 7, Rensselaer, Jasper County, 27 May 1898 — Price of Bread Goes Up. [ARTICLE]
Price of Bread Goes Up.
Bread which has been retailing in Chicago for 5 cents a loaf now costs 6 cents. Tills agreement was signed by one-fourth of the bakers of Chicago at a secret meeting. The Cause of the advance in prices is the increase in price of wheat T'he agreement compels the bakers to sell one-pound loaves at 6 cents and twopound loaves at 12 cents until further notice. There are 200,000 loaves of bread used daily in Chicago, so that the retail purchasers will pay $2,000 per day more for bread.
