The San Francisco call., 1906-06-01
SALE Of FLOUR
STILL DELAYED
Millers Object to Clos
ing of the Deal at.
S2.25Per Barrel.
Finance Committee to
Withhold Opening
g. the Bids. -

Yesterday afternoons session OF the
finance. committee was devoted wholly
70 the consideration Of the -four ques-
tion. Strenuous objection wassnade by
the American Milling Company. the
Globe Grain and Milling Company and
by V. Grothwell, representing. NUM-
Der of milling interests. TO the con-
frmation Of the reported sale. of some
10000 barrels Of -four to the .sperry
Mills. McNear and SchwFabacher at S2.25
g barrel.
President W E Keller of the Globe
Milling Company addressed the com
mittee. saying that the IRE has cur
tailed the output at least two -thirqs
and that the loss in manufacture VIII
amount 10 fully 10000 barrels lie ob-
5ected TO the idea of exporting -four on
the ground that il will be needed in
California. In answer: TO the statement
that many people have left san Fran
cisco. he replied that they had not left
the State and that they would require
Attorney Charles P. Eels spoke in be-
half of the three mills that put in the
bid at S225 a barrel urging that the
committee should not demoralize. the
local market and that it should require
the goods TO be exported. He insisted
that the committee had already made
the sale and that it was too late TO talk
about resembling.
In response TO a question as 20 the
OFi gin of the idea Of selling the -four.
Mr.. Pollok said. the invitation came
through the McNeaTS OF the. Port Costa
Milling Company and that McNeaT had
said he represented 95 per cent Of the
mills of the State
Mr. Phelan. wanted TO know whether
giving away Hour. would not also de-
moralize the market, and il was: agreed
that there would be no complaint if the
-four were given away provided the
II. Il. Young OF Young & .Swayne said
the consumption Of -four was about a
barrel per capital per year and that the
-four on hand would readily supply 7o,e
600 persons for. one year.
Horace Davis explained that ne de-
sired 10 set AT rest a false report that
his presence on the committee was in
his. personal interest He branded the
report as slan6erous. .--..5
~ c. :. LauLneister answered that he
presumed the speaker meant him. He
would say that when he. had heard of
the sale at Tidicul6uSly. low price to
three individuals; without consultation
with the trade. he had expressed his
amazemept that -four should be sold at
such a price. He Believed it the duty
of the committee to. get all il could. for
the flour regardless of the effect. the
sale might have on the milling trade.
The supreme duty was to raise all pos
flour was sent - -. s+. .-.-
The committee went into executive
session and during the intermission
Hour men VINO. oppose the deal ex-
pressed themselves to the effect that
the -four on hand is the finest Eastern
brand, better. than any California -four
and that much of il is worth So a. bar
rell If il should be sold at s2.25. il
would be a serious blow to the city.
Eastern people who are donating flour
and other things would conclude that
the things sent are going TO the private
purses of those who deal with the
finance committee -.' =
The committee decided to withhold
. opening bids and. to have all corre-
-spondence affecting the -four. tran
scribed so that every point will be be-
fore the committee at its next meeting.
dispute having arisen concerning Just
what has passed. between parties to the
proposed deal.