Forest City press. (Forest City, Potter County, D.T. [S.D.]) 1883-19??, 1917-09-06
PRICE Of WHEAT
FIXED At $3.50
Restoration of Scent Loaf of
ID Ounces Is Provided For.
According to Com
mission.

Washington. D. c., Sept. -
7ne prize differe:,tiais worked out
BY. the food administration arc.
No. I dark hard winter, 1924;
hare wintec. bssic. 1920; red win
ter basis g. Is, s2:2o; yellow hard w;n-
dark northerr :pr;ns, $2.24 rea
spring, $2.1s; humpbask, s2.1o;
smber durum, 1924; durum, basic,
$50; red durum, $2.13: red waita.
WIS; lard white, basic, 1920; soft
white: $2.1s; white club, s2.16;
No. 3, s cents less; No. d. 10 cents
less.
Relative Market E.sis-chicaao,
Galveston, Nov Orleans, basic;
Kansas City and 0mahs, S cents
less than basic; Duluth and Mime.
apoiis, 8 cents less; ST. Louis. 2
cents less; New York. 10 cert.
more than basic; Baltimore and
philadelphia, 9 cents more; Buff
talo, S cents more.
The basic grades are No. I hard
winter, red winter and northern
spring.
Ottawa, Sept. lit wa, estimated
today that Canada will fix wheat prices
corresponding with the $40 figure
fixed in the United Statcs. Officiai an
"ouncen1ent is expected next week.
Washington, Sept. IA reduction in
the price of bread is IN sight today as
the result of fixing OF SEQ as the price
licensing system for flour aliI bread
dealers soon will be put into effect, and
although not extending to the small
dealer, the Good administration is ex-
pecteG 20 find a way to old down bread
prices.
Restores Scent Loaf.
Members of the price fixing commit
permit OF Il 14-oGncc loaf OF bread for
5 cents. allowing a fair profit to both
ihe flour manufacturer n the baker.
The wheat price was announced by
President Wilson last night after the
committee. headed by DR.. Harry A. Gar
field completed its three days delibera-
lions. Representatives of the producers
began by voting for $3.50, and the labor
representatives for $1.S4. The 50 price
set by congress for the 1918 crop was
taken into consideration by the COM
mittee III fixing a fair valuation for
this years harvest.
On this basis of $500 at Chicago, the
food administration worked out differ
entails for the various grades and
classes for the several grain terminals.
FIXES MiLLERs' PROFITS.
Chicago, Sept. ii. +. Bell, chair
man of the United States millers' COM
mittee today issued the regulations
governing the profits of millers in ac-
Food Administrator Hoover by the mill
lers' committee organized here last
week.
A profit OF 25 cents a barrel on flour
and so cents a ton on feed are the prof
it's scheduled to become effective. on
- Ia Sh~ -F tho
the miller@ will he permitted to buy at
the customary transit points and be
governed by the terms of their agree
ment with the food administration grain
corporation, the governments buying
agency.
In order to bring about a fair distri-
button OF wheat among the various mil
lers, the food administration acting
through the committee Of millers and
in conjunction with the grain corpora
ton, will establish the normal amount
Of wheat ground hy each mill on the
basis Of the three years prior to July l,
1917.
In a statement accompanying the an
nouncement of the price President Will
administration n his own as well
that the fixing of a price will stabilize
the market and keep prices within
moderate bounds for all transactions
during the current year.
During the last 10 years the highest
average price paid to producers for
wheat was the June 1 price. 1917, prac-
tically $2.49 per bushel. Up to the
present the price has ranged between
a minimum of IS cents paid in Deem
Der. 1912. to the above maximum.
The average yearly price OF No. !
northern spring wheat in the Chicago
market during the 10 years-1908-191i
was $1.26 per bushel. ranging be.
tween 81 cents in 1913 and $2.37 in 1917
During the same period the average
yearly price paid to producers was