The Bridgeport evening farmer., 1917-08-31
WHEAT PRICE FIXED AT $2.2O A BUSHEL UNTIL
 MIDDLE OF NEXT YEAR
Committee Unanimously Agrees This Figure Presi-
 dent Ratfes It-Flour Cost Will Be Reduced

vantages and disadvantages of the or dtnary machinery of trade, it cannot function well under such disturbed and abnormal conditions as now ex- ist. In it's place the Food Adminis- tration now fixes for it's purchases a fair price, as recommended unanl- mously by a committee representative of all interests and sections, and be- Heves that thereby it will eliminate speculation, make possible the con- duct of every operation in the full light of day. maintain the publicly stated price for all, and, through economies made possible by stabilE- ation and control better the position Of consumers also.
 MT. Hoover, at his express wish, has taken no part in the deliberations of the committee on whose recommenda- ton I determine the governments fair price, nor has he m any way 1n- timated an opinion regarding that price.
 WOODROW WILSON.
 The Wheat Price Committee reached an agreement late yesterday afternoon after several days of voting. At one time yesterday it looked as if it would be unable to come to a conclusion, put just before 6 o'clock Q compromise was reached, and the last vote was unanimous
 Representatives of the producers be- gan by voting for price of $2.50 and 1abor's representatives for $1.S4. The two extremes eventually narrowed down until the votes were only few cents apart and most of the days vot- ing showed only a slight difference. Both factions appeared uncomprom1s- ing at the start.
 The price fixed last night is 20 cents higher than that named for the 1918 crop by Congress in the Food Control bill. The $2 price set by Congress was taken into consideration by the com- mittee in considering a fair valuation for this years crop.
 All the members agreed in their dis cussions that the price fixed would permit of 14-ounce loaf of bread for l 5 cents, allowing . fair profit both to the flour manufacturer and the baker. The price differentiaIs worked out l by the food administration last night are. Nos. 1 dark hard winter, SPA; hard winter basic, $2.26; red winter l basic, $2.20; yellow hard winter, $2.16; soft red winter, $21s; dark northern | spring, SPA; red spring, $218; hump back, $2.10; amber durun1, $2.24; du- rum basic, $2.20; red durum, $2.13; red walla, $213; hard white basic, $2.2O; soft white, $2.1S; white club, $2.16. No i2 of each grade is 3 cents less, No. i6 cents less, No. 4 10 cents less. | Relative market basis: Chicago, Galveston, New Orleans, basic; Kan |sas City and Omaha cents less than lbasic; Duluth and Minneapolis, cents Hess; St. Louis cents less; New Y ork I 10 cents more than basic; Baltimore land Philadefphoa, g cents more; Buf- l falo cents more.
 At 5:30 o'clock yesterday afternoon lthe committee members and Herbert Hoover left the Food Administration |building and went to the White House lcarrying their reports. They had a short conference with the President and then stated that no announce ment would be made last night, aside : from what the President might see fl, to present to the public. T The licensing machinery, under the provisions of the Food Control Bill
 will go into effect on Saturday, ant 6r. Hoover, 1t is understood, is pre- , pared to start the work on the stroke
 of the clock. He is determined tha'
 the public shall benefit, by the price ! fixing as well as the government ant Iits allies, and will keep the closes ] supervision over all branches of the
 industry
 The powers of the Food Administra tion as they affect wheat will be ad sministered by the recently incorporat