American Falls press. [volume] (American Falls, Idaho) 1907-1937, 1917-08-31


The price of wheat for the 1917 crop
has been fixed at 1920 per bushel, de-
livered at Chicago or common points,
based on No. / spring northern, which
is the equivalent of our Marquis
weighing SO pounds. Number l dark
hard red winter is fixed at 1924, Chi
cago delivery, which includes our Tur-
KEY Red weighing 81 pounds. Grade
2 is three cents less, grade 3 cents
less. and grade 4 10 cents less.
Dealers have not yet been advised
what handling charges they viii be
allowed. and therefore can only ap-
proximate the prices that will be paid
here. The larger part of Turkey Red
so far received at the elevators grades
No. 8. weighing less than SO pounds.
At the price fixed for this grade $2.lS
at Chicago, less a freight charge OF
81 cents, would make the gross price
s1.S7 per bushel Out of this would
come the dealers handling charges.
One dealer stated this morning that
prices paid here for grades to 4, all
varieties included, would range from
about size to s1.90.
Before the government took over
control of the wheat crop, the local
market was 80 cents per 100 above
the price just fixed, with an upward
tendency. Dealers predicted an ad-
vance of from 25 to so cents per 100
within a short time.
A small load of Turkey Red was de-
livered at one of the elevators today.
1t was put through the grader adopted
by the government and recommended
to dealers, and showed a loss of eight
pounds per 400 after cleaning The
cleaned wheat tested 5S pounds, or
grade 3, and on the Chicago market
would bring S2.1S per bushel The
grower will get this price, less 81
cents freight and whatever handling
charges are allowed.
The price fixing committee was in
session for three days, and at one time
il looked as if the committee would be
unable to reach a conclusion.
Representative of the producers be-
gan by voting for a price of $3.50 and
labor's representatives for $184. The
two extremes eventually narrowed
down until the votes were only few
cents apart and most of Thursdays
voting showed only slight difference.
Both factions appeared uncOmpromis-
ing at the start.
The committee. in is report to the
president, gave as its three chief con-
sideratiOns that entered into its de-
liberations. the following: The fact
that the United States is at war; the
need of encouraging the producer, and
the necessity of reducing the cost of
living to the consumer
All members agreed in their dis
cussions that the price fixed will per-
nit of a 14-Ounce loaf of bread for
five cents, allowing a fair profit both
TO the flour manufacturer and the
baker
Price DifferentialS.
The price dfferentials worked out
by the food administration Thursday
night are: No. l dark hard winter.
1924; hard winter basic, S22O: red
winter basic, 1920; yellow hard win
ter, S2.16; soft red winter, S2.1S: dark
northern spring, 1924; red spring.
S2.1S; humpback. S21O: amber Du-
rum. 1924; Durum basic, $3.50: red
Durum. $2.19 red Walla, $213: hard
W%ite basic. s2.20 soft white. s2.1S:
white club. s2.16. No. of each grade
is three cents less: No 8, six cents
less: No. 4, 10 cents less.
Galveston. New Orleans. basic; Kan
sas City and Omhha, five cents less
than basic; Duluth and Minneapolis,
three cents less st. Louis. two cents
less: New York. 10 cents more than
basic; Baltimore and Philadelphia,
nine cents more; Buffalo, five cents
more.
The basic grades are No. hard
winter, red winter and northern
spring.
Although the prices are fixed on
government purchases only. the food
administration. through its wheat cor
poration. expects 10 control the mar
ket without difficulty.
The corporation Will make all gov
ernment and allied purchases. and
has under consideration plans to buy
for millers. If it serves as broker be
tween the terminal and the flour
mills. the corporation will become
purchaser. of virtually all the coun-
try's wheat crop.
Members of the committee saiC
Thursday night they expected a grea
deal of criticism from the farming
classes, but that they felt that every
farmer should consider himself a par
of the war machinery of the govern
ment and willingly relinQuish a par
Of his profits in the interests Of tn,
common good.
Montana Farmers Pleased.
Montana farmers and wheat grow
ers generally will be well please,
with the price of $500 a bushel TO
No. l northern wheat" Charles D
Greenfield. state commissioner of agri
culture. said Thursday night.
Farmers generally have told m
in the past few months that a pric
around So a bushel for the hes
grades of wheat raised in this stat
would be satisfactory. and I unde
stand this price will rule for the bull
OF the wheat raised in Montana"
Say Wheat Worth So.
Disappointment was expressed b
representatives of farmers at Fargo