American Falls press. [volume] (American Falls, Idaho) 1907-1937, 1917-08-14

at Any Time After September FIRST
&Tse American Falls grain marker.
he hest market in southern ldaho' Is
a thing of the past for the time Delhs'
All quotations have been wlthura"h' H.
There is no market on whlcn 10 Dase
quotations, and when the national lou
administrator takes control on sep
tepnber l all elevators and warehouses;
Tu he little more than government
depots for the receipt of gram which
must be shipped out within thirty Gays
from receipt or upon government =,
ders. unless permission is expressly
given to hold it for longer perlou'
The price which will be paid Tor
,rain has not vet been fixed. The
market opened at 81 pusnei Wneie' W
with a rising tendency, ana uealei5 5i5
are of the opinion that hey mMOulI M
have ranged from $2.25 TO @z.oV pc
bushel throughout the greater part VI
the season. The price to be nAeu "
the government is not expected 10 DT ",
so high. Whatever price Is nAeu ~ ~
hold throughout the year ana until 1lo
next crop is ready to Market 50 Inei
will be no advantage to growers ~ ~,
holding for a raise because none VIZ
come. On the contrary II VIII pe ~
the interest of all who are III ueDI "
market as early as possible anu sIop
interest charges. Neither the slo"9l
nor the dealer can increase WhaOeNe
price may be fixed. The government >
will virtually become the purchaset Vi
every bushel of wheat marketed dlVel
September 1st, and the owner Oh every
warehouse. elevator and mill III lne
United States.
The food administration announced
Sunday night its plan for controlllhs
wheat flour and bread, revealing tha'
tbe government is prepared to take
over the whole 1917 wheat harvest Il
necessary to conserve the supply oO-
80, INST prices for Americas hghtlns
tforces and their allies and reduce
costs TO the general public IN Ins
United States.
Establishing of buying agencies a
ali the principal terminals, Hcenslhs
of elevators and mills, hXlng ol
nr;ce TO be considered fair, regulator
of the middlemen and OF gram eA
changes with the elimination OF trau
inc in futures, are the CHIEF feature
of the plan. The licensing VIII oesi'
September l.
Tho minimum price of 81 for whea
evad nv congress does not become Ell
fective until next year, but the ad
,,,inistration proposes to exercise
varv thorough control over this year
cron through powers conferred uhue
the food and export control Dllls'
Statement Issued.
Following is the administrator
announcement:
sThe disturbance in the world
commerce and short supplies ma
caused a greater disruption of Tn
normal markets for wheat than an
other cereal.
Changes i'm Distribution.
..In normal times, American whe;
,,oves largely to Europe in the ia
months. This year. the shortage
shinning necessitates its distribute
over the entire year. Therefore thel
is danger of a glut in our warehou'
system over a considerable PERIOD
eft must be clearly understood IN
the guaranteed minimum price OF
Der bushel for wheat, set out IN u
food bill. does not apply to the 10
harvest. but only to the 1918 harVe'
and then under conditions which mu
he elaborated There is therefore
determined price for the 1917 narNe
eThe result of this situation is IN
the normal price-making machine
is entirely broken down unless soi
efficient government action is brous
into play, either. (a) the Amerlc
nroducer may face slump in Whe
nossibly below his production co
and M the export of wheat Whl
ultimately determines the real pri
Is at the will of single agency
Someone must buy the surplus Wh'
at any given moment and II the 81
plus passes into speculative hahus
will be held for higher prices later
, the year. (d) With stabilized prlc
extra hazards are introduced INTO
distrihution links which must be p
for nv the consumer Ii must be G
dent that the United States COVE
ment can more justly deal with
situation than any of the agenc
mentioned.
Outlines Course of Action.
therefore. the food administ
tion has determined to take the
lowing course;
First-In order to eliminate 81
ulation in wheat and flour, all ele'
ors and mills over 100 barrels d
capacity will be required to take
A government license, and the col
tions of this license to be:
THAT only reasonable and GUST
ary charges shall be made for WI
house SERVICE that no wheat shall
stored for more than 80 days with
the approval of the food admins
ton; that certain information as
receipts and shipments shall be
piled regularly. The grain exchaI
are being asked to suspend all d
ings and quotations In future WI
These regulations will come into fl
September l and the licenses will
prepared this week.
awhile farmers cooperative eli