The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-08-31
WHEAT PRICE
tcontnusd from 1irss PAsa.)

the president declares. will be kept
down.
The committee, in its report to the
president, gave as the three CHIEF con-
siderations that entered into It's deno-
erations the following:
The fact that the United States Is
at war, the need Of encouraging the
producer, and the necessity Of reduc-
ing the cost Of living to the consumer.
All members agreed In their discus
sions that the price fixed will permit
Of fourteen ounce loaf OF bread Tor
FIVE cents, allowing fair Droht both
to the -four manufacturer and TIE
baker.
Price DItferentlals.
The price differentials worked out
by the food administration tonight
are: mol, dark hard winter, 1924;
hard winter basic, 1920; red winter
basic, $3.50; yellow hard winter, S2.16;
soft red winter, $2.18: dark northern
spring. 1924; red spring, $2.1s; hump
back. $40; amber durum, S2.24;
durum basic, $2.20; red durum, s2.13;
red walla, s2.13; hard white basic,
500; soft white, s21s; white club.
s2.16. No. 2 Of each grade Is three
cents less: No. 3, six cents less; NO. T.
ten cents less.
Relative market basis: Chicago. Gal
weston, New Orleans, basic; Kansas
City and. Omaha, Ave cents less than
basic; Duluth and Minneapolis, three
cents less; st. Louis, two cents less;
New York, ten cents more than basic;
Baltimore and Philadelphia, nine cents
more; Buffalo, Ave cents more.
The basic grades are Nos. hard win
ter, red winter and northern spring.
Nay Dry for KILLERS.
Although the prices are fixed on gov
eminent purchases only, the food adj
mintstration, through its wheat corpor-
alton recently organized. expects TO
control the market without difficulty.
The corporation will make all govern
ment and allied purchases and hos I'M
der consideration plans to buy for
nnillers. Tit serves as broker between
tho terminal and the -four mills the cor
poration will become purchaser OF vtr-
tually all Of the country's wheat crop.
Members Of the committee said to-
right they expected a great deal OF
criticism from the farming classes. but
that they felt that every farmer should
chinery Of the government and willingly
relinquish part OF his profits IN the
interests Of the common good. Great
pressure was brought to bear on the
committee from many quarters to Set
the price at higher figure than that
named. but the final decisions. members
of the committee declared. represented
a majority opinion Of what Is fatreSt to
all the interests Of the country.
FACTORS Considered
In its statement to the president the
committee recttes the factors consid-
cred IN It's discussiops- Chief among
them was tho mounting cost OF living.
Tho condition Of world markets also
was given careful thought, as was the
probable effect OF an early termination Of
the war. which would set loose great
stocks Of wheat in other countries. now
tied up because Of lack Of shipping.
Tho cost Of production came in for
considerable attenlion. Experts OF the
department Of agriculture were asked
for production cost figures. and tn,
committee studied data supplied by
growers organizations. It was realized
that some growers will be forced 10
sell their wheat at a loss. while many
others will make high profit.
Tabor Attended.
The committees work ended with tho
fixing Of q prlce. One member. r. G.
Rhett. Of Charleston, s. c.. was Ill and
die not attend the meetings. Besides
DR.. Garfield. the chairman. the other
members present were:
Charles ]. Barrett. OF Georgia. presI-
dent Of the Corn Growers Association:
Edward F. Ladd. president Of the North
Dakota Agricultural college: J. ".
Sporthi1l. of Nebraska, secretary OF the
National Council Of Farmers Co-Opera-
tive Association: L. J. Tabor. master OF
the Ohio State Grange: Henry J. Wa
tiers. president OF tn" Kansas Agricul-
,ural College: W. y. Douk of Roanoke
Va. vice president OF the brotherhood
of Railroad Tra!nmen: James W. Sull-
van. Of New York. Of the American
Federation Of Labor: /. W. Tnusslg.
chairman OF the Tariff Commission,
and Theodore y. Vail president of Tho
American Telephone and Telegraph COM
pAnS.