Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-12-16
As TO PRICES FOR WHEAT;
GOVERNMENT FIGURES
iural Department Comes to Help
of tho Grain Growers.
CAN MAKE PRICES
If Local Miilers and Other Buyers
DO Not Pay Regulation Figure,
Uncle Sans Baltimore aud New
port News Agents VIII.


port News Agents Will.
Tho Division OF Markets. OF the state
Agricultural Department. has issued
Interesting instructions TO farme re
and Others who MAY have wheat 10
sell. They arc published ia the de-
partments Bulletin No l24. which is,
now being sen, out 20 a.riou!tu.ists
OF Virginia.
The instructions Sive the farmers
all tho needed information S. 10 bow
20 &c; all the law allows for the who : t
they may have 10 sell. They ara. IN
part, as fellows
The Food Administrator Grain Cor.
pora,ion is = Sovcrnmcn; orSanias ton
which has been formed 10 enforce tho
government regulations IN regard to
marketing tho country's wheat crop.
These regulations a!e not generally
Understood. and man? inquiries come
into this once III regard 10 the Price
OF wheat At Virginia points and the
method Of determining this price.
The government fixed the price on
wheat at Chicago with $40 for
Northern spring wheat as a basis.
Other kinds OF wheat were :!1cd at
higher or lowe prices according 70
tkeir value. The price se, a, palt;-
more aud Fails !ciph!a is cents the
hushc! more for each grade than the
same grade commands a; Chicago. All
Virginia wheat had its price based on
Baltimore originally. ard the price OF
wheat s; any Virginia point cou,L be
determined by dcduct:ns ,he freight
rate from that point TO Baltimore. plus
cent bu5hel.
HOW WHEAT OWNERS
NAY FIGURE TT OFT
"hc freight rates on wheat from
many Virgins points 20 Baltimore are
very excessive, and ,!acc these high
rates were subtrac;ed from the gov
trnrloat price ~ Baltimore TO deter
mine the local value % wheat. this
division. with the corporation Of the
Bureau OF Markets at Washington
succeeded in having The grain cor.
noration establish Newport News as
substaticn of the Baltimore conc with
the same price as Baltimore New
port News takes a lower :rc:-h, rate
from points on tho Chesapeake and
Ohio and all shipping points to the
s"uth OF the Chesapeake and Ohio with
one or two unimpo-tant exceptions
Yke establishment OF Newnor, News
as q substation means that the nric.
Of wheat at all local points on The
Chesapeake and Ohio and south should
be increased by the difference in the
ir.iSht rate per bu8h,l
In. greater part of Virginia whea,
i: purchased by local mills. and the
rrlce 81 this grain may b. determined
as suggested above be 1,lur,,or ,bs
''t "'"" cent nuSh"l from
"e "" 'rs.n'" Po'n' 20 ""her New
"''ns INC "hc
po'''' '''"' ma" we lowest
." IN
- 80 "''
~ 81" rs 'I''
$500, -
C,.-,a,,,.,,
S.,rs
p- o.,
po,.r ~, ..,,!,
S.w. q. h,., 49,
,r,c. ro. do,.-uiI
Tho y-.,r., rro,,
3. cent, tho husbo, ,,,,-. ~.
Newoor, Eews so w., ~, a.,;-,
mon, RI Sor,o-, 81
should mean cents N. hushe, mc,e
t" 'h" farmers 81 this section.
LULA" "'L'> "hatlhED no
wy f"N "ENT FHIcE
Mills that have az pae:ty OF seventy
I'VE barrels OF Tour q day and over
are regulated b. the government and
are required TO pay for local wheat no,
more thar the price determined on the
above basis. Dealers and small! mill.
CTS are not az present restricted a. &.
The price hey may pay for ,rhea, ar.
tsrmcrs may. o. course. sell whe, IA
secd at any price agreed upon nv III,
Contracting parties
J, has been called TO the attention,
80 ~