The Dolores star., 1917-09-07
COMMITTEE ON SCALE FOR 1917
CROP coMPRoMIsE AFTER
THReE-oAY pIscUssIoN.
MEANS Scent LoAVES
FARMERS Asked s2.so WHILE
LABOR REPRESENTATIVES,
PROPOSED s1.s4.
Western Newspaper Union News Service.

that the basic price OF wheat for Den
yer probably will be 32.2O per bushel
or about 1857 per hundredweight
the local price always depending
chiefly ON the fluctuations in Chicago
rather than in any other wheat cen
ter. They ventured the opinion, how
ever. that Denver may, in this case,
be classed with Kansas City and Oma'
ha on q basic price OF 32.15.
Washington.-A price Of 92.20 q
bushel was fixed for the 1917 crop OF
wheat by President Wilson Thursday
night on the recommendation of the
wheat price committee, headed by DR..
H. A. Garfield.
The basis will be No. Northern
spring wheat, delivered at Chicago.
The committee finally agreed after
three days Of voting. At one time II
looked as II 1t would be impossible to
come to . conclusion. bot . compro.
mise was reached and the last vote
was unanimous.
Representatives OF the producers be.
gan by voting for price Of $3.50 and
labor's representatives for &1.84.
In statment accompanying the
announcement OF the price. President
Wilson declares it is the hope Of the
food administration. and his own as
well, that the fixing Of o price will
stabilize the market and keep prices
within moderate bounds for all tran.
sactions during the current year.
The price OF flour and bread, too,
the President declares, will be kept
down. The committee, in its report to
the President, gave as it's three chief
considerations that entered into its
deliberations the following:
The fact that the United States is
at war: the need of encouraging I,
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 for
cents. allowing fair profit both to
the flour manufacturer and the
baker
The price differentials worked out
by the food administration are: No. /
dark red winter, 1924; hard winter
basic, 1920; red winter basic, $2.20;
yellow hard winter, $2.16: soft red
winter. $2.18; dark Northern spring
$2.24; red spring, S2.1S; humpback
$2.10; amber durum. 1924; durum
basic, 1920: red durum. $21S; red
Walla, $213; hard white basic, 1920;
soft white, S2.1S; white club. $2.16.
Number of each grade is cents
less; No. 3, cents less; No. 4. 10
cents less. "a
Relative market basis: Chicago
Galveston, New Orleans basic: Kan
sas City and Omaha, cents less than
basic; Duluth and Minneapolis.
cents less; st. Louis, cents less
New York, 10 cents more than basic;
Baltimore and Philadelphia. 9 cents
more: Buffalo. s cents more.
The basic grades are numbers
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 to control the mar
ket without difficulty. The corpora
ton will make all government and al
lied purchases and has under consid
GRAFTON plans to buy for millers.
II 1t serves as broker between the
terminal and the flour mills the cor
poration will become purchaser ol
virtually all the country's wheat crop