The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1917-08-31
BREAD TO DROP
Wheat Price Means Return of
the scent Loaf.
Licensing System of Dealers To
Be Effective Soon.
FLOUR WILL ALSO FALL
Dealers Say 1920
Figure Means Slump.
Consumer. Win Again Get IA
Ounces Bread for Nickel.

Washington, Aug 31.-A reduction
in the price of breadNis in sight today
as the result of the fixing of s2.20 as
the price per bushel of the 1917 wheat
crop. The licensing system for flour
and bread dealers soon will be put
into effect, and altho not extending
to the small dealer, the food admins
tration is expected to find a way to
hold down bread prices. Members of
the price fixing committee are agreed
that price of $2.20 will permit of a
fourteen ounce loaf of bread for
cents, allowing a fair profit to both
the flour manufacturer and the bakers.
The wheat price was announced by
President Wilson last night after the
Committee headed by DR.. Harry A.
Garfield completed its three-day de-
liberations. Representatives of the
producers began by voting for $3.50
and laber representatives for $1.S4.
| The 81 price set by congress for the
1918 crop was taken into considera-
ton by the committee in fixing a fair
valuation for this years harvest.
On the basis of $2.20 at Chicago,
the food administration worked out
differentials for the various grades
and classes for the several grain ter
minals.
Kansas Price Is $215.
The price differentials worked out
by the food administration Thursday
s2.24; hard winter basic. $2.2O; red
| winter basic, $500; yellow hard win
ter, $2.16; soft red winter, $2.1S; dark
| northern spring, $2.24; red spring,
$2.1S; humpback, $2.10; amber durum,
$2.24; durum basic, S2.2O; red durum,
s2.13 red walla, $2.1S; hard white
basic. $500; soft white, $2.1S; white
club, $2.16; No. 2 of each grade is
cents less; No. 3, cents less; Nos 4, 10
cents less
Da1o+iI-o xoo-,xo+ t,.;~. CL;o,ao
Galveston. New Orleans basic; Kansas
City and Omaha, cents less than
basic; Duluth and Minneapolis.
cents less; st. Louis, cents less; New
York, 10 cents more than basic; Balti-
more and Philadelphia, cents more;
Buffalo, 5 cents more.
The basic grades are No. 1 hard
winter, red winter and northern
spring.
Farmers Must Be Satisfied.
The wheat administration believes
that while farmers may be displeased
to some extent by price lower than
they expected, the new system will
make their profits sure; will prevent
speculation, give millers and bakers
fair margin and assure the working
man fair priced bread.
The price fixing committee said to-
day it believed the farmers, as a pa
triotic duty, should be willing to re-
linQuish some profits for the good of
the whole war cause.
The new prices will prevail not
alone for the United States, but also
for the allies. for whom purchases
will be made thru the National Wheat
corporation. President Wilson ex-
pressed himself as confident the price
fixing will establish the wheat bust
ness and work for the general good.
Flour to Drop.
Minneapolis, Aug. 31-Flour prices
will come down as a result of fixing
wheat prices on the basis of $220 for
No. 1 northern spring, according to
millers here today.
They were uncertain how great the
drop would be-
'aThe price fixed will naturally
mean some reduction in the price of
flour" said John Crosby, of the
Washburn-CroSby company. 'How
much it will be reduced, depends or
the government The government will
determine finally how much we are
to be allowed for cost of manufac-
ture."
A. c. Loring, president of the Pills
bury Flour Mills company, said the
reduction in the price of flour would
make it "a great deal less than this
spring"
Farmers expected not less than
$3.50 for wheat. The price finally
agreed en- by the government ccm-
mittee will mean that northwest
farmers will receive less than 81 for
wheat, some grain men declare. Grain
men are inclined to be content with
the figure set.