The Athena press. [volume] (Athena, Umatilla County, Or.) 18??-1942, 1917-09-28
WHEAT WILL SELL
ON COAST FOR s205
on,cIal British Photograph.

Portland is made a terminal market
for Pacific Northwestern wheat, with
basic price of $2. .05 bushel. Simj-
lar action was taken with regard to
Seattle and Tacoma. The Hoover food
administration, to which was intrusted
by the President the matter of readjus-
ting wheat prices on the Pacific Coast.
also announced basic price of $2.l0
for wheat at San Francisco and Los
Angeles.
That the Northwestern delegation
Of wheat growers and dealers. which
went to Washington to protest against
the discrimination shown this part of
the country in the fixing of wheat
prices, was successful in demonstrat-
ing the shipping facilities Of the
Coast, is indicated by telegram re-
ceived from Herbert Hoover by w. B.
Aver. Mr.. Hoover's representative in
Portland which reads:
The representatives of the Pacific
Northwestern grain producers. and
handlers, in conference with the food
administration, arrived at a settlement
in regard to handling the Northwest
ern wheat crop. With the assistance
of the Shipping Board, the food ad-
ministration has been given assurance
Of overseas transportation for Pacific
Northwest grain and it, therefore, is
able to make a base price at North
Pacific export points on an overseas
basis, instead of the previous footing
of price based on rail transport to
Chicago. The base price unanimously
agreed upon by the Northwestern rep
resentative is $2.05 for No. North
ern, or equivalent, at Portland, Seattle
and Tacoma for bulk wheat. with usual
premium for sacked wheat. In order
to adjust difficulties of the new Fed
eral grading act, the food administra-
tion will until further notice, purchase
everything below No. grade on SAM
ple."
By this action of the Food Admin
istration, the value of. this years
wheat crop the of Pacific Northwest is
increased about 80, $50, ,000.
1t is believed the new price will sat
isfy the farmers of the Northwest, al
though they had hoped for higher
rate. The increase amounts to cents
a bushel net to the growers. By the
first arrangement, wheat was TO sell
here solely on the Chicago basis of
so. 20, which, allowing for the freight
of 30 cents from the Northwest to
Chicago. meant $I.90 to the farmers
in the Inland Empire. The ten cent
average weight rate from the interior
to Portland and Puget Sound points,
brought the price Of the tidewater
markets to 50. Now, there is $2.05
market at Portland, Seattle and Ia
coma, which is equivalent to $l.95 at
producing points. This applies only
on wheat that comes this way, as the
same wheat if shipped eastward would
be worth only sl.9O for it would sell
there on the Chicago basis and would
have to pay the 80 cent freight. Nat
urally the farmers of the Inland En-
pire will market their wheat here and
| thus get the added s cents.
The matter of -four and millfeed
prices is likely to be cleared up very
soon, now that the wheat price is de-
| finitely fixed. While consumers ir
| this territory will not get these com.
tmodities quite as cheap as they ex.
pected, still material reduction from
the present prices must be made be
| fore flour and feed are on a parity
with wheat.