The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-12-21
FOOD BOARD LIFTS
FLOUR REGULATIONS
Mill Feed Quickly Jumps
From S12 to S25 a Ton
in Market.
SITUATION IS ANALYZED
Advance in Feed Stuffs Ex-
pected to Bring Decline
in Flour Price.

wAsutScroN, Dec. 20.-Canceliaton
of all flour milling regulations, including
fair price schedules and tho price and
QUANTITY restrictions on the sale OF wheat
-four by millers which officials expect
will result In cheaper flour. was FORMALLY
announced late to-day by the Food Ad-
immigration. Notification of the action
was telesraphed last night to all zone
agents of the Food Administrations grain
corporation.
Existing regulations restricting mar
gins of profit on flour and mill feeds re-
main In effect, az do general regulations
of the Food Administration prohibiting
prohteering. boarding and unfair prac-
tees, and officials said these would De
strictly enforced.
The nrst effect OF the removal OF the
restrictions was for an advance OF Sl2
10 SIS a ton in the price of mill FEED
THE position OF mill feeds has been
very difficult one The price was fixed
arbitrarily at n figure known to be much
below the price of competing feeds but
was so done at the earnest solicitation
Of milk, butter and stock interests
throughout the country, on the plea that
the price of milk and butter could not
be kept down with any high general
price for feed, and 1t was absolutely es-
sential to have feedstuffs at low prices
to feed young stock.
The result OF the artificial price of
feed was an extraordinary demand. and
despite all the regulations and promises
of the consumers 1t was evident that
mill feeds were being used for general
feeding to such an extent that the de-
Jnand was Unsuitable, With the price OF
mill feed on the basis Of competing
will hn nTnha HE
that the demand will be of only normal
character. Until holders of the feed
ssuffs have disposed OF feed on hand,
bought at the old price. 1t Is not expected
the ,rarfet will advance on old business
The effect OF the advance in feed
SHOULD 10 T. bring about n decline OF .
cents barrel III -four for every 81 ad-
vance IN the price OF feed; IL feed ad-
Tarces SIS = ton the price of -four
should come down 70 cents barre!
TIE withdrawal OF regulations as 10
quality vii mean that mills can make
patent or other grades OF -four, but such
prices as can be named may be ex-
trenely uncertain. as the price Will de-
pend on the ability TO sell the low
grades, ard the market for the low
grades Is tho export market ~ large
extent. AS the export rnaTp is con-
troled. with uniform extfsct.oN of -four
abroad there may be difficulty in dis
posing OF the low grades.
CH.cAr,o, Dec. 2O.-Notable strength IT
tho corn market resulted to-day largely
frxr widespread rains, which threatened
further serious hindrance 10 the croI
movement. Prices, although unsettled a.
the finish, We're ! /, to 3 lac net higher
with January $780, to $685. ant
May $780, to $1.367s. Oats closed !,
TO &c. up and provisions at an advance
Of 40 TO soc.
Oats synlpathzed with the strength o.
corn. shipping demand. however, wal
slow and export bids were under a work.
ing basis.
Provisions were lifted chiefly by til,
bulge In grain. 1t was said that on III
advance packers bought ribs,
CoRN-%ew high records for The new
season were established in all the nea
positions. With active general buying
Shorts were Very nervous and inclined
10 cover. and stop loss orders were, en-
eounte:ed on the advance. In the loca
cash market No. yellow was quoted
tl.7oE; No. white at ;l.6st, cost an,
freight New York.
OATS-Market nrmer, but tla advanc
in prices was largely the result OF N
action Of corn. Local cash market steady
standard quoted at slis TO $40; No.
white, soc fancy clipped white. So {
sac; ordinary clipped white, 81 70 SEE
all elevator.
RYE-Market easy; No. Western, sl.7l
cost and freight New York.
BARLEY-Market firm; feeding. tl.oa q
I.06, and milling Stag l.20, cost an
freight. Now York. 1
HAY-Market wei No. :, $780, No. .
tl.4OGl.5O; No. s. tl20G13o.
BUCKWHEAT-Marke dull: sound Mill
ing, $3.50, cost anu freight New York.
Wheat. including flour. exports for week
according 10 BradStrcetS, aggregate 9.s3l,
252 bushels, against g,S35,SS9 the previou
week and b,g54s9S last year: since Jul
!, 1c2,gs7,lG7. against l29. SS7,56i last sea
son. Corr exports rnr weak, ln2 -.
against i62,520 previous week and $500
last year; since July !, 10, gV5,5l7 bushels
against r. 2OS,45l last year.
CHICAGO PRICES.
Thur
RYE Open. High. Low. Close. ia,
Jsnuarv.... lei l6l III If1 l6l
February. 49, 1874 10" iseL lC?