The Big Stone Gap post. [volume] (Big Stone Gap, Wise County, Va.) 1892-1928, 1918-07-17
FEDERAL FOOD ADMINISTRATION
FOR VIRGINIA.
Information And Rulings


ernment price basis for wheat After
consideration OF all factors the Food
Administrations announces the price
has!s at various markets for the
grades Of:
No. / Northern Spring
No. / Hard Winter
No Red Winter
No Durum
No. ! Hard White
Ia store public elevators approved for
storage by the Grain Corporation
tseabOArd or in store ON export
terms).
Price basi. FOR Baltimore. Norfolk
and Newport News 10 aIed at ;2.3sa.
The basis FOR No. wheat will be &c
below No l. and the basis FOR No.
&c. below No. l. Grades Yellow No. 3
will be dealt with on sample
II is expected that the chAnb 8 IN
Federal Grading Standards will FSrow
more wheat into higher grades than
last year. The changes in price are
worked out as nearly as possible to
compensate for increases In railway
and sea freights
The other classes OF wheat than
those mentioned above as equivalents
Will be dealt with on the following
basis:
The class OF Dark Hard Winter will
he bought AT &c. above Hard Winter:
Dark Northern Spring at &c. above
Northern Spring: Amber Durum at
&c above nurum: while Yellow Hard
Winter viii be bought at &c. under
Hard Winter: Red Spring at SC, under
Northern Spring, Red walla at &c.
under Red Winter; Red Durum a, &c
under lurum: Sof, White at &c. under
Hard White. ana White Club at &c
under Hard White
Cc.tain parts Of the intnr-mouutain
territory do not receive fun compen
sation for freight increases under the
above arrangements and therefore
specia! arrangements b. which the
Grain Corporation assumes the com.
pensation directly in this territory viii
be r.e subject Of another announce
ment
Emphasis !, laid upon the fact that
III, above Is the basis upon which the
Grain Corporation 4, prepared TO buy
wheat at the shove markets
There is no limitation upon the free
dom of mill. OF traders to buy or sell
In amy market, the mills being under
restriction 10 reflect the Government
price with the pront limitations upon
eour
Pending announcement OF the full
plan OF mill regulation. in ordsr that
there might be no Interruption In mil!.
Ing the mills were advised that prices
In excess OF the following would be
considered as Including unreasonable
profits
Newport News. NofolI and Balti.
more. Flour, 3lo.7l; Feed. 1858.
In making sales al points not listed,
the mill can figure the proper relative
reasonable price. by deducting the
regularly used locl freish, rat. be-
tween their milling point and any OF
The abOyensmed terming! points on
which their freight rAtes. in milling.
are naturally based This deduction
OF freight VIII give "a price. bulk mill
for carload cash or draft sales.
Then the addition to this bulk mill
price OF the regularly used local
freight rate from the mill 10 destlna.
| ton will give the relative maximum
reasonable bulk selling price 8, des-
tination
ILLUSTRATION: On basis OF price
Eamed above: Surprising freight from
milling point Is soc. per barrel. this
would figure the relative maximum
bulk mill price i102i Then supposinE
Hinl lie making a sale At u point tax.
Ing freight rate from mill OF 25c. per
barrel. ih!s would give relative
maximum reasonabls price at destina.
uon OF il0.i6
FEED PRICES. The Same rule will
apply as regards feed prices, us named
In the above schedule.
All dllcren,isis on lees than car.
load OF jobb!ng business and all pack.
sge diiereniials should be maintained
as al present prescribed
The whole plan has been approx ed
by the Agricultural Advisory Board
and by considerable part OF the rep.
tesenta,ives OF The milling and grain
| lrodau