The Washington herald., 1918-07-15
U.S WILLBUY
ALL OFFERED
OF 1918 CROP
Federal Grain Corporation
Permits Billing Wheat
Directly to Them.

That the U. 8. Food Administration
Grain Corporation stands ready to
buy all wheat Of the 1913 crop shipped
to Il was announced by the Food Ad-
ministration yesterday.
"Producters or dealers have the
right" the bulletin of the Administra-
tion says, ito bin cars Of wheat d.
rect TO the Grain Corporation at any
Of the principal primary markets al
which II maintains purchasing agen-
cies- When the wheat is unloaded
in the elevator. and weight and grade
returns are made to the Food Ad-
ministration Grain Corporation. re-
mittance VIII be made on the basic OF
weight and grades 30 reported and
on the basis Of the government price
less one per cent administration
charge for the service" -.
Basic Prics wheat.
The basic price wheats are No. ]
Northern Spring. Hard Winter. Red
Winter. Durum and Hard White The
No. Dark Hard Winter. Dark North
ern Spring and Amber Durum are at
a Scent premium. while the No. ]
Yellow Hard Winter. Red Spring. Red
wallie, Red Durum. Soft White and
White Club are at a 2-to-7-cent dts
count, No. wheats are at Scent
discount, No. . at 7-cent, and grades
below No. ; are to be dealt with on
sample.
On the basic wheats the prices range
from 81 at intermountain points east
ward. s22s Chicago. 23eIs New York
westward, $40 on the Coast south
s2.S Gulf ports.
ffor. ,--f1l .l1a kfNT-
house receipts in approved elevators
at the primary markets at which I,
maintains purchasing agencies, anc
in the intermountain district where
there are no elevator facilities. its s;
basic price will be paid for the No.
grade, Z. o. b. outgoing car. available
for transportation to a public terminal
elevator.
Consumer Protected.
AT all the principal primary mar
kets there is an open market where
all classes Of buyers are well repre-
sented," the bulletin says. "and tho
producer and the consumer will be
amply protected through the competi-
tive activities Of the several interests
the Food Administration Grain Ger
poration being prepared to buy and
protect the fair price basis"
It IL then the purpose OF the cor
poration TO allow the grain to fow
through Its normal channels so far a,
is possible, only stepping in to buy
when the price fixed by the Food Ad.
ministration and the President Il
threatened, but ready at all times tc
accept all wheat shipped to II at the
price fixed. II the open market IL
above that price, the farmer or deal
er can sell in II, but the government
will not permit the market to break
lower than its guaranteed price.
MiIIers Restricted.
Restrictions on a miller's profit
have already been announced, so that
he cannot pay more for wheat thar
the guaranteed wheat price, which
plus the cost Of milling will leave
him only the reasonable profit per,
mitted him by the Food Administra'
ton.
The maximum fair price" on fiou
is based upon a reasonable allowances
above the fair price for basic wheat
for handling. milling and marketing
expenses, freight charges on product,
and profit
ut is expected" says the bulletin
nect reductions from these prices"
All matter. Of wheat grading arr
left In the hands of the Department
of Agriculture. The Food Admins.
tration aud the Grain Corporation an.
nounce they are working in complets
harmony with It,