Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1919-11-13

q INSTINCT improvement IN
the -four market, despite advancing
for relattxelly srnallNt lsstls. hut shsiYol-
ume n9fha4ls,.ShpwnsSsd&6S marked incfSase
over thatSofs The dun weeks Just past,
stocksss:swhi les heHhsre adangerously
low, have evidently diminished
materially and buyers have come into
market tosssfiil actualsneeds. It seems
likelyy therefprf,,athat a. period: Of
some weeks sof 4considerable activity
may be expected.
! output I1tsis Changed.
The actualsproduction OF dourssre-
last week was substantially the
same as that Of the week previous.
The activity Of the spring wheat mills
slackened somewhat, dropping from
76 per cent Of capacity to 70, and the
sole winter wheat mills ~continued1to
reduce their. runs, the. percentage OF
the Toledo group for the week going
hand, the Missouri River, Kansas and,
Oklahoma mills showed a slight In,
crease. Omaha ran at full capacity,
and st. Louis gained ~ points on the
week, from Ga per. cent to u.s.. The
Pacific Coast mills ran very heavily.
the Tacoma mills going four points
over rated capacity, and Seattle in
creasing its output from "a to 81
per cent. The output continues very
much heavier than it was q year ago;
when h outturn Of -four was little
more than half the rated capacity. Of
the mills. S a.~y
f.. High Prices For Wheat. :
There appears. to, be a marked
scarcity Of the best grade of milling
wheat. and it seems to be generally
believed that no very great quantities
Of such wheat are held in reserve. AS
have gone steadily up. Last week
No. i dark northern spring touched
and passed So per bu. in Chicago. and
even sample grade northern spring
sold as high as $2.25@2.35, OF well
over the government price. for the
best qualities. Hard winten in the
same market sold. at $2.43 for No. 1
and $40 for No: 2. "A week ago No.
1 dark northern spring was selling in
Chicago. for S2.so@2,ss. and Nc. !
hard winter at $2.2s@2.31. Cores
other wheat markets.
Flour Prices Up. =.
with wheat rising 1o@15c Blu.
during the week, twas inevitable
that -four prices should follow suit,
and the increases reported ranged
26@eoc: per Dbl fof the bestagrades.
a full reflection of the advanced prices
for wheat Spring wheat Hours. OF
| course, showed the most CONSPICUOUS
advance. as the best grades of spring
wheat appear to be harder to get than
either hard or soft winters. Top quo
tations for short patents at Minne-
apolis reached 1880, which. onlysa
few weeks ago. was the, high limit Tor
such grades as far east as Boston.
Quotations on hard winter short pat
entsa in Kansas City worked UP to a
maximum of $12.75, or 81 or so above
the top prices of two n three weeks
ago. 'fT7
Clears Cheap and Unusable.
With all the climbing prices Of pat
ents, first clears remain ridiculously
cheap, and at that can find little or no
market. Instead Of going up they
ago spring first clears at. Minneapolis
and hard winter first clears,at Kansas
!, City were quoted at 1915 @9.55 and
$s.55@9.50 respectively: now the
ranges are $8.5O@S.75 and, $S.75@-
s.25. That first clears should COM
mand less than 20 per cent Of the
price for top patents is. of course,
utterly abnormal: last January. for
instance, prices for first clears were
running above IS per cent of those
| for the best grades. Even at the pres
emit relatively low prices, which are
Just about. what they were when pat
emit flour sold for $10@1o.50, nobody
! seems to want clears, and the with
tdrawa1 Of the, Grain Corporation from
export buying for the time being has
left them to accumulate on the mill
ers' hands. -
Only Top Grades Wanted.
The fact is, Of course, thatrthe same
Disregard Sof cost which has turned so
much Of the talk about the high cost
OF. living into an absurditya Is mani
Testing itself in the demand for the
most expensive grades Of -four.
Everywhere the call ispfor top pat
| ents, Of which the consumption Is
clearly greater than over before. AZ
an example, the Southeast reports
that owing to the high prices received
for cotton, and the general prosperity
resulting therefrom, thousands of
Ipeople- are today buying the best
grades Of wheat flour who, in previous
years, hardly ate wheat. products at
all. The country appeAra to have
llearned9 the value OF fns h6ur, and il
fable to pay for 1t in vast quantities
even at q time when wheat 10 costing
! the millers nearly II not quite three
Etimes what 1t did, before!th war.-The
Northern Miller.
Wet the cut end of ham with vine
garsito keep from moulding.