The Breckenridge news. (Cloverport, Ky.) 1876-1955, 1920-01-21
ADVANCED FLOUR
Is JUSTIFIED
According to Vice Presidents
e. Statement Billiards. Flour
Mill. Gives Explanation.

ascertain their reasons for same. TIL
different millers appeared, and W
went over their costs, and publis
herewith a statement prepared b
Ballard & Ballard in justification {
their advance:
Mr.. p. H. Callahan, Chairman,
Fair Price Commission, BID. of
Trade Bldg, Louisville, KY.
Gentlemen: In answer to your
communication of the 31st. ult
inquiring about our advance of
soc per barrel in the prices of
wheat -four on Dec. 81, | beg to
submit as the Sales Manager of
our Company, the following state
ment
FIRST. The advance in -four is
sufficiently justified by the carry
ing charges on the actual wheat
above the Government price, basis
paid the dealer at the movement
of the crop year of exactly ST.
1915 per bushel, Louisville
The carrying charges computed
for the five months (August-Dec-
ember) are as follows:
Interest at per cent .056
Storage dc for first 10 days
and Loco thereafter) .0S5
Insurance (1-2 of 1 per cent
for FIVE months) oil
Handling and turning IA
of per cent per bushel per
u
Switching to mill .O12
Invisible loss .022
Total 1885
1t follows that the carrying
charges of the wheat for FIVE
months is approximately zoe per
bushel.
AS your Committee we'll knows,
wa arrive at the cost of barrel
of patent -four by multiplying by
FIVE bushels of wheat, which
would be $1.OO
We submit that these figures at
once explain and justify the ad-
vances in our prices of wheat
-four of Dec. 8, and 81, respec-
lively.
SECOND. While we waive the
matter of replacement value of
this wheat, it is only fair and right
that the Committee, as well as the
general public, should be cogniz-
ant of the fact that today soft No
2 red wheat would cost us $2.67
$40 purchased out of St. Louis,
which is the largest soft winter
wheat market in the world. This
.contemplates elevator wheat,
which unfortunately is not neces-
sarily the character that would in
sure our present superb quality
OF -four.
THIRD. We especially invite
the attention of the Committee
to our~quotation card of Dec. 81,
which offers two brands of wheat
-four one our OBELISK (short
patent) at $12.95 in "a ID. paper
sacks and the other our TABLE
TALK straight) at $11.75 or a
spread of $1.20 per barrel be-
tween these two fours. 1t is the
privilege of the consumer to pay
her money and take her choice.
In both cases the consumer gets
value received.
1t is pertinent to say right here
and now that the high cost of
living can best be fought success
fully by the housewife displacing
on the family table the higher
priced foods with the cheapest
and most wholesome of all foods
Wheat Flour. A recent survey in
a large Southern city shows that
wheat flour is per cent of the
consumers grocery bill while it
represents 3S per cent of the food
value. Think of it'll In whose
hands is the remedy? Mr.. Barnes
himself has said: THE American
people should eat more bread and
thereby reduce their cost of liv-
ing" Respectfully, (S) G. A.
Breaux, Vice-Pres't * Sales
Mgr. Ballard & Ballard Co.
The Commission has made furthe
Investigation, and finds these advanc
S were in no way based on replace
nent values of the wheat used bu
Iue to carrying charges, whicl
harges seem to this Commission t
'e approximately fair and equitable
nut furthermore we find that "a pc
ent of the cheaper wheat was con
umed up to a few days ago, ant
cry shortly they will have to begil
grinding wheat that cost 40c, pc
'ushel more than the wheat of las
which leads us to believ
here is no relief in sight.
The Commission still has to com
lain of lack of discrimination OF
he part of the public in buying, TO
here are very satisfactory Flour
old in this market in many place
It a much lower price that th'
tightly specialized grades. even a
much as forty cents lower on a 2
,ound sack while in Bread. there ar
likewise many places where a ful
,ound loaf can be bought for eigh
.ents. Notwithstanding these fact
ire being advertised in the daily pap
RS, we will. if called upon advis
Inyone where they Gao receive tn
,ene6ts If these lower prices