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Show 0. S, TO SELL mm FLOUR ! Grain Corporation Announces An-nounces Price of $10 for 196-pound Barrel. The United States Grain corporation will sell wheat flour in carload lots at any shipping point in the state at $10 a barrel of 196 pounds, according to information in-formation received yesterday by M. H. Greene, local representative of the corporation. cor-poration. Shipments will be made from points wherever the corporation owns flour. Orders should be placed with the Kansas City office. "There is, however," Mr. Greene said, "little likelihood that this action will effect the flour situation in Utah, because flour is retailing at a slightly lower price than that proposed by the government. It will, however, have a stabilizing effect upon the market. I "The grain corporation officials be-1 be-1 lieve the price of wheat has little or no relation to the cost of other commodities, commodi-ties, and for this reason President .Julius .Ju-lius Barnes refused to purchase the crop at the government guarantee price and resell it at a lower figure. If wheat were sold on the open market probably it would be much higher than it now is, and the government, according to Mr. Barnes, will do well if it keeps it from going above the guaranteed price. If, however, the situation improves. im-proves. Mr. Barnes states, he will be more than willing to use the $1,000,000,-000 $1,000,000,-000 fund for the relief of high costs. "Wheat todav, Mr. Barnes explains, is comparatively cheaper than corn, meat; e?gs, butter and such staples in proportion to the prewar prices. In the price of bread, flour represents only about 50 per cent, of the cost, the other 50 per cent going for labor, distribution and. profits. Even if free wheat were furnished the bakers, it would be impossible im-possible to return to the 5-cent loaf, and the 65-cent reduction proposed would hardly make a cent's difference in the price of wheat. "The wheat crop has fallen short of the early estimates, and the United States is not likely to harvest more than a billion bushels. This will leave onlv about 300.000,000 bushels for export, ex-port, and the .European demand would thus keep the price high if wheat were I thrown upon the open market. " |