Show CUT IN PRICE OF FLOUR MUST MUSTI I I BE MADE I U. U S. S Food Administration I Grain Corporation States Plans r i Oy Cy Associated Press NEW E YORK YORIS April 2 While th there r now exists ti ts no effective control of or the maximum price of wheat or wh wheat nt flour Clour the United States food administration administration admin admin- i grain corporation intends to todo todo toto do to everything c in Its power to reduce prices to tho the government buying level which necessarily mus mus' be reached 1 when the new enormous crop lle begins i to 10 mo move into the markets within ninety t 1 I d days according to a statement hereby here hereby by hy Julius II It Barnes president of ot the corporation r Ht Referring to the fact that thal recent continuous advances in wheat I prices g paid p In Western estern markets apparently contradict statements from the IndusI Indus Indus- i trial stabilization bog rd rd at Washing Washington ton that lower food prices could be expected d in n the thi near future Mr tr Barnes Barns said the reason for Cor this seems stems to be beI 1 I that current deliveries erles of or wheat from I the far fal o mh b been boen en Insufficient nt for tor milling needs lie He ad added d that althou although although al thou though h the grain Irain corporation has hM re- re 1 sold gold from its accumulated holdings s sI i within the la last t two w weeks practically bushels of or wh wheat the price has h been cn only moderately held Incheck in inI I check chck SUR SURPLUS PLUG OF RYE Fortunately he continued America Amer ica h has a surplus of or rye rc and barley r and find oats and in order to relieve the strain of uC foreign n bu buying ln upon our markets j i wo we 0 have I advised the neutral govern govern- governments mentH ments that America will be hp unable to furnish any more morl wheat or wheat flour to 10 them that th they r are art free tree to buy th these se other grains In our market but must send their ship for Cor wheat to toI I other sources of or supply f Also commencing next week the grain corporation will buy for shipment ship me ment nt in relief to liberated countries in ill Europe rye flour corn flour and barley uarley flour and will thereby re reduce its its current purchases of or wh wheat t flour OTHER MEASURES i Should all a these theRe factors fail fail to o 0 con- con Irol ml the tho price of flour in tho the United States at uta a reasonable level then we shall relax rolax import restrictions and alloW allow allow al- al low wheat and tad wheat al flour Clour to enter the United States Stats from Canada Argentina Ar Ar- Argentina gentina and Australia In Jn m mon q n y toads foods s there has been avery a avery very IY sharp fall in price since the ar- ar Indeed in some foods this fall has been so 11 so severe as to tin the preparation for next years year's supply in these articles and anti it Is Js to be hoped our people will along alon with the fall fail in butter and eggs and anti milk and find cheese take a advantage of the very sharp de decline decline de- de decline cline in beans and peas canned fish canned d vegetables e an and In cereal flours other oher than wheat flours such as rye flour Clour rice flour corn products and outs oats products |