Show COUNTRY THREATENED BY FAMINE IN FLOUR w I iw V JAMES WILSON S Secretary of Agriculture Ag Alleged eged to H Have ave Made Low L ow Estimate EstiS Esti Estl- mate on cm 4 C Country's Wh Wheat eat Supply S c SUPPLY IS S INADEQUATE Startling Facts are Brought to Light By Millers Who Declare Declare De De- De- De clare dare That Surplus Stocks Show an Alarming Decrease HIGH PRICES OF WHEAT SAID TO BE THE CAUSE Delegates Are Angry With Secretary of the Agriculture t James Wilson Because His Estimate Is Believed Too Low DRICE PRICE OF WHEAT FALLS Chicago May 26 The 26 The sup flip supplies supplies plies Dues of flour in the United States following the sensational sensa sensa- ional advances in the cost of wheat have shrunk almost to amine famine size A startling decrease de de- crease rease in the surplus stocks was revealed in reports from vanDUS various various vari vari- van van- ous DUS large cities of the country presented today at the seventh I annual convention of the National National National Na Na- Millers Millers' convention at atthe atthe 1 the Auditorium hotel For weeks the mills have not been indin tf n enough o I-o gb flouri flour flouro op o i p pace pa e with tile tHe actual de- de dei i mands of ana anci h o j. j surplus stocks have havo J melted away like snow in the sunshine If for any reason reason the big mills should be shut down downor for Tor or more than a week a famine in n flour according to the millers mill- mill irs ers would become a a. serious possibility With prices at nt almost t o id d levels merchants and Bud bakers have hav been teen cen buying buying- only flour enough to sup sup- ply ly thy their wants from day to day It also developed that tho the milling delegates are sore at Secretary of ot Agriculture Wilson because of ot the go estimate of 1 the tho bushels of ot reserved wheat on torms arms March 1 This was tho the estimate esti- esti mate late which Wheat King James A. A A. A atten Patten ridiculed as extravagantly high and nd ad which he said was based on re- re ports orts orta of et small merchants and county postmasters fow few days ago nO By count made a l 1 said aid W. W R. R Gregory of New York In a r report to the tho convention there were only barrels of Hour Ilour In ware- ware warehouses houses and stores of ot New Net York City as 3 S compared with barrels a a. year car carago Twenty thousand barrels ar are ago go ami day in New Now York con jn umed every If 1 our supply for foi any reason renson should be o 0 cut off orf you can cnn figure how long IonS our nr ur bakeries would run Short Supply In Mr Gregory Gregor f also so declared the tho supply supply supply sup sup- ply of Hour flour In Boston Doston barrels below tho the IL T T. Lawlor reported there vero era only barrels of flour In Sn New New- Orleans which was one half tho the normal normal nor nor- mal mill amount In storage there S Reports from other cities in the same tenor startled tho the flour men Tho Tha crop reports also submitted b by delegates bore boro out prognostications of at James A. A Patten Patton wheat heat king on tho the Chicago board boord of trade S Both In re regard arl to the tho growing ot ln crop and the exhaustion of farm reserves Mr tho ho reports of ot our members prove provo Patten latten has bias been right all alt along anti and has taken advantage of ot a situation which the rest of u us were too slow to perceive said A. A I r. Getzman secretary see sec of the association The re reports ro- ro delivered by our members show ports reserves are practically exhausted anti and amIlhat that six weeks ahead of r time Mr 11 Patten was rJ right ht and Secretary of oC Agriculture Wilson was wrong In the tho estimates of wheat on tho the farms and millers In were wore misled b by the tho governments government's govern govern- ment's ments figures gurell A bear raid In the tho wheat heat today en- en r Continued oa on In Ingo o Two j COUNTRY THREATENED BY FAMINE IN FLOUR Continued from Crom Page One Ouel by a coalition of big commission commission commission commis commis- sion houses caused the price of ot May wheat to break from tram to 13 While the raid was ws on Wheat King ICing Patten Patton sat oat In his office and smiled Short Take Any m man mail lIi who sells short In this market Is likely to go 0 broke he lie said The desecrate onslaught was led by Hamilton Co LIU iugan an tn Bryan Finley Barrel narrel Co Coo Clement Curtis Co and arid Lawson Brothers All of them sold heavily II following tho reports of rain throughout Kansas and other sections of or tho the winter wheat bel belt t. t The They arc are Counting Counting- altogether ether too loo much on the rain was wa Pattens Patten's comment comment com corn ment mont as tho the price sa sagged ged under the selling The moisture has come too toolate late The sentiment will bo be bearish from time to time So much the worse for tor tho the men who who- will bo led to sell gell short Occasionally the tho price will ill drop like today on only I to lead somo unwary traders Into misfortune For prices are going higher understand that The Tho growing crop will be smaller small small- er or than last year Visible supplies are arenow arenow arenow now at a minimum and I believe the stocks will continuo continue to decrease |