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Show WHEAT IS FIXED AT J2.20 Washington, Aug. 31. A prlco of $2.20 a bushel was fixed for tho 1017 crop of wheat by President Wilson tonight on tho recommendation of the whont prlco commltte,o bonded by Dr. 11. A. Garfield. Tho basis will ho No. 1 Northern spring wheat delivered deliv-ered nt Chicago. Tho commltteo finally agreed late yesterday afternoon, after seroval days of voting. At ono time, It looked I as If It would be unatdo to como to a conclusion, but Just beforo C o'clock a compromise was reached and tho last voto was unanimous. Representatives of tho producers began by voting for a prlco of $2.50 nnd labor representatives for $1.81. The two extremes eventually nnr-rowed nnr-rowed down until tho votes wero only a few conuts apart and most of today's to-day's voting showed only a Blight difference. Doth factions appeared uncompromising nt the start. On the basis of $2.20 at Chicago tho food administration worked out dlffertlals (for tho various grades and classes ond for the several terminals. ter-minals. Higher Than the 1018 Crop. The prlco fixed Is 20 cents higher thnn that named for tho 1918 crop by Congress In tho food control bill. Tho $2 prlco sot by Congress was taken Into consideration a fair valuation valu-ation for this year's crop. In a statement accompanying the announcement of the price. President Presi-dent Wilson declares It Is tho hope of the food administration, and his own as well, that tho fixing of a price will stabilize tho market and keep prices within moderate bounds for all transactions during tho current year. Tho price of flour and bread, too, tho president declares, will bo kept down. |