262 



THE WHEAT INDUSTRY- 



means replacing open wagons with tight ones, 

 warehouses with elevators, and the present store- 

 houses with modern terminal shipping facilities, 

 it must of necessity come slowly. 



Farm prices for wheat are about the same as in 



FIG. 112. A large grain elevator at Girard Point, Philadelphia. Capacity, 



1,000,000 bushels. 



Kansas and Nebraska. Although some is sold to 

 Asiatic markets, the greater part of the export 

 wheat is sent by all-water route to Europe. The 

 Panama Canal will greatly lessen the distance to 

 Europe and will probably result in lower freight 

 rates. This, by making possible somewhat in- 



