THE YOUNG FARMER 



higher authority is final and must be 

 accepted by both parties. Brokers selling 

 grain in carload lots ship the cars subject to 

 the weight and grade as determined by the 

 inspector at Chicago. Grain of a specific 

 grade may thus be bought in Chicago or 

 other great grain markets with almost per- 

 fect security as to weight and quality by 

 persons living in any part of this or any 

 other country. At Elgin the quality of but- 

 ter is determined by a committee appointed 

 by the Board of Trade from its own mem- 

 bers. In the live stock markets, the stock 

 yards company, in addition to furnishing 

 yards, shelter, food and water, acts as agent 

 between seller and buyer in determining the 

 weight of the animals. The purchaser or 

 his agent must determine for himself the 

 quality of the animals he buys. 



GRAIN MARKETS 



The Chicago and St. Paul Boards of 

 Trade and the New York Produce Ex- 

 change are the three great agencies for 

 dealing in grain in the United States. 

 224 



