MARKETING 



Buffalo, Duluth, Baltimore and Philadel- 

 phia are also important markets. Adjuncts 

 to these markets are the great terminal ele- 

 vators capable of holding almost indefi- 

 nitely enormous quantities of wheat and 

 other grain. On the Pacific Coast all the 

 wheat is handled in the bags, as is the cus- 

 tom in the other markets of the world. 

 Canada and the United States alone have 

 recognized the principle that wheat and 

 other grains will run like water, which has 

 been a prime factor in their competition 

 with other nations. 



Country elevators charge two cents a 

 bushel for storage during the first 15 days 

 and 1/2 cent for each additional 15 days. The 

 charge for storage at terminal elevators for 

 the first 15 days is ^4 cent. The farmer 

 may thus store his wheat in an elevator in 

 place of his farm if he chooses so to do, 

 although the wheat he thus puts in storage 

 may have been made into flour and con- 

 sumed before he sells it. This may be 

 looked upon as a sort of intermediary step 

 225 



