TABLE OF CONTENTS XIX 



PACK 



1 58. The Meaning of " Basis " Contracts. Chicago Board of Trade 500 



159. Hedging to Protect Trade Profits. Henry Crosby Emery . 502 



160. The Effect of Speculation in Wheat and Cotton. United 

 States Industrial Commission . 504 



161. The United States Cotton Futures Act 506 



162. The Official Cotton Standards of the United States. United 

 States Department of Agriculture 512 



B. AUCTIONS AND PUBLIC SALES 



163. Auction Sales of Fruits and Vegetables. Victor K. McElheny, 



Jr. . . . Si3 



164. Marketing at the Stockyards. K. F. Warner .... 519 



165. Selling Cheese on the Dairy Board. H. C. Taylor . . . 522 



C. PRIVATE DEALERS AND THE MIDDLEMAN QUESTION 



166. Various Types of Wholesale Traders. /. H. Collins . . 524 



167. The Retailer's Part. G. Harold Powell 530 



168. "Swat the Middleman." Chicago Municipal Markets Com- 

 mission 534 



169. The Seen and the Unseen. Frederick Bastiat .... 535 



170. The Argument for Specialization. L. D. H. Weld . . . 537 



D. METHODS OF DIRECT SELLING 



171. Parcel Post Marketing. Lewis B. Flohr and C. T. More . 540 



172. Assistance from the Express Company 543 



173. Public Markets. /. W. Fisher 545 



. CO-OPERATIVE SALES AGENCIES 



174. Co-operative Selling of Grain and Live Stock in Minnesota. 

 L.D.H.Weld . . 545 



175. Co-operative Marketing of Vegetables. L. C. Corbett . . 548 



F. GOVERNMENT MARKET BUREAUS 



176. California's "State Commission Market" 553 



177. Work of the Office of Markets and Rural Organization. 

 Charles J. Brand 558 



178. Market Organization on a National Scale. David Lubin . 561 



X. TRANSPORTATION AND STORAGE FACILITIES AS FACTORS IN 

 THE MARKETING OF FARM PRODUCTS 



INTRODUCTION . . ". 566 



A. TRANSPORTATION AND PRICES 



179. Freight Costs and Market Values. Frank Andrews . . . 567 



1 80. Transportation Rates and Cantaloupe Prices. Wells A. 

 Sherman 574 



181. Enlarging the Zone of the City's Milk Supply. Eugene 

 Merritt . 5?6 



