VALUE AND PRICE AS RELATED TO FARM PRODUCTS 41 



7. There are seventeen cars of Imperial Valley cantaloupes in the 

 New York market on a certain raw and chilly Saturday morning in 

 early June. What part does the cost of producing these melons have 

 in the making of the price at which they sell ? Does the cost of pro- 

 ducing cantaloupes in the Imperial Valley have a part in determining 

 prices in New York on the following Thursday? How about this 

 cost of production and the average price of cantaloupes during the 

 next year's shipping season ? 



8. "The services performed in the marketing process can be 

 classified under one of the following heads: (1) assembling; (2) stor- 

 ing; (3) assumption of risk; (4) financing; (5) rearrangement; 

 (6) selling; and (7) transportation." Which of these functions are 

 to be regarded as properly a part of the work of the agricultural pro- 

 ducer? Under what conditions and to what extent should some of 

 them be turned over to other agencies ? Why ? 



ADDITIONAL REFERENCES 



Seligman, Principles of Economics, chaps, xii-xvi. 



Seager, Principles of Economics, chap. vii. 



Ely, Outlines of Economics, chaps, x and xi. 



Carver, Distribution of Wealth, chap. i. 



Weld, The Marketing of Farm Products, chaps, xii and xv. 



Taylor, "The Prices of Farm Products," Bulletin 20Q, Wisconsin Experi- 

 ment Station. 



Nourse, The Chicago Produce Market (in press), chaps, vii and viii. 



JCerr and Weld, " Prices of Wheat to Producers in Kansas," etc., H.R. 

 Document No. 1271, 63d Congress, 3d session. 



Warren, " Crop Yields and Prices and Our Future Food Supply," Bulletin 

 341, Cornell Experiment Station. 



Davenport, "The Relation between Yields and Prices," Circular No. 177, 

 Illinois Experiment Station. 



(See also references at end of chapter following.) 



TOPICS EOR SPECIAL PAPERS 



Economic Effects of the Effort to Educate the Public's Demand for Farm 



Products. 

 The Irrational Character of Supply. 

 Price as an Adjusting Force. 



Can Agricultural Producers Organize for Price Control? 

 The Effects of a Boycott upon Prices. 

 Is the Farmer's Fear of Overproduction Justified ? 

 The Movement of Farm Prices Since the Civil War (or some shorter 



period) with Analysis of the Reasons Therefor. 

 The Relation of Market Organization to Prices. 



