14 BULI^ETIiSr 1124, U. S. DEPARTMENT OF AGEICULTUEB. 



and acceptance to reach them before 10 or 10.30 a. m. of the clay 

 following date of issue of the quotations. This enables them to 

 reject any acceptance if the market is stronger or has advanced, 

 while if the market shows a weaker tendency or has declined the order 

 will be filled. 



If bran, for instance, is quoted at $25 per ton delivered, and be- 

 cause of a brisk demand brought on by unfavorable weather condi- 

 tions in a certain section or other causes, a number of mills advance 

 their prices 50 cents per ton, the country buyer, on receipt of his 

 telegram by the jobber or wholesale dealer, is often advised that the 

 particular car of bran he wanted has been sold, but that another 

 one is available at $25.50. He may receive a telegram reading about 

 like this: 



Jno. Doe, Zanesville, New York. 



Car bran due Sayre sold. Can book another car making your 

 delivery at $25.50. Wire if accepted. 



Chaeles Roe. 



If, because of generally favorable weather conditions or heavy pro- 

 duction, mills reduced their prices 50 cents per ton, the country 

 dealer, upon receipt of his wire, will be advised that his order has 

 been booked, because the wholesaler or jobber is then in a position 

 to replace the car at a lower figure than that prevailing on the date 

 his quotation sheet was issued. This illustration does not represent- 

 an unusual case, but a typical one and one which happens only too 

 frequently. 



It is the duty of the country feed buyer to furnish proper shipping 

 directions, and when he fails to do so such default relieves the seller 

 of any obligation to make the shipment, and when other mutual terms 

 of the contract have been violated by the buyer the seller has the 

 right to cancel the contract or to resell the goods in the open market 

 for the buyer's account. In the latter event the country feed dealer 

 or buyer is liable to the seller if any loss is incurred. The seller 

 should give the buj'-er prompt notice after the cancellation of the con- 

 tract or the resale of the goods is made. In case of failure on the 

 part of the seller to make shipment, the buyer may rescind either the 

 contract or buy-in for the seller's account, in which case the seller is 

 liable for the loss incurred by the buyer. Arrangements are often 

 made between buyers and sellers to cancel contracts by paying the 

 difference between the contract and the market price. 



When shipping directions are furnished by the buyer before the 

 expiration of the time allowance and the shipments are made by the 

 seller before the buyer has given notice of his intention to exercise his 

 option to cancel by paying the marginal difference, the shipment must 

 be accepted. 



Invoices received by buyers should always be carefully checked 

 with the bill of lading and freight bills to detect possible errors. 

 Unknowingly dealers sometimes have paid double freight charges 

 on shipments consigned to them which would not have happened if 

 proper care had been exercised, as overcharges due to misroutings or 

 railroad errors are easily detected when invoices are properly audited. 



That dealers should pay freight charges twice on the same ship- 

 ment seems almost unbelievable, yet it is a fact that thousands of 

 dollars in freight and other charges are annually paid by them for 



