WHEAT IN WESTERN CANADA 101 



at the lake front, weighed, and binned, a warehouse receipt 

 for it is issued to the person who delivered the grain. 

 Upon this receipt is set down the place, the date, the ship- 

 ping point, the name of the owner, the kind and grade of 

 the grain, the net weight, and the car number. 



The warehouse receipt is first sent to the registration 

 office of the Board of Grain Commissioners at Fort Wil- 

 liam where it is compared with the inspector's report of 

 the cars unloaded at the elevator in question. If found 

 correct it is registered. 



On receipt of the bill of lading, the warehouse receipt 

 is given to the owner of the grain. When a shipper has 

 obtained such a receipt: he may sell his grain, if not al- 

 ready sold, for cash; or make delivery of his grain, if 

 sold, by handing over the receipt for a cheque; or use 

 the receipt as collateral security for a loan from his bank. 



When grain is passed out of a terminal elevator into 

 a lake steamer or box-car, the warehouse receipt repre- 

 senting it must be presented to the registration office for 

 cancellation within seventy-two hours after loading of 

 the grain has been accomplished. 



The registration records of the registration office show 

 the total quantities of the various grains by grades re- 

 ceived into and shipped out of each elevator. The in- 

 spection and weighing departments also possess such rec- 

 ords, so that the operations of each elevator are well 

 watched. 



The Government, in carrying out its work of supervis- 

 ing the grain business, annually takes stock of all grain in 

 each terminal elevator. In the month of August, officers 

 of the Board of Grain Commissioners go into each ele- 

 vator and make out statements showing the kinds, grades, 

 and weights of the grain in each house. The registration 

 clerks add up the receipts issued and canceled during 



