MARKETING 229 



No 2 yellow corn shall be three-fourths yellow, 

 dry, reasonably clean, but not plump enough for No i. 



No 3 yellow corn shall be three-fourths yellow, 

 reasonably dry and reasonably clean, but not suffi- 

 ciently sound for No 2. 



No 2 white corn shall be seven-eighths white, dry, 

 reasonably clean, but not plump enough for No 1. 



No 3 white corn shall be seven-eighths white, 

 reasonably dry and reasonably clean, but not suffi- 

 ciently sound for No 2. 



No 2 corn shall be mixed corn, dry, reasonably 

 clean, but not good enough for No 1. 



No 3 corn shall be mixed corn, reasonably dry 

 and reasonably clean, but not sufficiently sound for 

 No 2. 



THE SALE OF CORN BY SAMPLE ON 'CHANGE 



Unless previous distribution has been arranged 

 for, the car is generally consigned to a commission 

 merchant, who takes a portion of the official sample 

 furnished by the inspection department, with the then 

 known grade, the sample representing a fair average 

 of the contents of the car. The inspection department 

 temporarily reserves its own portion of the sample in 

 case of controversy. Very often the commission mer- 

 chant also takes an independent average sample of the 

 car for purposes of comparison. These samples, with 

 grade and car number attached (with hundreds of 

 their fellows) are offered on 'change, and are sold on 

 their merits the same as any other commodity in mer- 

 cantile life, whether it be cotton goods, raw wool, pine 

 shingles, or iron ore. 



The buyers represent many interests; those en- 

 gaged in the shipping business want to make up a 

 cargo of corn for Buffalo or New Orleans, or for ex- 

 port account; a distiller or a glucose house wants a 



