LMEBICAN IAI'oki COBB (MAIZE) in BUBOPB. 11 
per bushel contains ns per cent of dr\ matter, ami each i per cenl <>l 
dry matter is therefore worth fa of 10 cents, whioh equals .4545 H <»f 
l (tuI; corn containing 22 per cenl of moisture which c o nt ains but 
per cenl of tin matter would, on the same basis, be worth 7*x 
.4545 of I cent, or 35.45 cents, per bushel, and corn co n t aining 25 
per cenl of moisture and 75 per cenl of dry matter would be worth 
i ;, 1 5 of 1 cent, or 34.09 cents, per bushel on a -li> matter 
basis. The worth of each l per cenl of <lr\ matter for each price 
per unit of measure given is shown in the column al the right of the 
table. 
The table may be used either way to ascertain these relative values. 
\ for instance, if a maximum of 16 per cenl of moisture is allowed 
in •• No. 2 Corn" and thai grade of corn is worth 70.64 cents pel 
bushel, then corn of the same grade containing only 12 per cenl of 
moisture would be worth 7 1 cents per bushel, while corn containing 
22 per cent of moisture would be worth bul 65.59 cents per bushel on 
;i dry-matter basis. 
nil RATIO Ol Mil MOI8TUBE CONTEN1 l'> TUB DETERIORATION <»l 
QB \l\. 
li will be noted in the table thai no account is taken of the accel- 
erated risk from deterioration in grain as it- moisture content is 
increased, nor the consequent reduction in value of the grain for stor- 
age and transportation purposes." It will also be noted that the 
difference in value per each I per cent of dry matter increases in 
direct proportion to the increase in the price, so that as the prices 
of grain increase the differences in value per each I per cent of dry 
matter or of moisture become of more material importance to the 
producer and consumer of grain. These greater differences in actual 
value in the higher priced grain are sufficient to reimburse the pro- 
ducer or seller for the cost of reducing the moisture content of the 
grain and to enable the consumer to purchase it at the increased 
it, provided the grain is bought and sold on a basis of it- dry- 
matter content. 
SUGGESTIONS RELATIVE I <> GRADING CORN. 
The results o( these investigations so far as they have progressed, 
indicate that commercial corn, in order to fix it- intrinsic worth as 
nearly as possible by grades, should be divided into at least two 
classes: (1) To include only well-matured and well-developed corn 
containing not more than 2\ per cent of held <>r mold damaged 
"It i> confidently hoped thai the investigations now befng < .i rri«-<l mi by the 
Office of Grain Standardisation will threw some liu'ln upon the ratio of increased ri-k 
to increased moisture in commercial grains for *t<>r.n;<' and transportation p«ir| ■ 
[Cir.fiS] 
