H88 AGRICULTURAL RELIEF ( Comparison in cents per bushel (4-week averages) between average of high and low cash closing prices of No. 1 Dark Northern Spring at Minneapolis and cash clos- ing prices of No. 8 Manitoba Northern at Winnipeg ! [Source: Wheat Studies, Food Research Institute] September-August in 4-week periods First _ oo OPO... mmm <a Third. oe sr pmmm yews POULT... co isin m sim mim wr Pith... .«cemvimsmmsssses SIXth ee immmcenamaan Seventh. _ mmemm—————— Eighth _.. ceee--. Ninth. eee oo Tenth _ ooo Eleventh. eee. Twelfth__ __. mmm Thirteenth. . re emmamm——- AVerage oe 1923-24 Minne, Winni-! apolis peg 122. 5 122. 5 117.3 16.7 18.6 | 22.6 23.3 0.0 1.¢ 98.5 91.1 89. 5 85.7 87.2 91. & £2" 125.3 og. & Mar- gin 24.0 31. 4 27.8 ‘1.0 1.4 1924-25 Minne- apolis Winni-| Mar- peg gin 37.6 154.2 156. 4 171.5 193.6 203." a8, 0 134.6 151.2 150. 8 157.1 175.3 "79.4 “5.0 qa 2.9 of 181 } 1925-26 Minne. Winni- | Mar- apolis peg gin 159. 3 (55.1 162. 6 | 174, 2 79.7 76.0 37.7 3 134.6 118.5 130.0 148.6 146.7 145.8 39.1 39.5 47.2 13.8 14.3 19.9 128. ] 24.7 36.6 32.6 25.6 33.0 30.2 28.6 22.8 17.9 17.1 20.0 4.2 17.2 140.5) 25.5 1686. 0 1 Figures based on price material published in Wheat Studies, November, 1926, III, No. 1, and corre- sponding data for July and August, 1926, drawn from the Daily Market Record of Minneapolis and the Grain Trade News of Winnipeg. Comparison between weighted average cash sales prices of No. 1 Dark Northern Spring at Minneapolis and average of high and low cash prices (weighted by snspections) of No. 8 Manitoba Northern at Winnipeg 1! [Cents per bushel, monthly averages of daily prices] Month September.__._._.__.. Oetober. oo. _._.._. November ...._....... december... __...... January. .c....coc.. ‘ebruary... Aarch_ ooo... go 3 | A May..._. June.... July_.____. . August Verage._ __ _____ 1923-24 Minne-| Winni- ._ | Minne-| apolis peg | Margin apolis oF = °C °C '1 4 A 2 a 1924-25 Winni- pi Margin 1 a - Minne-} apolis 8 8 1925-26 Winni- | : Da Margin 131 27 120 38 135 31 ) 28 . 30 28 30 19 20 23 26 21 9 { Minneapolis prices from Agriculture Yearbook, 1925, p. 765, and Crops and Markets (unpublished averages furnished by Bureau of Agricultural Economics); Winnipeg prices computed from data obtained from the W. Sanford Evans Statistical Service at Winninee and from the Winnineg Grain Trade News.