Evening Republican, Volume 19, Number 64, Rensselaer, Jasper County, 17 March 1915 — NEW CORN RULES [ARTICLE]

NEW CORN RULES

Chicage Board of Trade Prepares fe» Federal Corn Grades. [Natlenal Cr»p Impravamant 8«rvi««.) in order to adjust its rules te ee» tjiß with the new federal grades of eern, which go into effect July 1, the Chicago Beard of Trade on April IB amended section 8 of its rule XXII so as te permit the delivery of No. 1 white corn, No. 8 white corn, No. 1 >ellow corn and No, B yellow corn ea all contracts at l-2e per bushel ever contract price. No, 1 mixed corn and No. 3 mixed eorn are deliverable at -on tract price. No. B white corn and No. 3 yellow corn are deliverable at 8c per bushel under contract prieej a<i No. 3 mixed corn at 2 l-2e under contract price. All of these grades are the new federal grades. Section 3 of the same rule is further amended so as to permit the delivery of No. 4 white corn and No. 4 yellow corn on contracts at a discount of 4 l-2c per bushel and No. 4 mixed corn at a discount of 5c per bushel, provided that No. 4 corn of the new crop can be delivered only during the months of November, December, January and February.