WHY WHEAT SHOULD ADVANCE IN PRICE.

Ashburton Guardian, Volume V, Issue 1534, 16 April 1887, Page 2

WHY WHEAT SHOULD ADVANCE IN PRICE.

Mr Kalns* Jackson, who fa one of the greatest authorities on questions affecting the wheat trade, giyea.tha following twelve reasons why wheat should go up m prloe. The were published m the "Farmer" of. January 24th : The market appears to be going baok. A lack of the most ordinary ooarage, and presence of the moat extraordinary harry to realise petty profits can alone aooouat for thin tendenoy to retrogression two months before the spring. Let it «t onoe be stated that the figures of the market are for advanoe and not decline. From ft week ago-» 1 Toe quantity of wheat on pinage has decreased, 2. The imports of wheat have decreased, 3 . The imports of flour have decreased; 4 The Danube has beoome ioe-blooked. 5. The Baa of Azoff has beoomo loeblcoked. 6 Only five wheat cargoes hive, been on sale off coast. - ' 7. Indian wheat shipments have declined. . ■■-......'.. 8. American wheat shipments to tbe United Kingdom have declined. 9 American flour shipments to the United Kingdom hive declined. 10. News fresh received from California announces only five faohea of rain, Against 20 inohes last year ; crop prospacts diminished m almost the Bame proportion! 11. The Amerloan visible supply of wheat shows a deollne, 12 Continental enquiry for wheat, competing with the British demands, showa a decided freshening. Hero are a doz n sounds and undeniable reasons tor firmnoea, if not for actual price advance. If wheat holders throw away their own and each others' chances of fair profit m the most selfish and foolish rush to clear at the alight rlee of the first fortnight of the new year, then there is, it must be feared, no more to be said. Those who hold tha game are wontonly throwing it into buyers' hands.