WHEAT DEAL THAT REQUIRES EXPLAINING
^ Received Moiidav, 7.0 p.m. LOXDOX, Feh. 10. Tlie Argentum has made 100 per -011 1 prolit on a vheat deal vvilh Britain, says the Daily Yeli-grnpli. Mr. Straehev recently bouglit 3110,000 tons of Argentine wlieal to Jill ihe gap in sitpplies. Me refused to aiuiounce the price before both cont racting parties consented hut sutlicieiit iiiformalion is now availalile to show that the price avus approximaleiv £50 per ton free on hoard. This is mure tipari doulile Ihe price the Argentine ( lovernmeiit [>ays Argentum farniers who sell wheat part]y at li'.l 7 sbillings a ton and partlv at "2.1 shillings. Tlie Argentum (!.overninent 's eentral selling ageimy solil the ■wheat to Britain for £15.000,000 and must have inade a prolit, after meeling port and storage ehargcs, of at least £7, 500, 000. Britian's \ ery favoural.de contnict secures ('anadian wlieat at ap pmxiinately £15 ton. The same wheat in tlie Uanadian free murket earns about £24.
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Chronicle (Levin), 18 February 1947, Page 5
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160WHEAT DEAL THAT REQUIRES EXPLAINING Chronicle (Levin), 18 February 1947, Page 5
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