WHEAT FOR CHINA
UNITED STATES SALES
AUSTRALIA ANNOYED
(Received March 13, 2 p.m.) SYDNEY, This Day. Cabled advice from London announce! that China has purchased large quantities of wheat from Argentina and the United States. The United States a few weeks ago caused consternation in the Australian market by selling eight shiploads of wheat to China on a longterm credit. The complaint was made at the time that America had broken the London Agreement and a promise was given that the agreement would not be transgressed again. Now'the NewSouth Wales growers with 33,000,000 bushels in silos and stacks find themselves underbid, and England • and Europe, the only markets left, are already saturated with cheap grain.
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Bibliographic details
Evening Post, Volume CXVI, Issue 61, 13 March 1934, Page 8
Word Count
115WHEAT FOR CHINA Evening Post, Volume CXVI, Issue 61, 13 March 1934, Page 8
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