Extending the Wheat Trade.
(Per Press Association). Melbourne, This Day. Some time ago a number of wheat producers in this colony despatched a delegate to the United States to gather information as to wheat export trade and coguate matters, and have just received a report from him in which he states he sees no real difficulty in the way of bulk shipments of wheat being sent to America at a profit. The inventor of the new " whale-back "ships, now engaged in carrying wheat to England, assured the delgate that his ships could take bulk grain on any voyage without the necesfity of an increase in the insurance risk. The Company controlling this method of transportation will consider the suggestion made by the delegate, but they will secure almost a monopoly of the Australian wheat trade if they carry cargoes at reaaonable rates. The Victorian farmers have, so far, weathered the storm of low prices better than the American and Canadian farmers, and the report declares, with proper developement, they possess advantages which should place them fair above them.
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Bibliographic details
Feilding Star, Volume XVI, Issue 166, 12 January 1895, Page 2
Word Count
178Extending the Wheat Trade. Feilding Star, Volume XVI, Issue 166, 12 January 1895, Page 2
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