WHEAT DUTY.

Hokitika Guardian, 4 October 1924, Page 1

WHEAT DUTY.

i n |;ii SVi WIT.I.INGTON. October Tli.' following uHioial :iniKHim ••iiiL-ut. has 1,0011 made lIV i ll!' I I t lin n t nf I min d tins :iinl Commerce: Owing In tllo tin l"i iit ii 11:1 1 «• shortage in Inst’ year's imp tin- Government during this your Inis l oon engaged ill tin- ! nisi in-.-'s ni' importing wheat tn supploinolll tlio I )oin iii inn production. This Ini- hoon done mainly in rclutioii tn .slip] lies I'm- milling purposes, hut in order tn nvniil certain ilidiiultii's. anil in. order Hud all supplies mipilit he duty-free. the Government has up tn this time hriiuvthl in anil snhl tu merohauts a very hir.ee f|Uaiitil.v ul' wheat In,- poultry I'm,-I. The Government uiiule suhstaiili.ll contrails fur forward ileliverv anil i'iinsef| il'Uit I y \ list raliau wheat nf nil.lll Ipia.lity has lieon niaile available tu pmiltry farmers at prions in New Zealand wliieh have nut, reflected the material advanee ill world market values wliieh has taken plaeo daring I lie past lew iiinnths. Al the same lime prieos ul' utlmr leetling stuffs have, with "tie or two exceptions heen comparatively high. As it consequence of the.su eireuiuslnneos the ilentuud lur poultry wheat, pa rt ieiilarly in the North Island. has lieen heavy anil to some extent ahead ul actual eiirrent rei|uiroments. The compand ively low I riees at wliieh flovernnieiit- sales of wheat have heen made apparonllv also tended to rest riot nll'erings by • holders in the south, and statistical information indie.a.lex that .New Zealand wheat, is being withheld Irniu sale in ant.ieipal ion id hotter prieos. Ihe (*"- veinniciU has new suhstantially nunp.leted its arrangements lur supplies to millers, ami the .-Kiel' reason for remaining in business, so far as pmiltry wheal is eonierneil. no longer exists. The Minister of Agriculture therefore announces that in order in avoid being concerned in the trade longer than is necessary, and agreeable to ihe ex-pdes-ed wish of interested parties to secure their own supplies, the Govornment will from November onward leave the market to he supplied uhAlly hy the operations id - merchants and lookers. 11l order that supplies of imported fowl wheat may. if necessary, conic in at- the lowest, possible oust the duly (other, than primage duty) on w! ■■ will he suspended until February 28. and permits for importation (alter Novojniier TSO) of ipiantities of wheat limited to current requirements will he issue'll tu merehants hy the Customs 1 Department. Tn enter that merehants may have adef|iiate time to make the necessary arrangements this notification is given, anil to provide for immediate requirements ahead tlie Government has just released in Wellington and Auckland the suhstaiitia.l ipiantity of 80.000 ■l)tishots el' wheat for poultry food. A similar ipundity will he ofTered merchants in Auckland and Wellington (on the Isisis of previous monthly requirements') towards the end of October. Tlie price for this shipment, which will I e the last sold on Government account to merehants will he Os f)d per bushel sacks in. ex wharf A neklaud and Wellington.