MPORTED FLOUR.
POSITION HEY TEWED. A FCK LAND, i )i'i. 2(1. Tin* anomalous position whereby Hour in Sydney is selling at >j| i pia ton and. on exportation to Wiv Zealand. realised nboiit £|:i wn- di-eus-id to-day liy a |irnniiiiein llmiiiinll.w. It Inal lieon obi i■ iu- I'ur some time lie said, that laeal prices ic.lild not compote with ilm rednetinn which had neeessi luted the iid roduet.ion of the State commandeer system to stabilise li.'o position in New Zealand. The system whereby New Zealand imported largo (|iiantities of wheat front Australia was nnsonml been use the day wotihl come when the ('omininiwenltli would not he able to export to t lie Dominion the increased ipiniitities reipiircd. There was no doubt that. New Zealand could produce more wheat than at present. It was very dilficnll to say what, developments there would la> after December. when the (lovcrnment tviinrptislied iis aid. 'ldle danger of outside competition again proving detrimental to the country was -till present, and floatations for .January shipment did not offer much prospect of relief. li was impossible to say what the altitude of New Zealand millers would he alter the expiration of (loverunient control. The price of wheat in .Australia next year was based on the tentative price of os a bushel, which would mean that, after various import charges had lieon added, the New Zealand price would he about 7s lid. Early in September the millet'' bulk parcels were, being sought at (is 'did in Sydno.t while farmers’ lots were selling at os ft Id. Hulk parcels were fetching os >hi e\ truck. Sydney, about the middle of October, while farmers’ lots were valued at Is ltd at country stations, or at os till on a Sydney basis. Lower prices were expected all round next season, although it was difficult to speculate until more definite information was to hand. Prospects for the coming crop were excellent tip to a few weeks ago in Australia, but latest reports indicated that dry weather was likely to have an eli'ect. I
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/HOG19251029.2.37
Bibliographic details
Ngā taipitopito pukapuka
Hokitika Guardian, 29 October 1925, Page 4
Word count
Tapeke kupu
341MPORTED FLOUR. Hokitika Guardian, 29 October 1925, Page 4
Using this item
Te whakamahi i tēnei tūemi
The Greymouth Evening Star Co Ltd is the copyright owner for the Hokitika Guardian. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in