RUSSIA’S WHEAT

Hokitika Guardian, 26 September 1930, Page 5

RUSSIA’S WHEAT

„ JUnitedPress Association.—By Electric : Telegraph.—Copyright.] - LONDON, September 24. . There lias been a decided easing. in / the Russian wheat chartering to-day. iA London grain report says:—A niod--1 erate decline in values during the may be taken as a criterion of the aqtual position. Tlie scare statements can be discounted when the present , out- . look of supply ife. six million. Russian Quarters, .which is relatively insignificant compared, with the pre-war average of tWianty, millions. . v WASHINGTON, September 25. Hyde arid Silas"Strawn, ■! counsel for the committee, of. Chicago Board of Trade, revealed that had made no progress Upward an agreement upon the effect of. the alleged Russian wheat sales, - following a conference' between Hyde arid the . Chicago committee i n which Hyde’s asesrti.ons that Russian . short, sellinghad a. serious effect upon the ? .market .was denied. Hyde con-, tiriued to insist.-it was. important that short selling be stopped while the Board! of. Trade, representatives declared the. trading had only a “negligible; effect! on' the market; . . ' . WHEAT QUESTION. . U.S.A.FARMERS TO BE ; - TOANCEB. WASHINGTON, -Sept. 24/ Coincident with the news of the prevailing, -depression - in.-wheat prices, the, Federal Reserve Bank have announced, .’that amplp,funds were available .for the marketing and financing of’ the!; season’s -crops. The Board'asserted. that, it will render the farmers all •posajble assistance, and will place at;, their ..'/disposal, credit facilities at exceptionally low interest rates. ' i- '.COMMUNIST ACTIVITY. .. ,NEW YORK, Sept. 24. . Mr Ramilton .Fish,'Chairman of the United States .House of Representatives •Odmmittee j . which is investigjatr ing, the. ; Coirilniinist activities in the , count^^rhas!, telegraphed to the Hon Mr.’ j3&fintett; ; Prime Minister ,of.,Can.ada, suggesting that he should sand, , representatives to the. Committee’s inquiry into , the .Soviet. short wheat selling go on Monday last.