THE STAFF OF LIFE.
Wellington, October 15
By reason of the rise of an extra per ton made in the price of flour yesterday, the price f.o.b. at Southern ports becomes £l3 per ton, and the cost to Wellington purchasers runs out at 15s per ton. It was thought that the £2 per ton increased price that has gone on since the Wellington bakers raised the price of bread to 4d the 2lb loaf would result in an immediate further rise, but enquiries made elicited the information that was not intended to make any increase for the present, there being a hope that the present excited state of the flour market was only transient, and that later developments in the great wheat-growing countries might ease the strain. Dunedin, October 15.
The wheat market continues to advance, and several thousand sacks ot wheat sold to-day at a price equal to 5s 8d or 5s gd delivered in Dunedin, which is the highest price recorded for many years. It is stated that any further rise in the price of flour will necessitate an increase in the price of bread to 8d per loaf.
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Manawatu Herald, Volume XXIX, Issue 3776, 17 October 1907, Page 3
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191THE STAFF OF LIFE. Manawatu Herald, Volume XXIX, Issue 3776, 17 October 1907, Page 3
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