FREIGHT ON WHEAT.
SOME of the difficulties connected with the shipment of Australian wheat, which has been purchased by the Imperial Government, were mentioned by Mr W. M. Hughes recently. He said the cost of transporting a bushel of wheat from Australia to London is now 4s 9d, which is equal to the price at which the wheat has been sold. It costs as much as the wheat was worth to carry it to Loudon by the Cape of Good Hope or Cape Horn, and more than it was worth by way of the Mediterranean. Mr Hughes said he could not say what prospects there were of enough freight being avail-
able to hike the wheal away. He only knew that the best possible arrangements were being made for the transport of the wheat. During 1914 1,200,000 tons of wheat had been exported from Australia, but duif ing the present year about 1,600,000 tons had been sent away. If the coming harvest proved a success* there would be with the residuum of the old crop not far short of 3,500,000 tons' of wheat. With the same shipping facilities as had been provided during 1916 it would take two years to send the crop away. The wheat that was most handy would be shipped first.
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Manawatu Herald, Volume XXXIV, Issue 1657, 4 January 1917, Page 2
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214FREIGHT ON WHEAT. Manawatu Herald, Volume XXXIV, Issue 1657, 4 January 1917, Page 2
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