THE RISE IN WHEAT.

Rangitikei Advocate and Manawatu Argus, Volume XXXIV, Issue 9419, 15 April 1909, Page 5

THE RISE IN WHEAT.

CORNER IN CHICAGO. United Pres Association.—By Bleoirio Telegraph. —Copyright. New York, April 14. May wheat at Chicago,has risen to 128 cents (5s 4d), July 117 cents, and September 109, cents. Mr Patten is bolding for 180 cents for July and 125 cents for September. During the week a syndicate holding ten million bushels joined Mr Patten. The quartern loaf in London has risen to sixpence. Bakers are demanding a rise to sixpence halfpenny or sevenpejce. EPFEQ.T IN AUSTRALASIA. Sydney, April 14. / Flour advanced 10s to-day. -

Press Association. Auckland, April 14, The Auckland millers have raised the price of flour 10a per ton which makes the wholesale rate £l2 10s pec ton lesi the usual discount. This rise is the outcome of the- steady advance that has taken place in the wheat markets of the world. .Wellington April 14. The price of flour was raised £1 per ton to-day. The price of bread will probably be raised in consequence. Pollard, on the oher hand, has dropped £1 per ton. FAILURE OF SPECULATORS. Received April 15, 8.40 a. New York, .’April 14. Ennis and Toppanni, stockers of New York and Chicago, have failed with liabilities 1,200,000 dollars and assets 400,000. The failure is due to speonlation in May wheat.