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DROP IN WHEAT PRICES

TRADING IN CHICAGO PIT Australian and JV.Z. Press Association ) Reed 10.47 a.m. CHICAGO, Monday. Floor selling in the last minutes of trading in the wheat pit brought a sharp drop in wheat prices in the Chicago Board of Trade. The pressure is credited to Eastern holders of long grain, and is attributed to Argentine reports of threatening weather in the wheat provinces and drought news from the southern hemisphere, which have been the market’s main support in recent sessions. Wheat closed:—September, 1 dollar 301 « ejits a bushel; December, 1 dollar 09 t ents: March. I dollar 44 5-8 cents; May, 1 dollar 4S 5-8 cents. AUSTRALIAN DRIED FRUITS Australian and N.Z. Press Association) MELBOURNE. Monday. Sales of Australian dried fruits in Britain last week constitute a record. They totalled £236.000. This was largely due to the failure of the Turkish fruit crop.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/SUNAK19290917.2.111.3

Bibliographic details

Sun (Auckland), Volume III, Issue 770, 17 September 1929, Page 10

Word Count
146

DROP IN WHEAT PRICES Sun (Auckland), Volume III, Issue 770, 17 September 1929, Page 10

DROP IN WHEAT PRICES Sun (Auckland), Volume III, Issue 770, 17 September 1929, Page 10

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