WHEAT SUPPLIES.

Taihape Daily Times, Volume XI, Issue 3451, 3 April 1920, Page 5

WHEAT SUPPLIES.

A GLOOMY FORECAST. ACUTE SHORTAGE LIKELY. WELLINGTON, March 31. In six months’ time, predicts Mr H. Baldwin, the well-known Wellington flour and grain merchant, who returned from a Southern trip of investigation, there will be one of the sharpest pinches in the flour business in New Zealand has seen. Mr Baldwin adds: “Thereis no miller in the Dominion_witb more than six months’ supply of Wheat for griisting, and that proportion of wheat in hand isfstuff that in ordinary years would be looked at a second time if offered as fowl wheat The shortage of wheat is soacute that, in order to get milling wheat, the seconds included have tobe taken and paid for as milling wheat. With a shortage in Australia and an embargo upon export, then it is clear. in Mr Ba]dwin’s ‘opinion. that there is not muchhope from that quarter. Quotations from San Francisco have been received; £25 a ton‘ c.i.f., but, as the new seaso«n’s crop will be due in another four months, that price may (be modified. .With exchange,‘ American flour would cost £3O a ton, yet it would not Surprise Mr Baldwin if We had to bring flour across the Pacific before the end of the year.