THE PRICE OF WHEAT.
AUCKLAND'S SEXSATIO.V DISSELTO]) By Telegraph.—Presa Association. C'hribU'UuK'ii. List Night. Writiug to The l'rcea on tin* subjri* •f the wheat market, Mr. 11. Wood, chairman of the Flourimlloiv tion, «tates: "It" there was any foundation for this report of Australian buyer* intentions, it is only reasonable to suppoai; that tiiey would riist turn their atteution to those Uistriets lar»fly interested in producing wueat, but it h 'going from home to hear news' with a vengeance when we find they know ali about it in a district which grows just a small fraction over one per cent, of the wheat produced in the Dominion, whilst nothing is known of it in tne district which grows 72y 2 per cent, of the wheat crop. It is, perhaps, scarcely worth while wasting time to point out "how this ' information 5 is being made to suit. First of ail w e are toTd that two Australians are coming over to buy. Then we art* told that they have been buying for two months past. I am quite willing that the truth of the position should be judged by the statement of an Auckland miller that 'more than half of the two million bushels surplus has been shipped to London. " Mr. Wood then quotes from the New Zealand Trade Review figures showing that from Ist February to 31st May the shipments of wheat totalled 150,403 sacks (say 521,543 bushels). He has verified these figures by the returns of vessels actually cleared, such returns having been obtained from the various Customs offices. ' Mtu*;-;' ' . —■ THE ASSOCIATION'S OPERATIONS
IN AUCKLAND. CRUSHING THOSE OUTSIDE THE RING. Auckland,' Last Night. ' With reference to the Christohurcfe telegram stating that unless the millers can he united again a "cutting war" will lie instituted by the southerners, a local miller stated to-day that the New Zealand Flourmillers' Association can't cut prices any more in Auckland than they bare been doing for tlhfe pest eight years. Auckland had long been the Association's dumping ground for its! surplus stock, owing to the mills fcere refusing to join tlie combine, but there was one thing certain, and that was that if the Association dissolved the "cutting" would extend to-its own tied ports, and it Would then he a case of the "survival of the fittest" amongst tbose hi the Association. The Auckland miHs were, however, quite prepared to hold theit own. In .reference to the Dunedin wire as to flour .being able to Ibe landed in Auckland at ; £ll 0s 6d on the wharf, it was stated that the Flourmillers' Association's recent price for flour in Canterbury and North Otago, where the wittat is grown at the millers' door, was more thara that lor which they were delivering it in Aufiktad, which was proof of the Association's abject to «rusb those without tike combine. This fatt was recently exposed by certain astute persons in Auckland buying the Aseociition's wheat at the low figure they asked for jit here and then re-ship-ping the grain to Wellington and Napier, both strongholds of the Association, and underselling them there. local tafcers, interviewed, stated that they trad never heard of flour being landed aa the Auckland wharf at £ll Os 6d per ton as) stated in the Dunedin wire. Concerning thie 2% per cint. discount, alleged to be allowed the bakers here, all of those approached strenuously denied ever having been allowed the lame.
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Taranaki Daily News, Volume LII, Issue 113, 10 June 1909, Page 3
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567THE PRICE OF WHEAT. Taranaki Daily News, Volume LII, Issue 113, 10 June 1909, Page 3
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