AUSTRALIAN WHEAT.

Taranaki Daily News, Volume LVII, Issue 124, 19 October 1914, Page 4

AUSTRALIAN WHEAT.

EiAIKS IMPROVE A GLOOMY OUTLOOK.

By cable. —Press Association.—Copyright

Sydney, Odtobcr 17. The morning papeiw, reviewing, the wheat oiitlo-ok, predict 'that the crop will largely be a failure.

Tht Herald that, according to reports received from Khe various centres, it is doubtful if tihere will be more than two million acres harrested out of the 3 1 /. millions which it was expected 110 eut. The grain of that area does not promise to yield more lihan 7 1 ' million bushels. As the local consumption of wheat amounts to 11 million bushels, it will be realised that the outlook t« very iad. Received 18. 4.40 p.m. Sydney. October 17.

The drowht lias broken and tlhe brF.t Tain since. March has dwn experienced oven- th* l greitcr part of New South Wales. The T'ivcrinn is practicallri the onlv district fo far which has not participated. SI ill there are showery coiulifitwns in the. Riverina find elsewhcsre, tn* elndinir Victoria. South Aiistrala., southern Queensland, wh'ch benefited to a less extent, nre favorable for further Tain. TM o'liH-vvk irencrallv iit greatly improved, rik! (Vtc. niv sood hopes Ihat yestcrdav'« pessimistic wheat crop forecasts will be considerably brightened. There was an incessant downpour in fivdney ye«--ten'iv and nil roorts. inetnd\na Tatitersnll'.i races, 'hat) to ba postponed.

TTTi! RATN CONTINUES. ReePiTe.'! 1!), 11.10 (n.m. f!..vlne«- O+obe* in, _ TTenvv ra, ; n continues Tlv> »""*• i» •"■'deninff. and the Riverin.iv is particyjatimr now. . ... .... ... !