SHORTAGE OF WHEAT.

Taranaki Daily News, Volume LVII, Issue 152, 3 December 1914, Page 4

SHORTAGE OF WHEAT.

ONLY A QUARTER CROP. By Cable—Press Association— Copyright. t . Sydney, December 2. In the Assembly, tho Wheat AcouislP,,S9<!<l the reaZf. What farmers are obtaining bettrre«ults than they anticipated, ' £ Government statistician now the yield at 15,700,000 bushels! Tlip St.,) Mul^. ou, ' ,l( ; December 2. rhe State cabinet has repealed tho legislative prices of wheat, flour torn po'lard and bread. . ' DraB > The Federal bureau estimates the. 000 000 ! Cat . 'V' <,! 'l° f Aui,t ««a #t 25,! 000000 bushels, how South Wales 11 million biwli(?l Sf Victoria, 4* million els Ivmt 50 " tl ' A V- stralia ;:, " il " lio " ijuahtls, West Australia 2} million bushels Queensland, 1} „iilli olsl buahel mania, half a million bushels ' ob£d Kar mmm bußl '' el9 were

NEW SOUTH WALES' SCHEME.

Received 2, 0.20 p.m. P _ , . . Sydney, December 2. Explaining the Wheat Hill Mr Hall says the Government does riot propose to. purchase every bushel of wl, ( ?atTrow£ but offers 5b a bushel to farmers desirlig to sell, but m the event of the market failing, it iiolds no responsibility to recoup the farmer holding stocks Farmers will not be allowed §> J°&£.

, r . . Adelaide, December 2. 46,064,761 bushels. CBthnate is

CANADIAN SHIPMENTS TO VPIV ZEALAND.

Received 2, 10.50 p.m. tt „ T , Ottawa, December 2. „„ i o oster, Minister for Trade and Commerce, recently purchased and forwarded 250,000 bu.hds „f „. lleat I0 ® -New Zealand, and an additional HO.oSo will oe purchased shortly and shipped.

EFFECT OF AUCTRALIAX LEGISLA-

OPERATORS CAUGHT SHORT.

Received 2, 10.50 p.m. Melbourne, December 2. The action of the legislation repealing the fixed prices has caused confusion in the wheat market. The Government is not condemned for fixing the prices, but for lacking the courage to commandeer the wheat, and, as soon as the elections were over, lifting the bar to free sales. Many operators were caught short for largo, amounts. The Government now proposes to import, and to do this must induce the federal Government to rcpiove the duty. SUGGESTED BORROWING. Christchurch, Last Night. ■Mr. Acland, Reform candidate for Avon, suggested this evening that the Government, in addition to purchases of wheat in Australia and Canada, might borrow sufficient wheat from Australia, pending the harvesting of our own crop, and return the quantity to theni when the crop was reaped. This would smash any possible scheme of the millers to ex* ploit the public by holding for a b'.t ring in the next few weeks.