THE CORNER IN WHEAT.
CABLE NEWS.
United Pregs Association—By Electric Telegraph Copyright.
THE AMERICAN STOCKS. Received April 16, 8.40 a.m. LONDON, April 15. The American visible wheat supply is 59,112,000 bushels. 1 PRICE OF BREAD RAISED. Received April 16, 9.40 a.m. MELBOURNE, April 16. The price of the four-pound loaf has been raised to sevenpence. A PROHIBITIVE BILL. Received April 16, 10.53 p.m. NEW YORK, April 16. Mr Scott, chairman of the Committee ofjAgriculture, has introduced a Bill in the House of Representatives at Washington prohibiting dealing in future in wheat, cotton, and agricultural produce. Chicago wheat is demoralised. May wheat slumped to 126 cents, and July to 114 cents, until fifteen minutes before the close, when'Mr Patten furiously bought three million bushels, and May wheat recovered to 127J cents, and July 115f cents. Enormous business was transacted.
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Wairarapa Age, Volume XXXII, Issue 3166, 17 April 1909, Page 5
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138THE CORNER IN WHEAT. Wairarapa Age, Volume XXXII, Issue 3166, 17 April 1909, Page 5
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