THE GRAIN MARKET.
Excitement ia Europe.
Rise in "Wheat.
London, August 15. The Russian inhibition has caused a general rise in the wheat market. English has advanced a further sixpence ; French Is 6d ; German is active; red winter, New Yfork, 110 cents.
There is an enormous advance al Amsterdam, Vienna and Berlin.
Owing to the action of "bears," the agitation is increasing in Germany for a reduction of the duties on corn and other food grains. Cargoes of wheat ex Lismore. and Nith, from Lyttelton, have been sold for export to the Continent. Lismor's realised 40s and Nith's 40s 3d.
Diamond back moths are ravaging the crops in the north of England. Clouds of moths obscured for a whole night the light from the lighthouse on Fame Island. Berlin, August 14. Owing to Russia prohibiting the export of rye, the price of that article buß advanced considerably, and is now 16s dearer than wheat. The inorease has caused a panic in the grain market. August 16, The Council of Ministers of Berlin has decided not to reduce the corn duties at present, but will agree to a reduction in freight charges for cereals on State railways.
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Wairarapa Daily Times, Volume XII, Issue 3889, 18 August 1891, Page 2
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196THE GRAIN MARKET. Wairarapa Daily Times, Volume XII, Issue 3889, 18 August 1891, Page 2
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