CANADIAN WHEAT.
FINANCING THE HARVEST. ESTIMATE OF TOTAL SUPPLY. 'United Press Association—Copyright.) WINNIPEG, August 14. A denial was made here to-day on behalf of the Western Wheat Pool that it liad asked the Governments of the prairie provinces to guarantee the finance for this season's wheat crop, or that the financial stringency and the position of the markets made it necessary for the pools to confine their business to wheat alone. It stated that coarse grains would also be handled as usual. Intimations that the banks would continue to underwrite the financial opportunities of the pools were expected to have a far-reaching effect on the continent's wheat market, such free selling that occurred at Winnipeg yesterday being said to be for Chicago account and not for pools. The total carry-over of Canadian wheat this season, including the quantity in bond in the United States, was 128,000.000 bushels, or the same as last vear. Based on a 400,000,000bushel crop for air Canada tie total supply, however, is figured at 52°)0W,000 bushels, against 428,000,000 for 1929.
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Ashburton Guardian, Volume 50, Issue 260, 16 August 1930, Page 5
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174CANADIAN WHEAT. Ashburton Guardian, Volume 50, Issue 260, 16 August 1930, Page 5
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