BONUS ON WHEAT
FINAL PAYMENT FOR 1935 CROP. AMOUNT OF 7id PER BUSHEL. TOTAL OF £150,898 INVOLVED. (Per Press Association.) CHRISTCHURCH, This Day. The wheat-growers of New Zealand will receive £150,898 as a bonus on the disposal of the 1935 crop handled by the Wheat Purchase Board, now the Wheat Committee. It is hoped that the payment will be distributed before the end of this month. The amount, which represents 7id on 4,995,230 bushels, is smaller than the bonus paid out last year, because of a shorter crop. The Wheat Committee, which met in Christchurch on Thursday and yesterday, announced the payment last evening. Last year the price of wheat to the grower was fixed at 4s a bushel for Tuscan grade for January, February, and March, with monthly increments thereafter of a penny till August and September, when the increment was id. Hunters, grade was 2d more throughout the season, and Pearl grade was 4d more than Tuscan. The final payment will represent a return to the grower of 4s 7Jd on a January-March Tuscan basis. The greater part of the amount to be paid will remain in Canterbury.
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Bibliographic details
Ashburton Guardian, Volume 56, Issue 100, 8 February 1936, Page 3
Word Count
190BONUS ON WHEAT Ashburton Guardian, Volume 56, Issue 100, 8 February 1936, Page 3
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