BREAD PRICES.
JNCIMSABS NOT LIKELY.
OPINION IN THF SOUTH.
(By Telegraph—Own Correspondent.) WELLINGTON, this day.
The Auckland Chamber of Commerce recently diseussed tlie probable effect of the new duties imposed on the wheat and flour in connection with the amended t»riff. The Minister of Customs, in a letter to the Chamber, had stated that the tariff had been in operation since November 1, and he had not heard of any advance in the price of bread, and he did not believe that the new tariff would lead to an increase.
A Wellington reports, on inquiring among city firms yesterday, learned that t)iere is fto probability of an increase in bread prices in Wellington. One firm dealing latgeiy in flour pointed out that harvest prospects this season were exceptionally good, and whereas tho requirements <s{ jS«w Zealand in wheat were annually from about 8,250,000 to 8,500,000 bushels, the yield this year was likely to exceed that quantity.
It w»s suggested also that there might he a reduction in the price of flour, owing to the expected good harvest, but it does not follow that the price of bread would be lowered. It is under--etwd that the Australian prospects, apart from the Adelaide district, are not up to expectations this year,
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Bibliographic details
Auckland Star, Volume LIX, Issue 29, 4 February 1928, Page 21
Word Count
209BREAD PRICES. Auckland Star, Volume LIX, Issue 29, 4 February 1928, Page 21
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