THE PRICE OF WHEAT AND FLOOR.

Press, Volume LXIII, Issue 12936, 16 October 1907, Page 7

THE PRICE OF WHEAT AND FLOOR.

♦ ; _■■ ANOTHER RISE. The price of flour h«a been further advanced £1, md is now quoted at £13 per ton. A mIo of wheat has taken placo at Rakaia at Gs 3d per bushel, the highest price recorded for vory many yoare. (frem association tsuceah.) WELLINGTON, October 13. In the Houeo of Representatives thia afternoon, Mr H. J. li. Okey, member for Tarnmki, gavo notice to ask the Government if it would pees an urgent measure, empowering it to take the duty off flour, the prico of which waa becoming prohibitive. By reason of the rose of an extra £1 per ton made in the price of flour yesterday, the price f.oA. at southern porte becomes £13 por ton, and the cost to Wellington purchase!* rune out at £13 16s per ton. It was thought that the £2 per ton increased price that has gone ou eince the Wellington bfrkera raised the price of bread to 4d the 21b loaf would result in an inunodiato further rice, but enquiries tnado elicited the information that it was nob intended to make any increase for the present, there being a hope tiiat the present exerted state of the flour market was only transient, and that later developments in the great wheat crowing countries might ease the etraui. (SrECIAL TO "THI MIKSS. , ') , DUNEDIN, October 15. In view of * further rise in the price of flour, it » interesting to learn that a local firm report having told a line of 3200 sacks of prime wheat at 5e 6d c bushel (sacks 7d), on troclaat Oamaru. Thia is the highest prioe obtlined hero for wheat for many years. Sinco bread increased to 7jd, the falling-off in the consumption in Don* edin has been considerable. It kaa meant a difference to one firm sJmm ' of a thousand loaves * week. (press association ttusaKikf.) DUNEDIN, October VS. The wlieat market oontinue* to ad« - vance, and several thousand sack* of wheat sold to-d*jr at a price equal to 6e 8d or Ss 9d delivered in Dunedia. which is the highest figure recorded for many years. It is stated that an/ further rig* in the price of flour will necessitate in. creasing the prioo of bread to 8d -«r loaf.