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THE WHEAT GAMBLE.

« ' MAY PRICES'EASIER. MR. PATTEN PUTTLNG ON THE BRAKE, (lit lELEGItAI'II—I'IIKIS ASS»nA , l'l^N t -COl'VlitOlir.) Now York, April 21. It is reported that tho wheat reserves in the United States are two million' bushels in oxcoss of' tho estimate of Mr. 'Wilson, Secretary for Agriculture. • Tho possibility of Congress removing tho duty- has led Mr. Patten to refrain from oornoring July options as ho cornered those of May. Prices are dropping for May deliveries. Yesterday tho quotation was 122$ cents.. PRICES IN ENGLAND. London, April 2L In some of tho, English provincial markets wheat is selling at 60s. a quarter. Tho price of- bread generally is from GJd. to 7Jd. tho four-pound loaf. a droplnTondon. (Reo. April 22, 10.65 p.m.) ■ • London, April 22. Tho price of wheat in London has dropped, tho decrease ranging from 6d.' to Is, per quainter.

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https://paperspast.natlib.govt.nz/newspapers/DOM19090423.2.43

Bibliographic details

Dominion, Volume 2, Issue 489, 23 April 1909, Page 5

Word Count
142

THE WHEAT GAMBLE. Dominion, Volume 2, Issue 489, 23 April 1909, Page 5

THE WHEAT GAMBLE. Dominion, Volume 2, Issue 489, 23 April 1909, Page 5