CHEAPER FLOUR.
Flour has fallen £1 per ton, which reduces the price from £11 10s. to £10 10s. f.o.b. in the south. .The drop has been brought about, according to advices from Christchurch, by the discovery, that some of the southern, mills were shipping 'to Auckland at a rate 30s. per ton cheaper than the ruling association rates, which enabled'it to he reshipped to Wellington and resold with more profit than by importing it.direct from Timaru. This report is not borne out by Mr. D. W. Virtue, the Wellington representative of the association, who states that' the fact that Auckland merchants were able to soil a little cheaper was because they had stocked v heavily when flour was comparatively cheap. They carried their cutting operations as far south as Wellington, 1 which caused the association to quote a rate that would compete, with them. ~-:■■■ ...■.' : According to tho sliding scale of prices for bread in relation to tho prico of flour, adopted by the Wellington Master Bakers' Association some time ago, tho 41b. loaf was to be sold at 7d. 'with flour at £10 10s. f.0.b., and 7Jd. with flour at.£ll 15s. The former prico has ruled in Wellington for months past.. '.'.''-' :
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Bibliographic details
Dominion, Volume 2, Issue 516, 25 May 1909, Page 10
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201CHEAPER FLOUR. Dominion, Volume 2, Issue 516, 25 May 1909, Page 10
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