HARDENING
THiE PRICE OF WHEAT
.'C ;..• Australian Press Association. ' --(Received sth. June, 11.40 a.m.) , ::. '.'CHICAGO, 4th June." : News of the Farm Relief Bill responsible for another big jump in the priqe of wheat, when future deliveries advanced from 5Vt cents, to 7 1-8 cents per bushel." "Reports that the Department of Agriculture is planning to recommend that 200 million dollars be made available immediately 'for stabilisation of farm prices : caused a; bull rush at»the close. July wheat ■was selling at 1 dol. 8 5-8 pents; Septem--"ber, 1 dol. 13% cents; December, 1 dol. 19 ■ cents. Oh ' reports that Congressional leaders favoured an immediate appropriation of 500 million dollars for stabilisation of agriculture, wheat prices advanced from 3:7rßicentstjo.;6lTl6.cents on Tuesday. Winnipeg ;piarket is sympathetic with the advance; in'Ghicagov Local wheat has advanced by 6% y cents to 7 5-8 cents.
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Bibliographic details
Evening Post, Volume CVII, Issue 129, 5 June 1929, Page 14
Word Count
139HARDENING Evening Post, Volume CVII, Issue 129, 5 June 1929, Page 14
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