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TO THK EDITOR. Sir, —The bakers in Dunedin appear to go one better than the millers. The latter rise the price of flour £1 per ton and the bakers put £2 on their bread. Neither rise is warranted. There is a surplus of wheat in the colony of over half a million bushels, and the price here is higher than in London. Our New Zealand millers and speculators have bought up a’l the wheat, theie being, comparatively speaking, none in farmers’ hands. Shipments of flour to the Australian colonies only net about £lO per ton, and this should be the price here. Most of the bakers in Dunedin have purchased their supplies till next harvest at about this figure • and at £lO per ton and the 41b loaf 6d a profit of about £7 per ton will be left. Surelv this should satisfy the bakers. A correspondent in last night’s Stab suggests a co-operative bakery. This is what is wanted. It is absurd to see the largo number of bakers’ carts running all over town and suburbs serving customers. One-half could do all the business. This is labor lost, and the consumers have to pay for it. If a co-operative bakery companv were started, with a capital of £IO,OOO in £1 shares, it would go off at once. Then the latest up-to-date machinery could be procured by the company, and bread could be sold at least a penny a loaf cheaper than under the present system, and we should be supplied with wholesome and much cleaner bread. The original £lO shares of the Aerated Bread Company of London are, I am informed, selling at £loo. I am, etc., Consumer. Dunedin, October 5,

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Bibliographic details

THE PRICE OF BREAD., Evening Star, Issue 10439, 7 October 1897

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THE PRICE OF BREAD. Evening Star, Issue 10439, 7 October 1897