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The position locally regarding wheat and flour is unchanged. .Millers are looking for supplies of the, grain, but cannot say -where these are likely to come from. Inquiries this morning" elicited the in-foj-jnation that the consignment of Canadian wheat which the Government, have arranged for hats' not yet left San Francisco. The delay has. been caused by the impossibility of obtaining freight, the abnormal conditions now existing making tonnage extremely scarce ; in fact. British ships are not offering at ail from the. Pacific coast, and the Hornelen. is being utilised to bring the cargo out. She. will leave '.Frisco thiis week, and take her final departure from the Pacific, coast for Auckland direct next week, which means that she will not reach New Zealand for a month at least. The price at which the grain is, likely to be landed cannot be ascertained yet. but latest quotations by mail from London put the price of No. 1 North Manitoba at SOs for old crop and 49s s<l for new < rop per 4961b, landed at that port. This is, roughly, equal to 6> per bushel. The freight from the Pacific coast to Europe via Panama is jin-;t now 7s to 10s more than to New Zealand, so the. cost, of the wheat should be proportionately less here. The price named, however, was that ruling some six weeks ago. and it is impossible to say what the New Zealand consignment will actually cost. It is understood that a. quantity of Canadian flour will be shipped to private consignees by the fame boat.

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Bibliographic details

WHEAT AND FLOUR, Issue 15691, 4 January 1915

Word Count

WHEAT AND FLOUR Issue 15691, 4 January 1915

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