WHEAT SUPPLIES.

Feilding Star, Volume 3, Issue 554, 31 December 1925, Page 5

WHEAT SUPPLIES.

MOVE TO ORGANISE MARKET CONFER FNCE CALLED BY CANADIAN POOLS. (Aust. and N.Z. Cable.) Ottawa, Dec. 29. A Winnipeg message states that Australia, Argentina, Canada, the United States and possibly Great 'Britain, will be represented at a conference of co-operative marketing associations, initiated by the Canadian wheat Pools, to be held at St. Paul’s' Minnesota, on ’February K>, when it is intimated that a niqyfc/will be made to organise the world-wide wheat market. The Canadian Wheat Pools have made a thorough, investigation of the marketing situation in the various countries, and the .results of the study will be placed before the conference.

CANADIAN WHEAT PRICES ; V JUMPING. ' Chicago, Dec. 29. 'flic price of wheat at Chicago is jumping as much as 7 cents a bushel. Wheat prices on Tuesday established the highest record for .the season, following Mr Hoover’s comment at , \ •’Washington that if the United tSates .sold wheat in exchange for British rubber .the price would be based on a ratio of cost of production, which would lie 8 dollars a bushel. / AAVy

LONDON TRICKS EASIER. London, Dec. Cargoes of wheat are in apathetic demand al from fid to Is per bushel easier on lower grades. American cables give freer offerings/ Australian parcels are in .quiet request at 9d to Is fid per bushel down, but the market closed steadier.