WHEAT SUPPLIES

Greymouth Evening Star, 7 November 1931, Page 11

WHEAT SUPPLIES

JAPANESE PURCHASES. [BY CABLE —PBESS ASSN. —COPYBIGHT.) NEW YORK, November 5. A message from Santiago (Chile) states that Valparaiso advices have been received to the effect that Japanese agents had closed a deal for one hundred million bushels of wheat in Australia, and that they are now considering additional wheat purchases in South America. SURPLUS DISAPPEARING. WASHINGTON, November 5. Chairman Stone, of the United States Farm Board, to-day predicted that the burdensome world wheat stir-

plus will be entirely removed by next year. The Chairman has received private estimates of the United States winter wheat acreage showing it will be reduced by eighteen to twenty-two per cent. CHICAGO SPECULATION. CHICAGO, November 5. The price of wheat as well as that of all grains, has continued to increase in a wild market, with intervals of heavy buying and profit taking. The latest official reports estimated the Argentine’s new wheat export surplus at twenty-five million bushels below last , year’s export surplus. Wheat prices to-day closed: December 65J cents per bushel, March 691 cents, May 70J, July 71J-

“BAXTER’S” BEATS THE ’FLU. “Wait and see" is the world’s worst policy if you’ve th'e slightest fear that the ’u in getting you- Don’t wait a moment. Go to bed, keep warm, and take “Baxter’s” as a precautionary measure. Even if you are being attacked by an ordinary cold you will have done the right thing. “Baxter’s” win immediately reduce the fever, soothe the throat and chest, and because of its tonic, properties, quickly put you on your feet again. So great is the demand for “Baxter’s" to-day that every chemist and storekeeper in New Zealand has it, in bottles at 1/6, 2/6 and 4/6. Insist on “Baxter’s.”—Advt.