IMPERIAL WHEAT SCHEME
BOMBSHELL TO THE TRADE. United Press Association—Copyright. (‘•The Times. 55 ) LONDON. October 11. “The Times’’ says the Government wheat scheme is a bombshell to the trade. Grain merchants frankly recognise they cannot, expect to repeat the profits earned hitherto, but expect the ’Government will conduct trade through the existing channels. “Hie Times” adds that consumers who expect a fall in prices may be disappointed. PRICE OF BREAD UP. (Australian and N.Z. Cable Assn.) (Received October 12, 7.10 i p.m.) LONDON, October 12. The London bakers have increased the price of the quartern loaf to lOd. TRADE AT A STANDSTILL. (Australian and N.Z. Cable Assn.) (Received Oct. 12, 5.50 p.m.) LONDON, Oct. 12. The wheat trade is at a standstill waiting tlie effect of the Government action. ... The Commission has issued a circular to the trade announcing that it is prepared to take over at last Mondav’s fair market price all holdings or'contracts then existing for wheat and Hour controlled by the Commission to he sold through the custoniarv channels by firms appointed by Governmeiit agents. .Lite Commission's action is not intended in any wav to restrict free dealing in stocks of wheat and flour not bought bv the Commission.
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Bibliographic details
Gisborne Times, Volume XLVII, Issue 4369, 13 October 1916, Page 5
Word Count
202IMPERIAL WHEAT SCHEME Gisborne Times, Volume XLVII, Issue 4369, 13 October 1916, Page 5
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