CANADIAN WHEAT MARKET
PEGGING OF THE PRICE (United Press Association—By Electric Telegraph Copyrights MONTREAL, Jan. 15. pWe at)e not interested in July futures,” Mr John I. MacFarland, general manager of the central selling agency of the Canadian wheat poois stated when commenting on the slump in prices to-day on the Winnipeg grain exchange. “All our interests are in May. The price is pegged at 80 cents. It will stay there. Our purchases arc for May delivery. We arc going to take delivery then.” He was referring to the wheat purchases in in's operations carried on with a guarantee to the hanks' 'byMho Dominion. May 'closed at 80 1-8 cents and July at 80i-
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Bibliographic details
Hawera Star, Volume LIV, 17 January 1935, Page 5
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113CANADIAN WHEAT MARKET Hawera Star, Volume LIV, 17 January 1935, Page 5
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