COMMONWEALTH ITEMS.

Hawera & Normanby Star, Volume LXVIII, Issue LXVIII, 13 October 1914, Page 5

COMMONWEALTH ITEMS.

THE PRICE OF WHEAT. '

LONDON, Oct. ,12

In reply to queries respecting the price for the incoming wheat crop, the President of the Commission stated:

"We cannot fix the price until the supply and demand are known. In any case, we have no power to fix a price outside New South Wales, although I do not see why we should neglect the interest of the whole of Australia and New Zealand. The Commission Vill respect bona-fide transactions if wheat is bought at a Mgher price than is fixed later. The • Commission does not contemplate the seizure and holding at the declared price."