SIXPENCE A BUSHEL.
WHEAT BOARD BONUS. Per Press Association. CHRISTCHURCH. April 19. More than £200,000 will be distributed to wheat growers of New Zealand by tlie Wheat Purchase Board, which has decided to pay out 6d a bushel on all milling wheat of the 1933 ciop it handled. . , No figures have been given by the board, but the total amount last year is understood to be 8 000,000 bushels. The distribution will bring the price of 1933 wheat to a minimum of 3s lOd a bushel to the grower tor earlier deliveries of Tuscan, and slightly more than 4s on the average over the whole year. Hunters are worth 2d and Pearl 4d more than Tuscan. The payment will be made witlnn the next lew weeks. The Wheat Purchase Board was formed by the Government early m January, 1933, to deal with the surplus, which it was estimated nould cause a disastrous level of prices to growers. The hoard fixed the pnoe at 3s 4d on trucks for Tuscan in the earlier months of the season, the price being considered as an interim return to growers to induce millers to buy early. Increments were put on as tlie season progressed, therpiUX to farmers gradually rising to 3s 9d. The selling price to millers was 4s TJd for the first three months, and there after rose in penny, and haßpenny crements to 5s Old m Septen be .
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Bibliographic details
Manawatu Standard, Volume LIV, Issue 120, 20 April 1934, Page 7
Word Count
236SIXPENCE A BUSHEL. Manawatu Standard, Volume LIV, Issue 120, 20 April 1934, Page 7
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