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WHEAT PRICES.

STATEMENT BY PREMIER,

NO INCREASE ON BREAD

WELLINGTON, This Day,

Questioned regarding the telegraphed statement from Christehurch en the wheat situation, Mr Maasey said the qualifying word "probably" should not nave een U3ec * * n refer ' ene.e to f he differentiation in price for the different kinds of wheat. He said different prices would b e paid, and thi s was part of the bargain made. It was represented tQ him that of the bulk oi the wheat grown in N;ew> 3S e aland, as much as 80 per cent, was Tuscan for which the

lowest price, 6s 3d f.0.b., was paid. Mr Massey added that tfag Government did not propose to stop the subsidy to millers. The price paid for New Zealand wheat would be averaged with that paid for the Australian, bought some time ago, which would reduce the selling pric c to the fillers to a point below the cost °f" Now Zealand grain- This would dispose of the suggestion that there would be a rise of twopence in the price of the four-pound loaf.—Press Assn.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NA19200120.2.6

Bibliographic details

Northern Advocate, 20 January 1920, Page 1

Word Count
180

WHEAT PRICES. Northern Advocate, 20 January 1920, Page 1

WHEAT PRICES. Northern Advocate, 20 January 1920, Page 1

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