WHEAT PRICES
DROP AT CHICAGO
(United Press Association—By Electric Telegraph—Copyright)
WASHINGTON, 19th April.
Wheat prices at Chicago dropped five cents when the report was spread attributing the wheat pronouncement tc. Mr Wallace, particularly as the statement considered it inevitable that a close alignment between domestic and world prices would occur within the next year. Wheat recovered its losses before the close of the day, but Mr Wallace, queried by corespondents, declared that the prediction .narrowing the difference between the two prices “is anybody’s guess.” He added that the dominant factor in determining the domestic price is the impending crop of possibly 720,000,000 over last year.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NEM19340421.2.83
Bibliographic details
Nelson Evening Mail, Volume LXVI, 21 April 1934, Page 7
Word Count
105WHEAT PRICES Nelson Evening Mail, Volume LXVI, 21 April 1934, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Nelson Evening Mail. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.