THE PRICE OF WHEAT.

North Otago Times, 11 October 1907, Page 2

THE PRICE OF WHEAT.

I'cr Press 'Association. I Duncdin, Oct. 10. I The commercial editor of too Otago [Daily Times says the rapid advance in the wheat markets in London and Australia, accelerated by reports ot crop failures in India, and the tear of a drought in Australia, bas hart Us effect upon the. wheat markets n New Zealand. Sales were made both in Timaru and Oamaru to-day at ds on trucks, or at the rate of fcl per bac. being an advance ai ii per buIn consequence of -this the, New zoa land Flour Millers' Association decided this afternoon to raise the price of flour by *1 per Jon. and t focal potation is «»» il L s . l ' E ton. In all «prooabiuty tins wi» carrv with it a further advance of J J on the price of bread, making t W theVibWf. It is jmclerstood tfic Master Bakers-Association wH meet to-morrow to discuss the situation.