THE PROBLEM OF PROVISIONS.

Oamaru Mail, Volume XXXIX, Issue 12306, 5 August 1914, Page 4

THE PROBLEM OF PROVISIONS.

SYDNEY WHEAT BOOM END I.! I)

BHJTAI.VS PRECAUTIONS.

Sydney, August 1. * .Tlie boom in wJioiit values lias pnw tically ended, and there is strong pre.— sure to sell locally. Holders are afraid or the financial position, and prices lnn'i' dropped to 4s 4d lor forward dclivei ii'i> December and February 3s Hidliic wholesale merchants are n'lvoeating a State proclamation prohibiting the exportation of wheat and flour during the crisis, thus avoiding tlt*-" possibility of a shortage. Received August 5, at 0.30.. a.m. Sydney, August I. 'llitt nraster bakers meet to-inm-ru"' to consider the advisability of inn l ing the price of bread. Received August -1. at 10.05 p.m. London. August :l Replying to a question in the Huiiy of Commons. lUr Lloyd George suited that the Government was ciirclullv considering the food supply, and had arrived at h decision in regard to war risks for tile protection of cargoes siU'l ships, lie promised details tu-inorniw, when he would also deal with tlu< currency circulation and notes.