PRICES OF FLOUR AND BREAD.

Colonist, Volume LXII, Issue 15318, 5 March 1920, Page 5

PRICES OF FLOUR AND BREAD.

MR. MASSEY'S STATEMENT.

[Per United Press Association.]

Wellington, March 4. The decision of the Government with regard to the increases to 'be made in the price of bread and flour in conse-; ciuence of the increase in price of wheat,! was made known by the Prime Minister, j The increase of id per 21b loaf, recently j arnounced, is not sanctioned, nor will the price of flour be allowed to rise by £3 per ton. The increases are to be exactly, half these amounts. The Cabinet yesterday sanctioned the following prices for the year ending February 28th, 1921:—Flour, £16 10s per ton, f.o.b. Lyttelton, Tiinaru, and Oamaruj at other places, plus transportation charges (the price of Hour up till now has boon £15 per ton); bran £7 and pollard £9 f.o.b. same ports, and an increase in bread prices of id per 21b loaf and Id per 41b loaf over the price fixed last year by the Board of Trade. These prices will operate forthwith. The ! subsidy to millers has TiSen fixed, and ■ arrangements made to ensure that the ■ public will .receive the benefit as far as j the carry-over from last year's supply ; is concerned. j \