COMMERCIAL.
HEAVY DECREASE IN CANADIAN WHEAT PRICES (United Press Assn.—By Electric Telegraph—Copyright.) (Received November 25, 11.30 a.m.) OTTAWA, November 24. A Winnipeg message states that the Canadian W heat Pool has announced that there has resulted a decline in the return to the farmer from 20 dollars 40 cents an acre in 1925 to 6 dollars 92 cents in 1930 on the basis of the present prices for wheat. May Stabilise Prices in U.S. WASHINGTON, November 24. The chairman, Senator Legge, informed the Senate Agriculture Committee at a meeting with representatives of the farmers organisations that the Farm Board could stabilise American wheat prices at 76 cents, or approximately 22 cents above the Liverpool quotations, and that the Board was considering purchases of more wheat. The conference was summoned to obtain farmers’ organisations’ support to the proposal that the Farm Board be given a free hand with a wheat-buying programme before Congress is asked to act on any other measures for farm relief.
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Bibliographic details
Star (Christchurch), Issue 19236, 25 November 1930, Page 3
Word Count
163COMMERCIAL. Star (Christchurch), Issue 19236, 25 November 1930, Page 3
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