WHEAT RISES AGAIN.
Bolstered Up by Changed Conditions. United Press Assn.—By Electric Telegraph—Copyright. (Received November 3, 10.5 a.m.) WINNIPEG, November 2. Bolstered up by light offerings and the export of 1,000,000 bushels overnight, wheat turned upward on Wednesday, regaining virtually all Tuesday’s loss with gains of .1 to lj. SOUTH AFRICA’S POSITION. (Received November 3. 11.30 a.m.) CAPE TOWN, November 2. In connection with the wheat crisis, despite the ravages of pests, the larger areas have produced a surplus, which, with the carry-over from last year, totals 1,000,000 bags. The consumption has been reduced, and co-operative societies have advanced 17s 6d a bag for wheat stored in the elevators. For this wheat the railways are asking increased charges, and the Government now has been requested to make sales below 22s 6d illegal, and to create a pool and subsidise exports.
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Bibliographic details
Star (Christchurch), Volume XLIV, Issue 601, 3 November 1932, Page 1
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140WHEAT RISES AGAIN. Star (Christchurch), Volume XLIV, Issue 601, 3 November 1932, Page 1
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