COMMERCIAL.
Colonial Wheat.— Farmers may take heart of grace from the following paragraph regarding the corn trade, which wo clip from the "Lyttelton Times" of a recent dote: — The advices received by the Nevada, both from Europe and' America point strongly in the direction of a rise in the price of wheat. The crop in California is estimated as likely to yield only three-fifths of that of the previous year, while the state of the markets in Europe is certain to render high prices a matter of certainty for many months to come. Should the next harvest in England be deficient, wheat will rule high for the next year or two. A great authority — Mr Kains-Jack-son — declares that England will have to depend almost entirely upon Australian imports for the best sorts of milling wheat to mix with the new crop dne in September."
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Bibliographic details
Wellington Independent, Volume XXVI, Issue 3203, 19 May 1871, Page 2
Word Count
144
COMMERCIAL.
Wellington Independent, Volume XXVI, Issue 3203, 19 May 1871, Page 2
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