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Reading Standard Etc_16-01-1915_00003.jpg

Reading Standard Etc_16-01-1915_00003.jpg

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, .s venteen ,:Yean. " -,

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high

~t. i.s m =f'ny "yl!I\1'5 "jnce wbod. ,fe tth:ed .ucf
price'S ~1l8 weue rcali.ted · a~ the Readmg Oo'rn Excbango on S:itu:day. when as mUCh! as ~. Per qr'.

was p&id for EDgliah Whe~t and 698. for ~
foreigf ' Theee prices abow n advance of 25 per
cent. v~ t.hos.o pt\.id 12 mo hs ogo. "
:
; ',Che u'pwllrd ten,douey, w icb is. 'retlected in tho
· dBhcr Il~af. i, due to no arciliy. but. to the in· creascU h~igbta for ov~e pupplios and tho extra
insuta.ncc. There 5 no intcrl'erence with
· our aupplica e~t those r m Russia.. whiw'bavo
Th,b l,,,,.,,,th . to cofue through too Balti . or tbo Da.rdalRllies, .t
,
prose~t controlled by the em;y, '.
'
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oo..t. 4r

M b tthe increase is d Q' to the e:r:cesait~, prjeel'
whic h ve Ito be pl\id for nvey~nce of grain fl'Q~

forai n
rts owing tp tho !.cardeLy of ships. ~il
8cat'c ty I i.e eauaed by th~
nee f.rom, the l8a, of
""aat Aee t of Gl!fm, yesae1. which are either
0' ~ illpc*od or have bOOn ~turcd by Clur lNay:r and
p~~::~~ by tpe chartering of ~q 1,000 British venel. M
1
tnnlporta, h08pjt.al ~i let-c. 10- a4dtti01\E thie
~b!..~ i. the war'risk. i ' dr..nee ot·9d! to b.
r qr.
.

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, tb6

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vo.rY,
80 that.
with
KUlaia
ont
'l'lt-e~Clcot
ha.r:vest lo'
?f qUa.obtr,
1-914 if- ,qu.oada
aod
Austr
: ' was
of the running, we have bad to rely alInoat 'e ptlrel,.
upo~ jt1m United Sta.tea and India for our ~Dr&ign
Bupph08. These <;ountri~ hll. ~e naturally fc~t that
! t.hef 'were the · m'alitera lOf t\1o.. situation .a.na, have

de~&ndod~ a oor'rMpondir{gly high Ilgure for their
grain. I 1'be Argentine h~"eet il5 'now nearly ' over,
and fOhipments .-rIo. juat l1:Joiinning, ao that wo m&y
hop.~for more plentiful ,luppliel ilt the noar, (uture
whicblahould b~V, at lI lt L .teadying influauce 00

'h~

t

marl;eta.

r.t'b~ fO!~9~ng is ~n .,

Rel..dlz:&g Ilnn of millen

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aot 'from ~ letter ~ro~ ..

to, •

~me r ' beanDg !OD

lA, ,.,ubjeGt
':\I
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Wo ha.ve never an~cip.t.ed the buge rile tlia.t
t.aken place in whe..t a.nd lIour. At leut. 7J.
(If 't~lf rise ilj~oe to tbe very heavy'
that pave ~ to be paid, and that
y.'t 'oPI>"'" to haye; reached their limit.
oounA'~ with & lurplus of wheat
~ ••,. -DioUo"c,i. the~ IO'lfD' b':l1~ and may force
'fd:Ire per qr., ~ aga..inat 58t.

do

mar,ket. PenonaDy W9 think
,goibigher•.t.nd' we are not buy!"

rJ~ug}l

tho &imost univ,e nal ; I
'aome way below. the top

we
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.. " ••__ , • •• time tWat. 5&. pe'r

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qr..w.. paid for.Eng-

on. th~ l~ m!ol'ket wu in,lla"y, 1898,
an.~ mpted ~rner ,in . wbeat in

"aI

Fr,~perman

War (601. to

!~~li:~~~~b.~Gcime.n
Wu,
·1857 (ss..
'to
, t , eI 0(
};ngh
in
much,
aa pneea
lOa. perwere
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III

way below higb·
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