The Archive · 1934

Wheat and Flour

ably steady. In spite of the tremenous slump in. silver, prices for wheat" remained" practically can be said conservatively that the technical position the world wheat situation is rather sound, and that the further developments silver values will hardly affect. the tendencies of wheat markets, business hasbeen done Shanghai, Mills are not enquiring for foreign wheat. Nominal prices for foreign wheat expressed in sll-ver dollars have advanced tremenly In view of the very unfavourable rates of exchange.

The Shanghai flour market has also been very steady. Prices are about unchanged. At the same time, based on foreign wheat Prices, Shanghai flour prices are far too low, whilst the flour market did not chance to recover, since native offered at remarkably cheap

Text read from the printed page and cleaned; old type leaves the occasional error.

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