'There has been less talk over the wheat Joan negotiations, "and it seems that this proposal' will, not materialise. Local flour has, how: ever, been very weak, but this been' due to the drop in the Winn peg and Chicago option markets, Chicago, December wheat daring Wednesday's session reached a new low at 44, but owing to a better export "demand "and" buying, a natural result of this drop, prices have reacted slightly. Millers have shown quite some" interest, but owing to the weak flour and wheat, Sill find it very diffeutt to operate. A few cargoes of Australian wheat for shipment during Jan/Feb, have, plas estrss pald fa current year. () estimated, (2) detect $Pall'ta 5% preterenes Stook (Continued on page 182.)
Text read from the printed page and cleaned; old type leaves the occasional error.