U.S. WHEAT-GROWERS

Hawke's Bay Tribune, Volume XX, Issue 73, 13 March 1930, Page 7

U.S. WHEAT-GROWERS

OPPOSITION OF EUROPEAN NATIONS U.S. SENATOR’S ALLEGATION (United Press Association—By CableCopyrlgbt.) (Received 13,12.15 p.m.) Washington, March 12. Senator Brookhart (Republican), of lowa, to-day called upon the United States Farm Board to co-oper-ate with the Canadian wheat poo' in opposition to Britain, France and Italy. Ho said he believed that a combination of the three European nations against the United States wheat growers was in operation. NEW LOW LEVELS FOR SEASON

(United Press Association—By Cable— Copyright.) (Received 13, 11.45 a.m.) New York, March 12. The strong support which has been credited to the Farm Board and Eastern interests brought the Chicago wheat market back on a fairly even keel, when it appeared that wheat prices were heading for a collapse. The majority of losses sustained early in the session were recovered before the close out, but before the reaction set in the July and September figures hit new low levels for the season. Wheat closed at: March 4051, May 1091, July 103 5-8, September 105 1-8. A report from Winnipeg states that wheat broke to-day to the lowest level for six years. May wheat sold only one and a-quarter above the dollar but closed at 104 3-8; cash wheat reached 98 3-8.