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Wheat And Flour (Prices)

Volume 236: debated on Monday 17 March 1930

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asked the President of the Board of Trade, in respect of London and also of typical provincial towns, the present margins of price between wheat, flour and bread respectively; and the corresponding figures for 1914 and for 1918?

I regret that the data available with regard to prices at which wheat and flour of similar quality were sold at particular plaices at the times indicated in the question are not sufficient to serve as the basis of comparable calculations of the margins between wheat and flour. Further, such calculations would require, in addition, information regarding the prices of milling offals. The different kinds of flour used by bakers of bread, and the varying amount of bread made from any specified quantity of flour, might render calculations of the margins between flour and bread untrustworthy for the purposes of such bread comparisons

Shillings per cwt.Shillings per cwt.Shillings per cwt.Shillings per cwt.
British wheat, March, 19308794808
British wheat, March,1918171701611164
British wheat, March,191477777569
Prices converted to shillings per cwt.
Imported wheat:Live pool.
Northern Manitoba (No. 2), March, 193010110099
(ex ship).(c.i.f.).(No. 3c.i.f.).
Northern Manitoba (No. 2), March,1918181
Northern Manitoba (No. 2), March,19148684887
Argentine, March, 19309898
(ex ship).(spot).(futures c.i.f.).
Argentine, March,1918184
Argentine, March,1914848
(to arrive).
Shillings per sack of 280 lbs.
Imported Spring Patent.
Flour, straight run, March, 1930350360340
Government Regulation.
Flour, home-milled Government Regulation, March, 1918.443443519
Canadian Patent.
Flour,(subsidised and controlled price) household, March, 1914.270250260
Pence per 4 lb. loaf.
Bread, March, 19308–8½
Bread, March,1918 (controlled price)9999
Bread, March,19146
* "Gazette Average" at English Centres, Fiars Prices at Glasgow.
† No quotations.
‡ The retail price of bread in individual towns, other than London, is not available; the prices Most generally charged at the beginning of March, 1930, in the towns specified were 8½d. or 9d.
NOTE.—The average declared value of the wheat imported into the United Kingdom during the months of December, January and February immediately preceding the dates for which price quotations are given above were as follows:—December, 1929–February, 1930, 10s. 7d. per cwt., December, 1917–February, 1918, 17s. 10½d. per cwt., December, 1913–February, 1914, 7s. 10d. per cwt.

as are indicated. Some information regarding prices quoted at London, Manchester, Hull and Glasgow at the beginning of March in the years 1914, 1918 and 1930 for wheat and for flour is given in the following statement, which also shows the prices usually charged in those periods for bread.