Part 352 (2/2)

15,027. Did it continue to fall during the rest of the year?-I see that a month later than the last quotation I have given it was just about the same price.

15,028. Was there a good harvest in 1868?-No; but the crop here does not affect the market price.

15,029. But was there a good harvest that year over Scotland and England?-I don't remember just now. I see that in August 1868 the price was up 6d. per boll.

15,030. Was the price as high as 1s. 9d. per peck in January 1869?-It was not. I see on 26th January we have it charged at 23s. per boll, which would be about 1s. 6d. less per boll than it was in July, and 3s. 6d. less than it was in April 1868.

15,031. Therefore you would say that in January 1869 meal was considerably cheaper than it had been in April of the previous year?-Yes.

15,032. What was the price of oatmeal on February 11, 1870?-I don't have the price on the 11th; but on 5th February it was 17s.

3d., and on the 15th 17s., or about 1s. per peck.

15,033. Have you any means of telling me the price of Indian meal, although you do not sell it?-I have bought two or three bolls of it within the last year or two, and I have paid somewhere about 13s. or 14s. per boll for it. That would be somewhere about 9d. per peck, or rather 10d., because in weighing out there is generally about half a peck of loss per boll, and allowance must be made for that.

15,034. Then 1s. per peck would be rather a high price for it by retail?-Yes, it would be high enough.

15,035. I suppose the qualities of flour that you sell in your trade are more various than the qualities of meal?-Yes, we have several qualities.

15,036. What would be the price of your best flour on October 6, 1869?-I see the finest quality of flour would be about 14d. per peck. The next quality below that was 16s. per boll, which would retail at 1s. per peck; that is overhead flour, what we call fine.

15,037. On 2d June 1871 what would be the price of overhead flour?-It was 16s. 6d. per boll on 30th May, which would retail at 1s. per peck. There are two qualities of overhead flour, fine and common.

15,038. At that date would 1s. 3d. per peck have been a high price for overhead flour of any quality?-Yes, it would have been a top price. 1s. per peck was the price of the common kind; but there is only a difference in price of about 2s. per boll between common and fine.

15,039. Therefore, even for the fine quality, 1s. 3d. would be it very high price?-Yes.

15,040. What were the average prices of oatmeal in 1870?-

In Jan. about 17s. 9d.In April, about 17s. 6d.

” Feb. ” 17s. 3d. ” May, ” 18s. 9d.

” March, ”17s. 6d. ” June ” 19s. 0d.

Up to the middle of July it was 19s. 6d., and then it took it start in the beginning of the French War up to 22s. In a week it was down 1s., to 21s., at which it continued during the first three weeks of August, and the last week 19s. 6d. September, 19s. The first week of October, 19s.; second week, and to the end of the month, 18s.

6d. November, 19s. December, about 19s. 3d. In 1871 the prices, taking them about the middle of each month, were-

s.d.s.d.

January,196July,216 February,200August,210.

March,206September,210 April,210October, 200 May,216November,190 June,216December.196

In January 1872, 19s. cash, or 19s. 6d. credit. The prices I have given are all credit prices. If the cash was paid for meal at any of these times, it was always 6d. per boll less.

15,041. How do you proceed when you sell by the peck?-We always allow half a peck or a peck per sack for weighing out, and that comes to about 1/2d. a peck.

15,042. So that, when meal is 19s. 6d., as at present, it is 131/2d.

per peck?-Yes, either cash or credit. We would not make any difference on the peck.

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