Open AccessReview of Developments in the Pakistan Economy
Author(s) -
A. M. G. A. M. G.
Publication year - 1961
Publication title -
pakistan development review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.154
H-Index - 26
ISSN - 0030-9729
DOI - 10.30541/v1i3pp.99-111
Subject(s) - agricultural economics , quarter (canadian coin) , economics , geography , archaeology
During the period, July-September 1961, the Lyallpur marketexperienced a further decline of Rs. 0.75 per maund in wheat prices. Theend-September quotations stood at Rs. 13.75—16.00 per maund as againstRs. 14.50—16.00 three months ago and Rs. 15.50—17.00 a year ago. On theother hand, rice prices continued to increase at the Dacca market, whichnecessitated large releases of Government stocks at a fixed rate of Rs.22.75 per maund. Nevertheless, the net increase in prices amounted toRs. 2.40 per maund over the quarter under review. At the close ofSeptember, mediumquality rice ruled at Rs. 32.40 per maund and comparedwith Rs. 30.00 per maund three months ago and Rs. 32.50 a year ago.Further details are given in the table below: