WHEAT ADVANCE ACT
Chaos Reported in N.S.W.
Export Trade.
FEW VESSELS CHARTERED
(Received 11 a.m.)
SYDNEY,' this day.
Only five or six vessels have been „ chartered to load the new season's,wheat crop in New South Wales, as compared with 20 or 30 which in normal times would have been engaged. Chaos exists in the wheat export business. Shippers assert that because of uncertainty regarding their responsibility under the Wheat Advance Act they are making no attempt to engage new full cargo space,-whilst numbers of parcel bookings have been cancelled, though it is estimated that the exportable sur- . plus in the Commonwealth will amount to about 4,000,000 tons. The bookings to date only amount, approximately to 650,000 tons.
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Bibliographic details
Auckland Star, 2 January 1931, Page 7
Word Count
117WHEAT ADVANCE ACT Auckland Star, 2 January 1931, Page 7
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