Article image
Article image
Article image
Article image

BECOMING CRITICAL.

BRITISH SHIPPING POSITION. i COSTS MOUNTING STEEPLY. (Received 9.30 a.m.) LOXDOX, March 31. The position of British shipping is becoming more critical as negotiations continue without any indication that the Werument intends to give the industry the long-awaited square deal, similar to that given the railways. It is claimed that tlie daily running i * «L a <leep sea tram P steamer i>f about 9000 tous dead-weight was £51 10/ ] last January, compared with £35 sterling ' last April. The average cost of running a deep sea liner last January was about 2o per cent above the pie-war level, while ' shipbuilding coste have been almost . doubled. ( The condition of British shipping is obviously a matter of vi'al importance Australia and New Zealand. Merchants have to look to other sources than Australia and New Zealand for cheeses. Traders report an increasing demand, partly as a result of the rationing of meat and bacon and the lack of canned meats.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19400401.2.30.3

Bibliographic details

Auckland Star, Volume LXXI, Issue 77, 1 April 1940, Page 4

Word Count
158

BECOMING CRITICAL. Auckland Star, Volume LXXI, Issue 77, 1 April 1940, Page 4

BECOMING CRITICAL. Auckland Star, Volume LXXI, Issue 77, 1 April 1940, Page 4