WAR-TIME WOOL STOCKS
BRITISH GOVERNMENT’S PROFIT
(New Zealand Press Association) LONDON, July 3. The British Government made a profit of £62,870,432 sterling on the accumulated war-time stocks of Commonwealth wool sold at auctions between 1949 and June, 1950, Mr Hervey Rhodes, Parliamentary Secretary to the Board of Trade, said to-day. Mr Rhodes added that the sale by auction of wool grown in Britain and bought by the Government between 1945 and 1949 resulted in a profit of £416,636 sterling.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19510705.2.122
Bibliographic details
Press, Volume LXXXVII, Issue 26465, 5 July 1951, Page 8
Word Count
79WAR-TIME WOOL STOCKS Press, Volume LXXXVII, Issue 26465, 5 July 1951, Page 8
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in