AUSTRALIAN EXPORTS
QUESTION OF SHIPPING FREIGHTS IMPORTANT DECISIONS Press Association —ByTelegraph—Copyright. SYDNEY, September 6. (Received September 6, at 9.55 a.m.) Important decisions have been reached by the Council of the Australian Oversea Transport Association, having as their object the rationalisation of shipping in handling Australian exports, the stabilisation of freights at present levels, and an eventual reduction in freights. The freight on wool, except that shipped to Japan and the United States, will be increased by one-sixteenth of a penny a pound, stnd a “ loyalty ” rebate of Is 9d a bale on greasy wool, and Is 6d a bale on scoured wool will be made at the end of the season. A compromise lias been reached on the question of payment of freight on refrigerated cargo on the basis of London sterling, shipowners agreeing to meet half the cost .of exchange. The exporters of butter and fruit have agreed to this proposal. The meat industry will decide the question next week.
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Evening Star, Issue 20582, 6 September 1930, Page 15
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161AUSTRALIAN EXPORTS Evening Star, Issue 20582, 6 September 1930, Page 15
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