WHEAT FOR CHINA
SALES OH CREDIT BASIS AMERICA’S EFFORTS. Press Association —By Telegraph—Copyright OTTAWA, September 27. Government spokesmen state that there is no intention to extend credits to China to buy Canadian wheat. The proposal has been left with the wheat pools. The efforts of the United States to sell wheat to the Orient on a credit basis are seriously hindering Canadian sales. Grain dealers assert that Canada has always supplied wheat for almost all the Chinese needs during October and November, but this year Washington is endeavouring to divert trade through credits. The Chinese, it is declared here, will be quite able to buy for cash, and shipments to the Orient from Canada during the next two months are expected to exceed .‘1,000.000 bushels. Seven cargoes have already been arranged.
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Bibliographic details
Evening Star, Issue 21220, 29 September 1932, Page 9
Word Count
131WHEAT FOR CHINA Evening Star, Issue 21220, 29 September 1932, Page 9
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