NEW ZEALAND WOOL
BRITAIN’S FIRST PAYMENT. [PER PRESS ASSOCIATION'.] WELLINGTON, December 7. Advice was received by the Marketing Department in a cablegram from London to-day that the first payment on account of wool purchased from New Zealand by the United Kingdom Government had been paid into the Reserve Bank’s account at the Bank of England. Making this announcement in a broadcast, tlie Minister for .Marketing (Mr. Nash) said the amount of this cheque was £476,910. 'rhe payment was the first in the new procedure, and was for wool appraised in Auckland, Gisborne, Tolaga Bay, and Tokomaru Bay. The department was ready to make payment to brokers on prompt dates, the first of which was Saturday. However, payment could only be made on receipt of brokers’ invoices, some of which were not yet to band.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GEST19391208.2.83
Bibliographic details
Greymouth Evening Star, 8 December 1939, Page 12
Word Count
134NEW ZEALAND WOOL Greymouth Evening Star, 8 December 1939, Page 12
Using This Item
The Greymouth Evening Star Co Ltd is the copyright owner for the Greymouth Evening Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in