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The Monetary Crisis.

BRITISH TRADE FAVOURED.

Ottawa, Feb. 6. A message from Winnipeg states that the Board of Trade, Bankers' Association, wholesale merchants and Women’s organisations unanimously resolved to cease , buying American goods in order to check the disastrous discount of Canadian paper and to buy British goods instead. —(A. and N.Z.) New York, Feb. 6.

The Chicago Institute of American Packers has announced that the demoralisation of the exchange resulted in a large decrease in European purchase of American meats, especially during January, when purchases ceased almost .wholly. It is believed that a reduction in the price of packing house products in America is inevitable. —(A'. and N.Z.)

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HBTRIB19200209.2.21

Bibliographic details

Hawke's Bay Tribune, Volume X, Issue 48, 9 February 1920, Page 5

Word Count
109

The Monetary Crisis. Hawke's Bay Tribune, Volume X, Issue 48, 9 February 1920, Page 5

The Monetary Crisis. Hawke's Bay Tribune, Volume X, Issue 48, 9 February 1920, Page 5

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