CHAOTIC MARKET.
NEW SOUTH WALES WHEAT BUSINESS. SYDNEY, Jan. 2. Only five or six vessels have been chartered to load New South Wales’ new season’s wheat crop, compared with twenty or thirty which, in normal times, would have been engaged. Chaos exists in the wheat export business. Shippers assert that Because of the uncertainty regarding their responsibility under the Wheat Advances Act they are making no attempt to engage new full cargo space, whilst numbers of parcel bookings have been cancelled. Though it is estimated that the exportable surplus in the Commonwealth amounts to about four million tons, the bookings to date amount to only approximately 650,000.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS19310103.2.82
Bibliographic details
Manawatu Standard, Volume LI, Issue 28, 3 January 1931, Page 7
Word Count
107CHAOTIC MARKET. Manawatu Standard, Volume LI, Issue 28, 3 January 1931, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Standard. 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.