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COLLAPSE IN FREIGHTS.

DOWN TO BEDROCK. By Electric Telegraph. —Press Association. —Copyright. (Times— Sydney Sun Service.) Received 7.35 p.m. LONDON, May 29. Lord Joicev, presiding at Newcastle Chamber of Commerce, said there had been a complete collapse in the freight market, and shipowners seemed to have got down to the bedrock, but low freights mo.de cheaper food and larger consumption. These things had an extraordinary way of righting themselves.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MT19140530.2.33

Bibliographic details

Manawatu Times, Volume LXXVIII, Issue 12804, 30 May 1914, Page 5

Word Count
69

COLLAPSE IN FREIGHTS. Manawatu Times, Volume LXXVIII, Issue 12804, 30 May 1914, Page 5

COLLAPSE IN FREIGHTS. Manawatu Times, Volume LXXVIII, Issue 12804, 30 May 1914, Page 5