Loss on Harbour Bridge Construction
DEPRECIATION OF THE AUSTRALIAN POUND. United Pres 3 Association —By Electric Telegraph—Copyright. LONDON, Dec. 20. Explaining the loss on the Sydney Harbour Bridge contract, the chairman of Dorman, Long and Company, Mr Charles Mitchell, pointed out that the Company had been paid in Australian pounds, which no one in 1924 could possibly have foreseen would have depreciated to 16s by 1931.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MT19321222.2.48
Bibliographic details
Manawatu Times, Volume LV, Issue 7037, 22 December 1932, Page 7
Word Count
66Loss on Harbour Bridge Construction Manawatu Times, Volume LV, Issue 7037, 22 December 1932, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Times. 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.
Log in