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EXCHANGE CRISIS.

REFLECTS ON AMERICA. MEAT SALES FALLING. CAX\II] AN TRADE TRANSFERRED. (Received S a.in.) NEW YORK, Feb. f>. The. Chicago Institute of American Packers announces (hat Ihe demoralisation of the sterling exchange has resulted in :i large decrease in European purchases of American merits, 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. OTTAWA, Feb 6. A message from Winnipeg states that the Boar<l of Trade, the Bankers' Association, wholesale merchants, and women's organisations have unanimous]y resolved to couse buying American goods in order to check the disastrous discount of Canadian "paper", and to buy British good instead. —A. and N.Z.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NA19200209.2.33.3

Bibliographic details

Northern Advocate, 9 February 1920, Page 5

Word Count
120

EXCHANGE CRISIS. Northern Advocate, 9 February 1920, Page 5

EXCHANGE CRISIS. Northern Advocate, 9 February 1920, Page 5

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