WAR RESIDUE
REALISATION SALE.
PROCEEDS, £680,000,000,
LONDON, January 1. The biggest selling organisation in the history of the world will wind up in March when the Disposals Commission will complete its liquidation of British war stores. The toUl realised amounted to about £BO 0060,000, to which another _*1 s >- 000,000 will be added when the Treasury collects the monies advanced tor the establishment of wartime factories. The Commission, started off with a staff of 47,000 for the collecting, surveying, valuing and Felling material on practically every battlefront, as well as in producing countries. It was necessary to locate thousands of boats and barges on French rivers and canals and thousands in Belgium. Sales in Iraq realised £9,000,000 (mainly new roads): in Egypt and Palestine £8,0C0,000 (also mostly roads). India bought £10.000,000 worth of stores; Italy £2,500,000, and Ireland £1,000,000. The' Commission's staff now numbers only five. « .
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Bibliographic details
Poverty Bay Herald, Volume LIII, Issue 16233, 6 January 1927, Page 7
Word Count
146WAR RESIDUE Poverty Bay Herald, Volume LIII, Issue 16233, 6 January 1927, Page 7
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