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COAL TRADE WARNED

PURCHASES BY ITALY NEED FOR CAUTION (British Official Wireless.) RUGBY, July’ 6. Captain H. F. C. Crookshank, Parliamentary Secretary for Mines, replying to a question in the House of Commons as to whether he was aware hat the coal-ownex-s in Britain had been warned that the resources of the Italian clearing houses were nearing exhausion, said he had warned the coal trade that the utmost .caution should be exercised in accepting any further commitments in the Italian market, which already had made large purchases of coal. The contracts already made, if fully executed, would probably leave no margin of payment for the rest of 1937 The position was about to be discussed informally with the Italian Governnffent.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PBH19370708.2.63

Bibliographic details

Poverty Bay Herald, Volume LXIV, Issue 19371, 8 July 1937, Page 5

Word Count
120

COAL TRADE WARNED Poverty Bay Herald, Volume LXIV, Issue 19371, 8 July 1937, Page 5

COAL TRADE WARNED Poverty Bay Herald, Volume LXIV, Issue 19371, 8 July 1937, Page 5