CHAOS IN WHEAT EXPORT BUSINESS.
VERY FEW VESSELS CHARTERED IN N.S.W. (United Press Assn.—By Electric Telegraph—Copyright.) (Received January 2, 10.5 a.m.) SYDNEY, January 2. Only five or six vessels have been chartered to load New South Wales’s new season’s wheat crop* compared with twenty or thirt) r , which in normal times would have been engaged. Chaos exists in the wheat export business, shippers assert, because of the uncertainty regarding their responsibilityunder the Wheat Advances Act. They are making no attempt to engage new full cargo space, whilst numbers of parcel bookings have been cancelled, though the estimated exportable surplus in the Commonwealth amounts to about 4,000,000 tons. -Bookings to date only amount approximately to 650,000 tons.
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Bibliographic details
Star (Christchurch), Issue 19267, 2 January 1931, Page 1
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116CHAOS IN WHEAT EXPORT BUSINESS. Star (Christchurch), Issue 19267, 2 January 1931, Page 1
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