£747,861 an Hour
For those who are statistically minded it is mteresting to note the rate at which money passes at pelt saies compared with that at wool saies, says the annual report of the New Zealand Meat Producers' Board. To realise £1,000,000 at -a woo/ sale probably takes upwards of eight hours' auctioneering, an average of £125,000 an hour. The four pelt saies completed to date have taken approximately four hours and realised £2,991,446, thus averaging the remarkable figure of £747,861 an hour. t
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHRONL19470731.2.12
Bibliographic details
Chronicle (Levin), 31 July 1947, Page 4
Word Count
85£747,861 an Hour Chronicle (Levin), 31 July 1947, Page 4
Using This Item
NZME is the copyright owner for the Chronicle (Levin). You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in