NEW EXCHANGE RATE
P.A>. WELLINGTON, August 31. Oil and colour merchants in Wellington decided at a meeting to pass on to the public the benefit of the alteration in the exchange rate.. The retail price of all wallpapers will be 7i per cent, cheaper and the price of paint to the trade has been reduced by from 3s to 3s 6d a gallon. ’SYDNEY. August 31. The Union Steam Ship Company has increased by 25 per cent, its freight and passenger rates payable in Australia for transport to New Zealand. + , The appreciation of New Zealand currency is stated to be the cause. The passenger rates of the. Can-* adian-Australian line will remain unchanged, pending a decision on the matter. ’
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Bibliographic details
Grey River Argus, 1 September 1948, Page 4
Word Count
119NEW EXCHANGE RATE Grey River Argus, 1 September 1948, Page 4
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