LOSS TO WINNIPEG
GRAIN EXCHANGE MAY GO EAST.
(United Pres* Association—Ey Electric Telugi -pb—Copyright.)
WiNNIPFG, March 24
The - “Winnipeg Press” states that the transfer of the Winnipeg Grain Exchange and trading facilities to Fort William or to Port Arthur, is being seriously discussed by prominent members of . the exchange. A threat of increased provincial taxation gave rise to this talk. The fact that the province of Ontario does not levy income tax, and that great bulk storage capacity for grain is located at the head of the lakes, are the main arguments for the changfe of headquarters. All the grain sold in the Winnipeg pit is sold on a Fort Willittin basis. It/is estimated that the movement would mean the migration of from ..ten to fifteen thousand people from Winnipeg to the Ontario twin cities, while other business affiliated with the grain trade here, would also be likely to move east-
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/HOG19330327.2.5
Bibliographic details
Ngā taipitopito pukapuka
Hokitika Guardian, 27 March 1933, Page 2
Word count
Tapeke kupu
151LOSS TO WINNIPEG Hokitika Guardian, 27 March 1933, Page 2
Using this item
Te whakamahi i tēnei tūemi
The Greymouth Evening Star Co Ltd is the copyright owner for the Hokitika Guardian. 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 the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in