OIL AND GOLD.
ESTIMATES OF HOLDINGS. (Britisli Official Wireless.) Received April 17, 10.10 a.m. RUGBY, April 16. The Minister of Economic 'Warfare (Air It. Cross), in the House of Commons, said that, according to his information, the stocks of motor spirit and'Diesel oil in Denmark at the time of the German invasion were probably as follow:—Petroleum products, not more than 200,000 tons, equivalent to an average of three and a-lialf months’ requirements on the estimated consumption before the invasion. Motor spirit, SO,OOO tons, or slightly under four months’ consumption. Gas fuel and Diesel oil together. 61 000 tons, equivalent io two and a-half months’ consumption. Sir John Simon stated that, accord ing to the latest returns, the gold holdings of the National Banks of Denmark and Norway amounted to thirteen and eighteen or nineteen million pounds, respectively. He was unable to say whether the Germans had seized any part of these holdings, or what part was being held outside their own countries at the time of the invasion.
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Manawatu Standard, Volume LX, Issue 118, 17 April 1940, Page 7
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168OIL AND GOLD. Manawatu Standard, Volume LX, Issue 118, 17 April 1940, Page 7
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