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NEW SOUTH WALES WHEAT

CHAOS IN EXPERT BUSINESS

(United Press Association—By Electric

Telegraph—Copyright)

(Received 2nd January, 10.5 a.m.) SYDNEY, This Day. Only five or six vessels have been chartered to load the New South Wales new season's wheat crop, compared with twenty or thirty which in normal times would have been engaged. Chaos exists in the wheat export business. Shippers assert that because of the uncertainty regarding their responsibility under the Wheat Advances Act, thy are making no attempt to engage new full cargo space, while numbers of parcel bookings have been cancelled. Though the estimated exportable surplus in the Commonwealth amounts to about 4,000,000 tons the bookings to date only amount to approximately 650,000 tons.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM19310102.2.92

Bibliographic details

Nelson Evening Mail, Volume LXIV, 2 January 1931, Page 6

Word Count
116

NEW SOUTH WALES WHEAT Nelson Evening Mail, Volume LXIV, 2 January 1931, Page 6

NEW SOUTH WALES WHEAT Nelson Evening Mail, Volume LXIV, 2 January 1931, Page 6

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