FERTILISER INDUSTRY
SERIOUS POSITION ARISING IN MELBOURNE (United Press Association—By Electrio Telegraph—Copyright) (Received 2nd January, 10.5 a.m.) .MELBOURNE, This Day. A serious position is arising in the fertiliser industry owing to the succession of unfavourable seasons. During the last few years companies engaged in this business had to extend the utmost consideration to their customers. The limit of credit has now been reached and some new basis of finance must be arranged for the planting season this year. Recent statements of accounts issued by the principal companies show that tlieir outstanding accounts with storekeepers or farmers amount to £2,000,000. Many accounts have been owing for three years.
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https://paperspast.natlib.govt.nz/newspapers/NEM19310102.2.96
Bibliographic details
Nelson Evening Mail, Volume LXIV, 2 January 1931, Page 6
Word Count
107FERTILISER INDUSTRY Nelson Evening Mail, Volume LXIV, 2 January 1931, Page 6
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