RUINATION AND BANKRUPTCY
FACING NEW SOUTH WALES FARMERS STORES REFUSE FURTHER CREDIT (United Press Association—By Electrio Telegraph—Copyright) (Received 14th January, 10.5 a.m.) SYDNEY, This Day. Leading stores at Narrowmine have intimated to farmers that they are not in a position to extend further credit. All further transactions must be on a cash basis and the present accounts must be liquidated. This will prove disastrous for wheat growers, who with thousands of bags available cannot realise enough cash to meet half their liabilities. Ruination and bankruptcy face wheat farmers unless finality is quickly reached regarding the wheat position.
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Nelson Evening Mail, Volume LXIV, 14 January 1931, Page 5
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97RUINATION AND BANKRUPTCY Nelson Evening Mail, Volume LXIV, 14 January 1931, Page 5
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