REPORTED LOSS
ON EXPORT OF POTATOES TO MONTEVIDEO. NO COMMENT BY MINISTER MEANTIME. (By Telegraph—Press Association.) CHRISTCHURCH. February 24. It is reported in Christchurch that the 3600 tons of potatoes purchased by the Government last year and exported to Montevideo were sold at £3 a ton resulting in a loss estimated al approximately £30,000. When the report was referred to him this evening the Minister of Marketing Mr Nash, said: “I don’t know anything about that. I will not be making any statement about the consignment tiil I report to Parliament.” The Government bought potatoes in an effort to relieve the glut which kept prices on the local market very low. Last-season it paid the growers £3 a ton on trucks, sacks, in, equal to £2 10s or £2 12s 6d a ton, sacks.extra, the market price at the time of the purchase. It is conservatively estimated that charges from on trucks to the market in Montevideo would be considerably more than £7 a ton. In addition, it is reported that some of the potatoes had to be picked over in Montevideo, thus reducing the quantity that was actually sold.
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Wairarapa Times-Age, 25 February 1939, Page 7
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190REPORTED LOSS Wairarapa Times-Age, 25 February 1939, Page 7
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