TIN PRODUCTION.

Auckland Star, Volume LXIV, Issue 304, 26 December 1933, Page 4

TIN PRODUCTION.

NEW QUOTAS ARRANGED. Among the latest reports received from London is a review by A. Strauss and Co., which states that consumption of tin appears to be well maintained, and in the United States tinplate operations are still at 95 per cent capacity. A few days later the tin committee announced a renewal of the quota plan until 1937, with a 44 per cent quota for 1934. On the basis of the 33 1-3 per cent quotas now in force, the firm estimates world production at 83,200 tons a year, and on a 45 per cent basis at 102,910 tons a year.' Using the figures as a basis, the following is a comparison of present production and production in 1934:— Present 1934 Quota. Quota. Tons. Tons. ' Restricting countries .. 54.0G0 71,268 Smelting gain 2,200 2,920 Slam 10,000 10.000 Xon-restrict countries . 17,000 17,000 Total 53.260 101.25S The item "smelting gain" represents the tin contents of the ore in excess of the basis taken for Customs and quota purposes. The firm estimates deliveries of tin from October to Januaiy at 38,000 tons, and supplies in that period at 27,750 tons, leading to a decrease in "visible" supplies to the end of January, 1934, of 10,250 tons. Total "visible" supplies at the end of January, 1934, would then ibe 24.079 .-tans, j