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NO SHORTAGE OF TEA

PRICE IX X.Z. STABILISED (P.A.) WELLINGTON, Monday. Because of the high prices of tea on the Colombo markets, the International Tea Committee has decided to release an extra 10 per cent, or 80,000.0001b, for sale during the next 12 months. A statement to this effect was made to-dav bv the New Zealand Food Controller," Mr. J. H Thomas. The effect, he said, would be to keep market prices from rising further.

No increase was expected in the Dominion's imports of tea, roughly 12.000.0001b a year, because this amount was sufficient to meet all requirements. There was no local shortage of tea, nor were there any restrictions on tea imports.

Since the war began the price that the New Zealand consumer rays for tea has increased by an average of about 1/ per lb. On September 1 however, the price was stabilised by the Price Tribunal.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19411118.2.86

Bibliographic details

Auckland Star, Volume LXXII, Issue 273, 18 November 1941, Page 8

Word Count
149

NO SHORTAGE OF TEA Auckland Star, Volume LXXII, Issue 273, 18 November 1941, Page 8

NO SHORTAGE OF TEA Auckland Star, Volume LXXII, Issue 273, 18 November 1941, Page 8