STOCKS OF SPIRITS

Press, Volume CVI, Issue 31077, 4 June 1966, Page 20

STOCKS OF SPIRITS

Strike Could Cut Supply

Whisky, rum, brandy, and imported wines are likely to be scarce if the British seamen’s strike continues. The chairman of the Canterbury Wholesale Wine and Spirit Merchants’ Association (Mr R. G. F. Kingscote) said that the strike and impart cuts could produce a severe shortage in New Zealand.

Mr Kingscote said that the public could aggravate the situation by buying more than they needed. “They are inclined to farm around and grab the odd bottle here and there, with the result that they end up with more than they need, and someone else goes short,” he said. “They have done the same thing with golf bails. Panic buying has created a shortage.” Mr Kingscote said that in the recent import licensing schedule imports were cut up to 25 per cent. Also, the Scottish Whisky Distillers’ Association last year increased the f.b.b. prices. As a result the import licensing cut was about 33 1-3 per cent. Wholesale merchants who had ordered well ahead and had stocks on the water would have them available for the new licensing year, but in reduced quantities. Merchants did not have adequate stocks at present, and did not have reserves.

“Merchants are not in a position to take on new customers,” Mr Kingscote said. “Their first obligation is to their existing customers, and they have to look after the interests of the trade.”