Reasons For Short Ton

Press, Volume CVI, Issue 31256, 31 December 1966, Page 9

Reasons For Short Ton

'THE whole object of short--x ton trading is to streamline the clerical work involved when the change is made to decimal currency, according to the president of the Grain, Seed, and Produce.

• Merchants’ Federation (Mr A. M. Moss, of New Plymouth). Mr Moss, in a statement, said there seemed to be considerable misunderstanding about the decision of the federation to adopt the 20001 b

ton for potatoes and onions from tomorrow and for other grain, seed, and produce from Decimal Currency Day, July 10.

' “Our decision simply means that; from these dates, merchants will trade on the basis of the short ton. The decision in no way affects present packings, sizes of containers, road, rail or sea freight charges, nor does it affect prices to producers who will still receive the market rates i per pound or per bushel as the case may be,” Mr Moss said.

“The whole object is to streamline the clerical work involved when the change is made to decimal currency. For some considerable time, there have been a number of produce lines, such as flour, bran and pollard traded on the basis of a 20001 b ton, but this has in no way affected packings or freight charges.”