RAW TOBACCO
AUSTRALIAN PURCHASE AGREEMENT. •
(DNITED PRESS ASSOCIATION.—COPIRIGBT.)
(Received 25th September, 12.30 p.m.) SYDNEY, This Day. An agreement lias been reached between the tobacco manufacturers and the Australian growers in the direction of the manufacturers agreeing to purchase for the next three years £3,000,----000 worth of flue-cured leaf of approved quality, half of the amount to be allocated to Victoria. The British-Austra-lian Tobacco Company will advance £3700 in the course' of the next two years to growers for the erection of a flue plant. The Barus Company, which previously decided not to purchase any sun or air-dried leaf, 75 per cent, of which is produced in northern New South Wales, has agreed to purchase this year one-third of the amount it purchased in 1922, and next year onefourth of the amount, but to discontinue its purchases in 1925.
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Bibliographic details
Evening Post, Volume CVI, Issue 74, 25 September 1923, Page 7
Word Count
138RAW TOBACCO Evening Post, Volume CVI, Issue 74, 25 September 1923, Page 7
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