COMPANY NEWS
HENRY JONES CO-OP. PROSPECTS FOR CANNED FRUIT The chairman of directors of Henry Jones Co-operative Ltd. (Mr A. W. I'altreyman) said at the annual general meeting of shareholders in Melbourne that, tfie industry faced a similar position to that which had existed in 1934. It would seem probable, he said, that lower prices would have to be accepted by fruitgrowers and canners. He did not believe that growers would have to accept such low prices as those which operated in 1934. Last August oversea markets had become disturbed, said Mr Palfreyman. There was a large carry-over of American fruits from the previous season, and greatly reduced : prices were announced. 1 The American companies paid £6 a ton for apricots as against the company’s price of £l2, £3 a ton for pears as against the company’s price of £lO, and £2 10s for canning peaches compared with £lO 7s 6d. The Fruit Industry Sugar Concession Committee would meet at Canberra on December 5, and would have an anxious time in fixing the minimum prices to be paid to growers for canning and jam fruits.
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Evening Star, Issue 23129, 1 December 1938, Page 10
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185COMPANY NEWS Evening Star, Issue 23129, 1 December 1938, Page 10
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