N.Z. SUGAR SUPPLY

Grey River Argus, 5 September 1939, Page 5

N.Z. SUGAR SUPPLY

Plenty For All NO NEED TO HOARD. PARLIAMENT BLDGS.. Sept. 4. Ample supplies of sugar are held in New Zealand to meet normal demands, according Io a statement issued to-day by the Sugar Controlle ■, Mr. L. B. Dallard. Householders are recommended to buy in the normal way, and in normal quantities, as the prices will-not at present rise. “As was pointed out by the Hon. D. G. Sullivan.” said Mr. Dallard, “there are ample supplies to meet normal demands, and there is no necessity to make abnormal purchases. For some time past the Government has kept m close touch with the Colonial Suga. Refining Company at Auckland. Reserve stocks have been built up, so that, at present, there is sufficient raw and refined sugar in New Zealand to meet normal requirements for some considerable time. It is quite possible that some people may be a little apprehensive that sugar prices . may rise, and therefore Jf.ink it advisable to lay in extra supplies. I wish, however/ to make it quite clear, at this stage, that the main reason for instituting control at this juncture was to ensure the stability of the price and the supply. The consuming public therefore;, need have no anxiety in the matter of an immediate rise in price, as no increase is contemplated. The prices of all foodstuffs are subject to strict control by the Government. I wish, therefore, to impress upon the general public that there is no advantage at all to be gained from buying excess supplies of sugar. Suca action is unnecessary, and may, indeed, be harmful, as any sudden abnormal demand may, quite easily, dislocate the ordinary arrangements for regular supplies, and cause a temporary shortage in some districts. Purchasers of sugar can best serve then own interesst and those of the country, by purchasing their sugar requirements in the normal way and in normal quantities.”