Hoarding Depletes N.Z. Stocks Of Tea
[Spedial to “Northern Advocate”l AUCKLAND, This Day.
Hoarding has depleted the stocks of tea throughout New Zealand, and the question of bringing holdings in store back to normal is causing some concern to merchants.
Stocks held by some wholesale firms have practically exhausted, and lack of overseas funds, uncertain shipping services and the difficulty of placing orders on the Colombo market even at greatly enhanced prices, all stand in the way of restoring them. Many merchants have applied for authority to raise prices, and are awaiting permission from the Price Tribunal.
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Northern Advocate, 9 November 1939, Page 6
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97Hoarding Depletes N.Z. Stocks Of Tea Northern Advocate, 9 November 1939, Page 6
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