N.Z. TOBACCO LEAF

Nelson Evening Mail, Volume LXX, 19 December 1936, Page 9

N.Z. TOBACCO LEAF

PRICE INCREASE PROBABLE PROSPECT FOR THE SEASON SUCCESSFUL NELSON SHIPMENT (By Telegraph—Prose association) WELLINGTON, This Day. There is a prospect of a substantial increase in the British prices for New Zealand tobacco leaf this season. The Minister of Labour, the Hon. H. T. Armstrong, said last evening that advice had been received from the High Commissioner, Mr W. J. Jordan, to the effect that a recent shipment of Nel-son-grown tobacco leaf had arrived in good condition, and there were excellent prospects of its disposal at prices at least 50 per cent, better than those obtained for the first trial shipment sent to London last year. “It is very pleasing to hear that there is every prospect of obtaining a better price for the leaf shipped this year and it would appear that growers can now look forward with a certain degree of confidence to the building up of a profitable market in the United Kingdom for the disposal of their surplus leaf.

“Unfortunately, owing to damage of part of the crops by hail and other reasons, only 79,0001]j. of leaf were shipped this year, but with the continuation of the Government guarantee for a further season, it is anticipated that next year it will be possible to ship a considerably greater quantity of leaf than has been sent during the past two seasons.”