RECORD YEAR FOR TIN

New Zealand Herald, Volume LXXV, Issue 23010, 11 April 1938, Page 7

RECORD YEAR FOR TIN

INCREASE IN PRODUCTION TOTAL 27,000 TONS HIGHER CONSUMPTION ALSO GREATER Statistics published recently in the Statistical Bulletin of the International Tin Research and Development Council reveal that world production of tin for 1037 reached a record of 206,900 tons, exceeding the total for 1936 by nearly 27,000 tons.

Apparent world consumption of tin, at 197,300 tons also was at a record level, and showed an increase of 36,600 tons over the figure for 1936. The estimated consumption of tin in manufae- . tun; increased by 8000 tons to 172,000 : tons, the discrepancy between these two totals indicating that consumers' stocks were appreciably increased during 1937. America and Russia The apparent consumption of tin in the United States in 1037 was the highest on record at 86,663 tons, an increase of nearly 19 per cent over the figure for 1936. The total quantity of tin shipped to Russia last year was over 25.000 tons, about two and a-half times the previous year's record amount of 9,661 tons. Consumption in Japan reached a record of 8200 tons, while records also were obtained in Sweden, 1909 tons; Holland, 1470 tons; Denmark, 711 tons; Norway, 595 tons; and Finland, 294 tons. ; Nearly 26,000 tons were taken by the United Kingdom, where consumption was the highest for 10 yearS. Tin consumption in Germany increased by 37} per cent over the 1936 figure to 11,643 tons in 1937, which was the highest figure recorded since 1930. Some Decreases Shown In several other countries, on the other hand, tin consumption decreased. In France the're was a decrease of 5.8 per cent, in Italy of 3.7 per cent, and in Poland of 3.8 per cent. The aggregate consumption of all countries which used less than 1000 tons in 1937 was 13,026 tons. This total which includes the tin consumption of Spain, was 13 per cent.lower than that for 1936. New record outputs of tinplate also were established in nearly all the important producing countries and about 65,000 tons of tin were used in the manufacture of tinplate last year, against 62.000 tons in 1936. Appreciable increases in consumption were recorded in the United States, the United Kingdom. Gennpny, Canada and the Netherlands. The output of tin by the countries signatory to the Tin Control Agreement totalled 179.991 tons, compared with the permissible exports of 212,474 tons. Of the total under-export of 35,527 tons, only 1402 tons have been carried forward into 10:} S. Production by nonsignatory countries in 1937 differed only slightly from that of the preceding year. EGGS AGAIN DEARER WHOLESALE PRICES ADVANCED A further advance in the wholesale price of hen eggs is announced by the Auckland Egg Marketing Committee. First grade are 2d a dozen higher, B grade have advanced by 4d and C grade are 2d dearer. Duck eggs are 2d a dozen dearer all round. Following are the advanced prices announced by, the committee:—Hen First grade, 2s 6Jd n dozen; B grade, 2s IJd; C grade, Is 7Jd. Duck: First grade, 2s 1 id a dozen; B grade, Is 9Jd; C grade, Is s}d. Country storekeepers' minimum buying prices for first grade eggs are:— Hen: 2s a dozen; Duck, Is 7}d. MINING SHARES IN LONDON British Wireless RUGBY, April 8 On the mining market to-day the following quotations ruledClutha River Company, buyers, Is 7}d, sellers, Is lOJd; Molyneaux River Company, sellers, Is; sellers, Is 3d. BRITISH WAR LOAN British Wireless BUG BY, April 8 War loan, 3J per cent, is quoted at £lO2 15s, compared with £lO2 10s yesterday.