CONTROL OF TIN PRICES
INTERNATIONAL POOL MEETS. RELEASE PRICES RAISED. (British Wireless.) Rec'. 5.6 pan. . Rugby, Dec. 18. The committee of control of the inter-' national tin pool met in Paris yesterday. A communique states that the ppol now holds 19,000 tons of tin, the whole of this appearing in visible supplies. . The signatory Governments to the international tin quota have agreed .to remain in the scheme for the control of tin for three years from August 12 last, or . until a prior liquidation of the pool. They approved revision of the sliding scale prices, which- provides a present mnimum price of £l5O per ton, shall be increased to £lO5,- and this will now be the minimum price at which the Initial amount of 5 per cent, of the pool’s holding may be released for sale if and when this shall have been the average price of spot tin on. the London metal exchange, during a completed, calendar month. The next successive price limit at which 10 per cent, may be released has been similarly, increased, to £176, and further release prices have been adjusted accordingly. ' :
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Taranaki Daily News, 21 December 1931, Page 5
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186CONTROL OF TIN PRICES Taranaki Daily News, 21 December 1931, Page 5
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