World To-day is Getting Very Short of Tin.
By Telegraph.—Press Assn.—Copyright.—A.P.A. & “Sydney Sun” Cable. (Received October 10, 1 p.m.) LONDON. October 18. THE world’s supply of alluvial tin ■wall be exhausted in 1927, according to a London expert explaining the Anglo-Anierican-Dutcii plan to form a Producers’ Association to stabilise control and fix a price around £3OO a ton. Since 1920, the price has fluctuated from £195 to £419/10/-. The expert adds that it is urgent to discontinue the unnecessary employment of tin. for there are few if any new sources of supply, nor has a practical economic substitute been discovered. It is calculated that the world is losing its reserves at the rate of 100,000 tons yearly. It consumed 400,000 tons in three years.
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Star (Christchurch), Issue 18290, 19 October 1927, Page 5
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124World To-day is Getting Very Short of Tin. Star (Christchurch), Issue 18290, 19 October 1927, Page 5
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