SUGAR FOR JAM.
AMPLE SUPPLIES IN SIGHT. EASING OF PRICE EXPECTED SOON. THE PRESENT POSITION. Housewives have been somewhat anxious a., to the prospects of obtaining sugar for jam-making and other domestic purposes, but, as the result of inquiries made, it appears (says the New Zealand Times) that sufficient stocks are in sight to meet all needs, provided the general pub lie do not rush for supplies and hoard up sugar in advance of actual requirements. Before the war, it is pointed out, New Zealand took some three to five thousand tons of sugar a year from Java, but the war stopped these importations, and the Java prices rose so high that nothing but dire necessity warranted purchase in that market. But of late there has been a slump in the Java market, due to financial difficulties, and the prices fell. In these circumstances private orders were placed from New Zealand, and of these orders some seven or eight hundred tons would be landed at the four main ports of New Zealand during the present month. The Java market has since hardened, and quotations are now being given f.o.b. Sourabaya; but in the meantime New Zealand has bought the quantities given at £45 10/- to £3l/10/- per ton. This it is anticipated will provide a certain amount of relief by meeting the domestic demand, so that more of the Fiji sugar will be available for manufacturing. From now on. it is held, there should be no difficulty with regard to supplies, for the bottom has fallen out of the Cuba tfiarket, and it appears that America will have a considerable surplus of sugar io dispose of. With regard to price, one merchant, expressed the opinion that from now on there ought to be an casing of the position. Jam, it was stated, should not be more expensive than at present because of sugar prices, as the price readjustment consequent on the advance in sugar cost had already been made, and there was a fall in tin plate, which entered largely into packing expenses. The Government was meeting the requirements of jam manufacturers, and there should be no reduction of outr.ut on account cf sugar supplies. The fruit crop and labour supplies were the two main factors now entering into consideration. In central Otago there had been a splendid crop, and the jam output should be larger than over before. This would help to some extent to make up for any shortage in Nelson in consequence/of the reduction of the fruit crop, which in that district was not up to expectations.
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Bibliographic details
Wanganui Chronicle, Volume LXXVI, Issue 18074, 12 January 1921, Page 5
Word Count
430SUGAR FOR JAM. Wanganui Chronicle, Volume LXXVI, Issue 18074, 12 January 1921, Page 5
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