THE PRICE OF SUGAR

Wanganui Chronicle, Volume 74, Issue 191, 14 August 1931, Page 6

THE PRICE OF SUGAR

SHOULD BE NO INCRSasW WHOLESALE RATE THE SAME A NOTIFICATION TO RETAIL TRADE. [ Per Presi Association, j WELLINGTON, Aug. 13. i In view of the recent imposition of Juty of jd per pound on sugar, merchants throughout the Dominion immediately adopted the course of scudIllg out sugar with ail iutimutiuu that invoices would fullow wheu the new pnee, presumably to be Jixed bv too manufacturers, was known. Grocers were, therefore, in doubt as to the 1 1-ue cost to them of such sugar, and. m many centres, they increased thu price by about Jd a pound ii auticipa. turn of an immediate increase in munutaeturers’ and wholesale prices. As no i m. lease has yet been made by the supplier (the Colonial .Sugar HeJiuiiih Company) and supplies, though rationed, ’ arc still being released a the price previously, ruling merchants in several centres aru uow voicing current orders at the old figure, a.though they will, presumab v nut supply iu excess of normal order's! lhe Industries and Commerce Department has been in touch with il„> trade and merchants in all the centres luive been couimuiiicated ilitli through the Department’s district officers. lhe Monster of Industries and i onimerco desires it to be known there is, as yet, no increase in the price of sugar supplied from the Auckland refinery and that stores in all centres, including provincial towns, „ ni l grocers throughout, the Dominion should make no increase in the sugar prices by reason of the advance in duty until such time as the mtnufacturers price is increased.