RISE IN SUGAR.

Dominion, Volume 3, Issue 668, 19 November 1909, Page 8

RISE IN SUGAR.

SFIVE SHILLINGS PEE TON ALL BOUND An, advertisement in this issue notiij.cs all Concerned that the Colonial Sugar Eehmng Co, Ltd., —the company which controls the eupply for Now Zealand—has raised the price iof all grades of sugar ss, per ton A rise in the price ot t>ugar is not unusual at this tune of the year, when an extra de TnanA is usually experienced on account of 'Christmas and the commencement of the jam i making season In view of the fact that the , pnee only means another lsd pei SGlb bag, it is not anticipated that there will bo a use ,in the retail price of ( sugar though it is ail extremely hne ent line It is beiie\ed that, even if soma retailers, wera to ndvnnce the price -a fraction, others would not 'follow, and > trade would follow the cheap man At last quotations the wholesale prices were •ss follow — <£ s. d Brewers crystals . ....... 17 0 ton Nos 1 and Iα _ ~- — 17 5 0 ton No 2 16 15 0 ton No 3 (brosii) _— 13 la 0 ton In view of the rise it is interesting to note the qu&ntity of sugar imported into Now Zea land during recent years Tho figures are as follow — i Baw Behned <■ , lbs lbs 1904 107,029,«0 3,336,480 1905 ~ -- 92,320,01)6 1,108,570 1906 - 81,930,658 11,398,688 '1907 . 115,700,180 2,43-1,763 1938 ' 98,512,288 4,1j1,392 The fluctuations in tho abovo figures (which areiaken from the "Trade Eeview , ),are extra ordinary.