PRICE OF TEA.
ADVANCE TO BE: SOUGHT. It is the intention of Sydney wholesale and retail merchants to ask tho Necessary Commodities Commission 1 shortly for permission to raise the prices of tea by at least 3d per lb. I Since last March values in Ceylon have jumped fully Gd per lb., chiefly on account of the huge buying on behalf of Sydney and Central Europe. In Sydney wholesalers are now paying 3 s SUrl and Is. 4d per lb for ordinary tea which six months ago could have been picked up at 9d, while the host ivarietiies, whj'ch used to cost from 10(1 to Is Id,, arc now commanding up to ts 7d. (Private cah\o news received from i Java on September Ist., stated that Australian houses are now paying I'd per lb. for brokens, an increase within 1 the last fortnight of 4d per lb. New Zealand buyers have appeared • on the Sydney market in finest of aup--1 plies.
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Hokitika Guardian, 17 September 1919, Page 3
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161PRICE OF TEA. Hokitika Guardian, 17 September 1919, Page 3
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