WORLD’S TIN SUPPLY
ALMOST EXHAUSTED
PRICE FIXATION PLAN By Coble. —Press Association. — Copyright. Reed. 10.30 a.m. LONDON, Tuesday. The world's supply of alluvial tin will be exhausted in 1927, according to a London expert, explaining the Anglo-American-Dutch plan to form a producers' association to stabilise, control and fix the price around £3OO a ton. Since 1920 the price has fluctuated from £195 to £419 a ton. The expert adds that it is an urgent necessity to discontinue unnecessary employment of tin for a few years, unless any new sources, or a practical economic substitute, is discovered. He calculated that the world is losing its tin reserves at the rate of 100,000 tons yearly. It had consumed 600,000 tons in the last three years.—A. and N.Z.
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Sun (Auckland), Volume I, Issue 179, 19 October 1927, Page 9
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125WORLD’S TIN SUPPLY Sun (Auckland), Volume I, Issue 179, 19 October 1927, Page 9
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