DEARER COAL.
A GENERAL INCREASE. ADVANCE OP 2s 6d PER TON. A general increase in the price of coal has been effected throughout New Zealand (says the Wellington Times). A number of the West Coast mines have announced an increase of 2s Gd per ton in addition to the advance recorded recently to compensate for losses caused through the "go-slow" policy, and although there is no official information yet to hand, it is understood other compinies are making a similar increase. The increases that will be passed on by the retailers may not. however, be the same as that effected by the mines, for it is claimed that they will have to make further increase to make up for higher interest and insurance charges. There is an opinion amongst those in the coal trade that there may also be an upward tendency shortly in the prices of Australian coal. A Wellington coal merchant stated that he had had an increase of half a crown passed on to him by the southern companies with his latest shipment of *oal, and himself had effected a rise of 5s per ton in order to leave a reasonable amount of profit He was now selling at 3s fid per ewt. from the yard, and ?,s 9d deliverer 1 '
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Taranaki Daily News, 19 March 1920, Page 5
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214DEARER COAL. Taranaki Daily News, 19 March 1920, Page 5
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