THE PRICE OF SUGAR.
A NEW CONTRACT SOON. By Telegraph —Press Association. Wellington, June 15. The contract under which New Zealand is being supplied with sugar expires at the end of the month, and terms for a new arrangement have been receiving consideration lately. 'lt is generally anticipated that the Government will conclude a new contract with the Colonial Sugar Company, and that there will be some reduction on the present price, but the reduction may not reach the consumers immediately, since there are stocks of sugar produced under the present contract to be disposed of. The advantages of the contract from the point of view of the consumers include a secure supply, fixed price and a guarantee of quality. New Zealand during the last twelve months has not had to bid against other countries for sugar. In a time of scarcity it got its sugar at less than the average world price and has been given a quality suitable for all purposes.
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Taranaki Daily News, 16 June 1921, Page 5
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163THE PRICE OF SUGAR. Taranaki Daily News, 16 June 1921, Page 5
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