PRICE OF SUGAR.

Wairarapa Age, Volume XXV, Issue 10713, 2 April 1913, Page 6

PRICE OF SUGAR.

PASSING IT OiN. (By, Telegraph. —Press A relation.) OHMSTOHURCH, Last Night. It is understood that the increase in tho price of sugar annou need locally From 2id to 2-Jd per lb., due to the act:urn by the Colonial Sugar Refining Company as a result of the recent oases under the Commercial Trusts Act. Without going into the legal aspects of the matter, an appeal has been lodged against the judgment of the Supreme Co-u>rt in the cases referred to, and this is to be heard on the 14th inst. It appears that the Company has notified its clients that the discount of o per cent, hitherto allowed to cover the cost of distribution, and so forth, and representing £'l per ton, cs to be discontinued .is from April Ist, and that the price of sugar will be as listed. Although the Company has not altered its price to the merchants', sitgar is now costing the merchants approximately £1 per ton more than it did when the Company gave the 5 per cent, d'racount. As to the reduction made locally a-bruit two months ago, it is claimed that it as not quite justified, a.tj at 2J-d per nounrl the margin of profit to the grocer was such that sugar 'hardly paid for its handling, and wat? not hearing! its proper portion of the general expenses of business.