File:COMMERCIAL INTELLIGENCE JOURNAL (CANADA) 1921 pt. 1 (1921) (14782783974).jpg

Identifier: commercialinte1921p1cana (find matches)
Title: COMMERCIAL INTELLIGENCE JOURNAL (CANADA) 1921 pt. 1
Year: 1921 (1920s)
Authors: CANADA. DEPT. OF TRADE AND COMMERCE
Subjects:
Publisher:
Contributing Library: Robarts - University of Toronto
Digitizing Sponsor: University of Guelph, University of Windsor and University of Toronto Libraries

View Book Page: Book Viewer
About This Book: Catalog Entry
View All Images: All Images From Book
Click here to view book online to see this illustration in context in a browseable online version of this book.

Text Appearing Before Image:
he market for several years. Japanese exchange is high as compared with therupee, and it is very possible that this factor will seriously affect the imports of Momichests from that country, and will drive the planters in India and Ceylon to makeuse of the local article. One Indian tea planter stated that he was able to manu-facture tea chests on his own estate at 1 rupee 4 annas each, exclusive of the cost ofnails; but he was in an exceptionally fortunate position as the trees grew on his ownestates. He also stated that he preferred these chests, which he made out of the woodcalled Toon, to the imported article. Although this wood is not entirely odourless thisdid not appear to affect the tea. One large importer of tea chests in Colombo mentionedthat he had had quotations from Vancouver, but that they were found to be just alittle too high for the price ruling then, which was July of last year. The pricequoted c.i.f. Colombo was 1.25 cents, which worked out taking the rate of exchange
Text Appearing After Image:
Chest made up. No. 893—March 14, 1921 WEEKLY BULLETIN 423 at 2.25, at Us. 2.50 or Ks. 2/8 Indian currency, but he was of the opinion that ifthis quotation could he reduced to 2.61, a start might be made and at a still slightlylower price a good trade could he done. Since then the rupee has fallen, and thiswill have the effect of placing the c.i.f. price still higher. Now that tea and rubberare suffering acutely owing to the extreme depression of prices, (planters will becompelled to use cheaper chests, and although as a rule the imported article ispreferred, they will probably be reduced to using those of local manufacture. InCeylon locally-made tea chests were selling last summer at about Us. 2 or a littlemore per chest, but they were considered very inferior to either the Momi or theVenesta chest. In Ceylon there is a demand for chests in sizes varying from 5 to 90 pounds,which is especially large for the smallest size. Chests suitable for tea can also beused for packing rubber, d

Note About Images