TEA AND RUBBER OUTLOOK.
At last Tuesday's meeting of shareholders of Harrisons and Crosfield, the Chairman, Mr. H. Eric Miller, made some interesting and instructive comments both on the Tea and Rubber‘. positions. With regard to the former commodity, Mr. Miller drew attention to the fact that increased spending Power had apparently caused many people to purchase somewhat higher grades of tea, a course which was by no means inconsistent with economy, smaller quantities of the higher grades often giving the same results as the larger quantities of the cheaper teas. The chairman of Harrisons and Crosfield took quite a hopeful view of the outlook for Rubber, maintaining that stocks held in a number of countries affected by exchange difficulties had been reduced to a bare .I.Oinimum, and that there was every prospect that stocks here would be reduced by any increased demands.
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