The Archive · 1941

Ruling on Tin Warrants

No similar government help is announced thus for for tin, although the London Metal Exchange committee recently ruled that warrants issued against tin destroyed or damaged by enemy action before clearing must be covered at the earliest, opportunity. The Minister of Supply, however. has sold tin regularly from the government's holdings for weeks past. to prevent any temporary shortage and a resulting rise in prices. This direct intervention renders special releases for replacement of lost tin largely unnecessary.

Both the government's releases of rubber and its intervention in the tin market zre regarded as proof that no extension of government control of the tin and rubber markets is intended at present. This consideration still induces the British Government to leave both trades. so far as possible, undisturbed unless London price movements become disadvantageous io the British war effort. Probably government replacements of lost rubber and direct offerings of tin will prevent such movements.

Text read from the printed page and cleaned; old type leaves the occasional error.

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