Abstract: This invention relates to apparatus for automatically dispensing a two component liquid system such as a beverage; particularly, for delivering two liquid components to a mixing station by means of concentric tubular sections at or near the discharge end with the inner tubular section provided with a discharge orifice intersecting with the surrounding flow path located between the inner and outer tubular sections; providing for a downstream discharge section of sufficient capacity to pass the mixture without pressure build-up; controlling the fluid flow by providing valves in the several conduit sections operable in sequence; storing at least one liquid component upon a resilient platform responsive to the increment of change in the load of liquid as it is depleted such that the liquid level is maintained thereby establishing a substantially constant head of the one liquid for the system.