PRICE OF TIMBER
NORTHERN MILLERS' VIEWS. A northern timber miller, who is in Wellington for a few days, informed a Dominion reporter yesterday that it is practically certain that there will ho a slight increase in tho price of timber in the North- Island, as well as in tho South. This increase, he said, would not exceed 15 per cent, on the present prices, and so from being unnecessary, there was, ho said, every justification for tho aavancc. "While tho greater part" of building material, except timhad advanced in prices—in many case's by over 100 per cent. —thero had been little increase in price of timber. Rut umber millers had to purchase wire-rope, machinery parts, oil, grease, and ironwork of every kind at tho adviinccd prices. As the bush was steadily cut back, thero was moro haulage, and every increase in timber prices meant that royalties wero increased too. Labour was an item in the question, but it was only ono item. Tho miller referred to mentioned that it hail been suggested that wliito pfno tirrth'er should be conserved, and that its expijrt should bo prohibited. Sucli a step, he held, would bo a rank ihj'ustico to timber millers, who had acquired timber-cutting rights of white pine forests. These would liavo to stand idlo while royalties wore paid. If tho buttor factories wanted to ensure si future supply of white pine, they shßuld take over these forests, and pay tho royalties until they were ready for tho timber. The market in Australia was also referred to as having a strong effect 011 tho Now Zealand prices. Before tho war Australia imported pines and other soft woods, which she does not grow herself, from tho Baltic. Such cargoes are not arriving at present, and Australia is making a heavier demand for wliito pine, kauri, and riniu than hitherto. The trade is limited owing to lack of ionnago, but such as it is it lias had a hardening effect upon Now Zealand timber prices.
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https://paperspast.natlib.govt.nz/newspapers/DOM19161014.2.82
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Dominion, Volume 10, Issue 2902, 14 October 1916, Page 14
Word count
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332PRICE OF TIMBER Dominion, Volume 10, Issue 2902, 14 October 1916, Page 14
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