FREIGHTS ON DAIRY PRODUCE

Dominion, Volume 14, Issue 272, 11 August 1921, Page 4

FREIGHTS ON DAIRY PRODUCE

NO REDUCTION AT PRESENT RATES TO BE REVIEWED IN JANUARY The question of freight rates on butter and cheese was discussed yesterday at a conference of representatives of the dairy factories and associations of ths Dominion, and representatives of export houses and shipping interests. No report of the proceedings was furnished to the Press. It is understood, however, that it is unlikely there will be any reduction in freight rates at the present time, but that the whole position will be reviewed in January of next year. This decision is apparently in line with the agreement arrived at in London on July 18, when the committee appointed by Mr. Massey’s conference of New Zealand producers and shipowners exhaustively reviewed the position of sLipments and freights generally from both points of view. It was then agreed that the question of freights and cargoes be again considered in. New Zealand not later than the first week in next January. The, shipowners expressed their readiness to give every consideration to the position then, irrespective of existing contracts and with reference to such reduction in the working cost of steamers as may have then taken place. It was also agreed that negotiations with regard to the renewal of current contracts should take place at the same time.