INCREASE PREDICTED
* PRICES OF TIMBER MEETING RISING COSTS WEST COAST POSITION (Por Tress Association.) GREYMOUTH. this day. Sawmillers on the West Coast are apprehensive of the effect of continually rising costs on timber prices. It is heard in some quarters that it soon will be necessary to pass tire increases on to the consumers. In recent apprisements, the State Forests Department has increased Limber royalties by from 3d to 4d. Such rises have been gradual for a considerable time, and the royalties have now reached 2s 9d a 100 ft. for white pine and Is lOd for rimu.
In audition, the increased petrol taxation means greatly increased costs for millers, who are big users of petrol, both in the mills and for the transport of sawn timber. One West Coast company operating four mills used 38,672 gallons in the year ended June 30 last. The increased tax on a similar amount (this year will mean over £644, or £l2 a week, on top of the recent 10 per cent rise in railway .freights and the 5 per cent rise in type prices.
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Bibliographic details
Gisborne Herald, Volume LXVI, Issue 20009, 7 August 1939, Page 7
Word Count
182INCREASE PREDICTED Gisborne Herald, Volume LXVI, Issue 20009, 7 August 1939, Page 7
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