PRICE OF POLLARD

Hokitika Guardian, 29 September 1930, Page 3

PRICE OF POLLARD

REDUCTION IN AUCKLAND. : AUCKLAND, Sept. 26. Local mill,'proprietors, ■ and also grain and produce merchants, have decided ,to -reduce the'''wholesale price of pollard by £1 per ton as from today, bringing it to £7 10s per ton. The reduction in price is due to the, competition /'of,., Aiistfaliah ; d'-'l>hll.a'Fd. : During-- the winter months Che mill, were changing £9 ,10s per ton, but their supplies were not nearly sufficient. ..tor requirements, and mer T , chants,.;', being unable t 0,,, obtain the south,’ sfent ;? to f •iS.tlStralia. At that time the Commonwealth prices were fairly high, ant they had to charge customers £1 more than the rate fixed by the mills. During the last lew months there has ibeen a big drop in the Australian price, with the result that merchants gave substantial orders. At tlii, stage the Ijocal mills reduced tlieir rates to £8 10s, hut the merchants wore able to cut under this figure. With the advent of warmer weather,the keen demand for pollard has eased. Stocks have accumulated, and hence the latest decline in values. It is a, long time 1 since, pollard Atas * obtainable so cheaply.' A year ago local mills prices were £9 10s, whilst' mprcliants Avere charging £lO 10s for southern pollard,.••. and- £ll for Australian.