“INCREASE PRODUCTION”

Sun (Auckland), Volume IV, Issue 1041, 4 August 1930, Page 11

“INCREASE PRODUCTION”

HOW TO MEET LOWER PRICE LEVELS ADVICE TO DAIRY FARMERS Special to THE SUN WELLINGTON, Today. Farmers must reconcile themselves to lower prices for dairy produce and concentrate upon higher production levels to fill the gap in their fncpme caused by the fall in values, stated a leading dealer in dairy produce today. There is no confidence in the market and forward buying is at a minimum, he frankly admitted. The recent recovery is set down to the fact that European production has not come up to the level expected, but all advice agrees that Australia is passing through an exceptionally favourable time, and this is expected to offset any gain which may be accruing to the Dominion as a result of a lag in European production. Only exceptional circumstances can alter this state of affairs, in the view of this dealer, and the one thing which would exercise a marked influence upon next season’s price level would bo a drought in Australia. Another factor in the situation is that there will be very little trade with Canada this spring, whereas last spring saw shipments to that Dominion reach a good total. The average pay-out of factories for butter-fat during the past season varied from Is 2&d to Is sd, which was not an unreasonable figure. However, this is said to have been due to the fact that some factories sold well, a thing which is not possible in the present state of the market. Conditions in England are not improving rapidly enough to have an influence upon the next season’s prices, and everyone on the marketing side of the business is expecting and prepared to accept lower levels. Practically all stored dairy produce has now been shipped or will bo shipped within a short time, and dealers look to the next season with no hopes of its being better than the one just past. AMERICAN TRADING TIMBER INDUSTRY SUBSIDISED Special to TUE SUN OAMARU, Sunday. In an address to the Oamaru Rotary Club on Empire economic unity, Dr. W. A. Chappie, formerly member of the House of Representatives for Tuapeka. and latter.y a Liberal member of tho House of Commons, spoke of America’s trade war with Britain. As an example of the trading methods of the United States, Dr. Chappie said she was carrying timber in boats subsidised for the carriage of mails, but which carried no mails. She did not wish the industry to bear the stigma of a subsidy, so she camouflaged her subvention in that manner. By that means America would exterminate the mills in New Zealand, and later would bo able to charge for her timber whatever she liked.