NEW ZEALAND BOARD OF TRADE.
v £350,000 SAVED. The synopsis of the work of the New Zealand Board of Trade since its inception on March 31 last makes interesting reading. A summary of the results already achieved shows that the Board's work has resulted in an estimated monetary saving to the public of £309,000. Amongst other work which the Board has carried out has been the following: 1. Coal prices at Auckland:—lnquiry held, representatives of the various companies were examined, also wholesale dealers and retailers. Result: 'Report submitted and laid on tlie Table. After a conference between members of the Board and leading coal dealers and retailers the price of coal in bag lots was reduced by is a ton. Estimated saving to consumers by this reduction totals £3OOO per annum.
■2. Coal prices at New (Plymouth:—lnquiry held, and master coal dealers examined. 'Result: Prices reduced from Is Cd to (id per ton. Estimated saving to consumers, £ISOO per annum. 3. Sugar, price and suply of:—lnquiry held Auckland and Wellington, and agreement arrived at with company, fixing .price at £2l per ton for twelve months ending June 1917. Result: Report submitted to you. On comparison with prices in other countries New Zealand is saving by this agreement £SGO,000 for the period. (Note—retail prices of sugar to-day are, per pound, New Zealand 2%d to 3d; Australia, 3y»d to 3%d; Great Britain 5y 2 d). ; 4. Wheat and bread, and flour:—Prices investigated at Ohristchureh, Ashburton. Timaru, Greymouth, Westport, Nelson, Pukekoiie, Thames, Hamilton, Wanganui, and New Plymouth. A result: Report with recommendations submitted to you, and subsequently laid on Table -printed and circulated. At Thames price of bread reduced after conference with bakers to correspond with Auckland prices. Estimated saving to Thames consumers, £2OOO per annum. At Hamilton and Pukckohe, Board unsuccessful in reducing price of bread, which is considered unreasonably hig'h. At New Plymouth, bread reduced ill price by bakers after conference with Board by Id to 4d per 41b loaf. Estimated saving to consumers in New Plymouth, £2500 per annum. 5. Inquiry into Post-war, trade with enemy countries.—This matter was referred to Board by His Excellency the Governor. Inquiry opened at Auckland and continued at Gisborne, Wanganui and New Plymouth' when representatives from the Chambers of Commerce in each place were interviewed and matter discussed. Proceedings were open to the Press. Result: Matter incomplete. 0. Inquiry into pre-war and present pikes of the main commodities of life.— At Auckland, Wanganui, and New »Plylr.out'ii the Board instituted inquiries into pre-war and present prices of the main commodities of life, including groceries, fuel, clothing, and rent. Result: Inquiry incomplete," investigations pending in other centres. SUMMARY OF PRACTICAL RESULTS. The Board's work has resulted in the following monetary savings to the public:— £■ a Susar (estimated) 300,000 b Coal (Auckland) (est.) .. 30(10 e Bread (Thames) (est.) . .i 2000 d Coal (X.P.) (est.) 1500 e Bread (N.P.) (est.) 2500 In addition the opinion has been freely expressed that the appointment of t'lie Board lias had a steadying influence on nrices generally
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Taranaki Daily News, 19 September 1916, Page 3
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505NEW ZEALAND BOARD OF TRADE. Taranaki Daily News, 19 September 1916, Page 3
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