THE PRICE OF TIMBER.

Taranaki Daily News, 1 April 1922, Page 4

THE PRICE OF TIMBER.

THE REDUCTION CONFIRMED. PROSPECT OF TIMBER FAMINE. By Telegraph.—Press Awociatlon. Wellington, Last Night. According to Mr. A. Seed (secretary) the Sawmillem’ Federation of New Zealand decided at a meeting of sawmiller*, held at Okahune, to reduce the prices of building second-class scantlings, and marking by 2a per 100 feet. The accumulation of dry timber through stocks would assist building during the winter. All reductions would apply to delivery to all places on the railway line between Auckland, Wellington, New Plymouth end Napier. Fencing battens had also been reduced by 5s and 4e fid. “There has been much talk regarding a timber famine in the near future,” said Mr. Seed. “Many people have scoffed at such a thing, but, as the result of my visit, I am firmly convince! that the most accessible timber will have been exhausted in a very few years. As a result, the sawmillers will be forced to seek their supplier in the sparsely timbered rough country, which means greatly increased costs of working. A* a consequence, it will be futile to expect timber price* to remain at even their present level.”