NAURU PHOSPHATE.
THE QUESTION OF PRICE. The Government was endeavoring by every means to bring down the price of Nauru phosphate, stated the Minister Agriculture (Hon. W. Nosworthy), in the House. Mr. Nosworthy gave members some information regarding the prese.it price.. The c.i.f. price at Auckland today, he stated, was £3 10s 6d a ton. The total price on trucks at the works, Auckland, was £5 12s 4d. It cost on the average about 10s a ton to place the phosphate f.o.b. Auckland or Onehunga for retail order. Freight and labor costs had been high when much of the rock was ordered, and last season there had not been much of a demand for phosphate or any other fertiliser, owing to the slump. As time went on, orders would probably increase. The Government made only short freight agreements, and on three occasions already since it had commenced operations it had gained freight concessions. The' greater the amount of phosphate the country could handle, the lower the price would become.
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Taranaki Daily News, 28 July 1922, Page 7
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169NAURU PHOSPHATE. Taranaki Daily News, 28 July 1922, Page 7
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