CHEAPER FERTILISERS.

Taranaki Daily News, 9 August 1922, Page 4

CHEAPER FERTILISERS.

PHOSPHATtBS FROM NAURU. REDUCTION IN PRICE. By Telegraph.—Press Assoc!atson. Wellington, Last Night. The Minister of Agriculture (the Hon, W. Nosworthy) made the following statement in the House to-day: “I am glad to be able to state that the phosphate commissioners have advised the Government that they are now in a position to further reduce the prica of phosphate rock from Nauru and, Ocean Islands. This will enable the c.i.f. price at the ports of Auckland, Wellington, Lyttelton, Dunedin and Bluff to be reduced by 6/3 per ton, the new price being £2 12s 3d. This reduction will take effect at once, and with the incoming of cargoes of thi* lower priced raw material a fall in the cost of manufactured fertilizers to farmers may be lookeijor—a very good thing for everybody concerned and partrcrrlarly for the producers, who mu»€ have manures, and in these hard times need to get them at as reasonable a cost as possible. It is interesting to note that the cost of the raw material from Nauru and Ocean Islande has been, brought down from £4 5s at the beginning of last year to this present figure of £2 12s 3d.” In reply to a question the Minister said t'he Government would see that the •reduction outlined was passed on to the qpnsumer. They had got the benefit of all the previous reductions, because the Government kept a very keen eye..-on that phase of the question.