Page 4 Advertisements Column 1

Auckland Star, Volume LXIII, Issue 183, 4 August 1932, Page 4

REPLACEMENT COSTS OF FORESTS. Writing: in the "Canadian Gazette," February, 1931, Mr. F. J. Barnjum, a Canadian authority, states: "There Is no commodity in the world that is to-day selling so far below its replacement value as an acre or timberland. Practically every commodity in the world Is or can be over-produced except forests, which are In a class by themThls aspect seldom occurs to New Zealanders, who generally imagine that other countries are progressively replanting rorests. With few exceptions, such is not the case, chlelly because the rate of growth is too slow to commercialise tree planting. Bondholders in N.Z. Perpetual Forests Ltd., will benefit as the result of the above. Pines grow rapidly in -New Zealand.— <AcL) • i