Blame put on freights
(N.Z. Press Association) ROTORUA, February 20. The ever-increasing freight I rate for forestry products from New Zealand to AustraI lia was described as the “big i imponderable,” the chairman i of R.A.O. Holdings (Mr R. A. i Owens). told a combined ' meeting of the Geyserland I Lions Club and Lakes Rotary [Club in Rotorua. The rises were making it increasingly difficult to sell New Zealand products on that market, he said. “I am sure the rise in costs over the past years has discouraged the Australian importer,” said Mr Owens. “He has never been able to feel easy in his mind that this particular source of tim-' ber will be available at a price at which he can sell! on his own market.” “As opposed to the Australian market, where prices in the past have tended to rise very swiftly, we have been able to hold costs of receiving and stevedoring on Japanese-bound timber, at a stable rate for many years. “The cost of receiving and loading logs into a Japanesebound ship was the same in 1961 as it is today,” he said.
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Bibliographic details
Press, Volume CXII, Issue 32846, 21 February 1972, Page 19
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187Blame put on freights Press, Volume CXII, Issue 32846, 21 February 1972, Page 19
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