FLAXMILLERS CONSIDERING.
AT WHAT PRICE WILL THEY CLOSE DOWN't ;A well-known (faxmiller, interviewed con- x corning tho price of;- flax, stated that if it: drops to £17 per ton; which lie considered was not improbably., all the milU" would b?ve to qlose down or otherwise rnu Jjt-. a loss. lie went on'jMo stato 'tliat there waa very little in "the. E^nie 1 at the present "time, arid already it,was Reported that some mills' ' would close down, If all th o mills are obliged to close down-," ihq : , ( 'it ' will'mean a ; big:.lps»>.to Palmersioii/Ndrtli,' ' ■ a3 .n large prbppftiorf 'of tlje money csrijed is spent there. , Last*? year, wnen flax was at a good price, : mills 1 wore pay- 1 . ing ; an average, of. £ffiO per mouth ieaoli in-" vvages. i- 'J''' . I have since met M}/, Seifert (wrote oijr correspondent later); a,yd ho stated that'at" tho present timo,-,-it post?: and . over: to " , produce a ■ ton''.of considers,' that • the biggost_ part.of : .£l7,COO, Revenue.'derived,,', from flaxmilling,, is spent: yearly, in .'Palmor- , stoii and the iioightcuring tov.'ns around tne ' district. . ■ I '/v'.;//..v.''.' :
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https://paperspast.natlib.govt.nz/newspapers/DOM19080305.2.3.6
Bibliographic details
Dominion, Volume 1, Issue 138, 5 March 1908, Page 2
Word Count
177FLAXMILLERS CONSIDERING. Dominion, Volume 1, Issue 138, 5 March 1908, Page 2
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