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AGRICULTURAL IMPLEMENTS.

THE PROPOSED ADVANCE IN PRICES. (BT TEI.ECKAI'II.—SI'IXIAt COItItESrONOENT.J Ghristchurcb, September 17. A representative of the "Timaru Herald" was lately shown .i letter indicating that after tho end of this month all agricultural implements made and sckl in Canterbury would < be advanced in It was understood that an additional 5 per cent, would bo imposed, tho reason being the increased cost of iiianu- , facturo and raw material. A reporter who questioned somo Christchurch manufacturers i on tho subject learned that tho information was substantially correct. : Ono manufacturer said there was a general ! understanding among tho manufacturers : that tho new prices should como into forco on October 1. The increased prices were ;ib- ' solutoly lieccssary to tho industry, and there j was no' question of exploitation. J?or a long <! time the industry had not been doing too well, and recent awards had acccntuated the , position in tho form of increased wage 3, and ] as a. matter of fact tlip incrcaso had to bo i passed on. The increase was not 5 per cent, j It was calculated solely on tho increased cost 1 of production, and on thoso lines that were being made at tho samo cost as beforo there J would bo no increase. In tho caso of ploughs J the amount would bo 10s. oil about a £20 article. There would also bo an increase of 1 10s. on a roller which cost about £21 On ■ drills tbo increase would be greatest. Tho j price now was about £47, and on thorn the j incrcaso would be £li. Tho increases would 2 doubtless result in a decreased output, for . thero was no tariff protection to tho industry, i The manufacturers of Duncdin wero feeling < tho pinch worst at present, for they had two 1 awards, only one of which was now operating ? in Canterbury, but tho sccond was expected to come into forco locally soon. "Wo don't want tho trade to go to tho Yankees," ho 1 concluded, "but it is being driven there." Another manufacturer said that the chango would certainty moan a decrease in tho local output and increased importation. The importations were now steadily incrcasing, and where fifteen years ago only the raw material lwd been imported, it now paid ' local manufacturers to import certain lines.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19080918.2.91

Bibliographic details

Dominion, Volume 1, Issue 305, 18 September 1908, Page 10

Word Count
381

AGRICULTURAL IMPLEMENTS. Dominion, Volume 1, Issue 305, 18 September 1908, Page 10

AGRICULTURAL IMPLEMENTS. Dominion, Volume 1, Issue 305, 18 September 1908, Page 10

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