THE TIMBER INDUSTRY

Evening Post, Volume CXI, Issue 107, 6 May 1926, Page 10

THE TIMBER INDUSTRY

PACING GRAVE CONDITIONS,

(By Telegraph.—Press Association.)

HAMILTON, This Day. During a statement on the position of the timber industry in New Zealand, Mr. J. Bush, chairman, of the Main Trunk Timber Trade Protection GuiM, speaking at a reception accorded by the sawmillers to Mr. H. Valder, of Hamilton, said ho always held that the sawmillers, in order to do any good, should be an association. They were undoubtedly approaching a troublesome period. Not only did the conditions of the industry in New Zealand point to that, but the financial position of the counti'y also indicated it, while the importations, of foreign timber wore having a serious effect on the market. During the past six months the industry had boon faced with over-importations, increased railway freights, and a glutted market. This was a very grave position for the industry. Ho fully recognised the seriousness of the situation, and would do Ma best to hold things together.

Sample furs and a quantity of pure silk ladies' hosiery will be offered at auction to-morrow at 1 o'clock, in the mart of Seatou's Sales Service, 21], Lamblon quay. Jfnssi's. Vine and Co. sell by auction vi. the mart, to-morrow (Friday), at 1.30 |,p.m., jewellery, drapery, and furniture,