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Hawke's Bay Tribune, Volume XXIII, Issue 104, 13 April 1933, Page 5

The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cablegram from their London house, under date 13th instant (last week’s quotations in parentheses): —Butter: (59s to 70s (665). Cheese: White, 39s (37s to 38s); coloured, 46s (465). TIMBER SHORTAGE. During the British House of Commons Forestry debate, November 20, 1929, the following statement was made: —‘'There are to-day actually only four countries left in the whole wide world which are meeting their own timber requirements. They are Russia, Canada, the Scandanavian Peninsula, and Poland. Most of Russia’s supplies are inaccessible, Scandanavia necessarily restricts cutting in accordance with production. Poland’s supplies are very limited, »ad Canada’s forests are not likely to be more than sufficient for her own and part of U.S.A.’s requirements in the near future.” It is obvious, therefore, that the softwood forests established by N.Z. Perpetual Forests, Ltd., are going to be very valuable when ready , for realisation in the near future.*