RISING COSTS
West Coast Sawmillers Apprehensive ROYALTIES AND PETROL (fly Telegraph—Press Association) GREYMOUTH, Aug. 5. Sawmillers on the West Coast are apprehensive of the effect of the continually rising costs on timber prices. It is feared in some quarters that it will soon be necessary to pass the increases on to the consumers. Timber royalties have now reach 2/9 100 feet for white pine, and 1/10 100 for rimu. In addition the increased petrol taxation means greatly increased costs for millers, who are big users of petrol, both in the mills and in the transport of sawn timber. One West Coast company which is operating four mills, used 38,672 gallons for the year ended June 30 last. The increased tax on a similar amount this year will mean over £644, or £l2 a week, on top of the recent 10 per cent, rise in railway freights, and 5 per cent, rise on tyre prices.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MT19390807.2.91
Bibliographic details
Manawatu Times, Volume 64, Issue 184, 7 August 1939, Page 8
Word Count
154RISING COSTS Manawatu Times, Volume 64, Issue 184, 7 August 1939, Page 8
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in