THE TIMBER INDUSTRY.
SOUTHERN COMPANY FLOATED.
A company has recently been registered in Invercargill under the name of Southland and Otago Co-operative Timber Company, having its capital limited by guarantee. Owing to the increase in wages and in all commodities used by sawmillers, tho increased cost of and difficulty in working the bush, and the great cost of producing, marketing, and distributing timber by individual sawmillers, the company has been floated with the object of applying the co-operative principle in marketing and distributing timber, minimising the cost of delivery and working expenses, and guarding against sales to purchasers who are not financially sound. For a considerable time past many local sawmillers have been giving heavy trade discounts off the trade price-list, which has entailed losses upon them. While there is no talk at present of raising tho price of timber, the formation ,-of the new company, it is stated, will have the effect of reducing or abolishing the trade discount and adhering to the original list price. j
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Bibliographic details
New Zealand Herald, Volume LIII, Issue 16215, 28 April 1916, Page 6
Word Count
168THE TIMBER INDUSTRY. New Zealand Herald, Volume LIII, Issue 16215, 28 April 1916, Page 6
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