INDUSTRIAL OUTPUT

New Zealand Herald, Volume 78, Issue 24094, 13 October 1941, Page 3

INDUSTRIAL OUTPUT

GROWTH IN AUSTRALIA WARTIME EXPANSION Vast developments of Australian wartime industries during the past 12 months were discussed bv Mr. Alured Kelly, who passed through Auckland during the week-end. Mr. Kelly was until recently president of the Associated Chambers of Manufacturers of Australia, and also of the Victorian Chamber of Manufacturers, and he left by the Anznc Clipper yesterday to attend the International Labour Conference in New York. There were innumerable examples in Australian industry, Mr. Kelly said, where the adoption of piecework methods had doubled, or even trebled, the output with only a small amount of overtime. This, of course, involvd standardisation on a large scale. During the past 12 months the number engrafted i" industry in tho Commonwealth had risen from UO-2,000 to 070,000, but this did riot convey a full idea of the expansion that had taken placo. As a result, of mass production efforts and overtime work, the 070.000 were now producing as much as would previously have been turned out by 1,000,000 workers. Production for civilian requirements had been substantially reduced to enable war industries to bo built up. Tt was in tho heavy industries, Mr. K«Hv said, that overtime was chiefly beine worked, mainly on account of tho need of obtaining tho maximum output from tho skilled labour available. Another 200,000 workers were required in Australia for tho war production programme laic} down for the next 12 months, and this indicated that the time had arrived when industries must be classified as essential, semi-essential and nonessential. Already the Tariff Board was drawinsr up a list of classified industries for tho guidance of tho Government.

REPATRIATING DOLLARS

QUEENSLAND LOAN REPAID

Commonwealth dollar balances worth 1,630,000 dollars and securities worth 1,1 23,000 dollars (£1,800,000 Australian currency in all) ha\e been realised in America and exchanged for Australian currency up to June 30. This has been done in response to requests, supplemented by a later order of the (Commonwealth Hank, made to Australian residents who owned American assets. Any remaining dollar securities privately held by Australians must be small. At the end of 10-10 there were still 1702 common shares of U.S. Steel, for example, in Australian hands, but now there are none. At tho same time, Australia has been paying off debts in New York. Mr. Fadden recently announced that tho Queensland 7 per cent dollar loan for slightly over £2,000,000, which matured on September 30, was paid off. Ho also expressed appreciation of tho action of an Australian company, the Mutual Life and Citizens' Assurance Company, Limited, which held over £330,000, Australian. of tho issue. Instead of requiring cash, tho company accepted Commonwealth securities in Australia in payment.

OPOSSUM SKINS CHEAPER

SECOND DUNEDIN SALE (0.C.) DUNEDIN, Saturday

For the second opossum skin sale approximately 88,000 skins were submitted. The greater proportion of the skins on offer were from North Island districts. There was a good demand, red, browns, red necks, blues and greys coming in for special attention. Exporters again took tho bulk of the offering. New Zealand furriers being very quiet. As compared with September rates, browns were (3d to Is (id. black (id to 2s, and greys, blues and slates (id to Is (id lower. Ked necks sold on about a par with September rates, with the exception of North Island light skins, which receded on an average of (id. Extra super Hues sold to 1 (is; super blues, to 15s; first blues, to 13s lid; extra super greys, to 12s Bd, super greys, to 12s (id: first greys, to lis; greys (rusty), super, to 10s fid; firsts, to Os 7d; seconds, to Ss 6d; red necks, super, to lis sd; firsts, to 10s lOd; seconds, to i)s 7d; thirds, to 7s Id; browns, firsts, to Os fid; seconds, to 8s lid; blacks, extra super, to Ss 0(1; super, to 8s; firsts, to 7s.

COUNTRY STOCK SALES DEMAND AT MATAMATA Tho Farmers' Auctioneering reports that at Matamata a full yarding of all classes of cattle camo forward. Competition was steady and tho whole yarding sold. Medium fat Polled Angus steers, to £l2 3s ; fat Polled Angus heifers, to £0 lUs; light Polled Angus cows. £7 10sj fat Jersey steers, to £7 2s (id; fat Shorthorn cows, £7 2s (id to £8; fat Jersey cows. £5 13s to £6 10s; light fat. £5 to £5 ss; boner cows. £2 15s to £3 I2s Od; empty two-year Jersey heifers, £3 2s (id to .€3 7s Od; choice Jersey yearling heifers, £7 7s Gd to £8 2s; Jersey yearling heifers, £G to £7; small, £4 15s to £5 7s Gd; yearling Jersey bulls, £6 to £7; yearling Fricsian bulls, £3 to £4. Fat woolly hoggets, 24s 7d to 265; forward-conditioned woolly hoggets, to 18s Od, small shorn fat hoggets, to 18s (id. Choppers, £2 1.4s to £3 13s; medium baconers, £3 10s to £3 12s; litdit, 5s to £3 8S; porkers, £2 4s to £3 3s; large stores and unfinished porkers. 35s to £2 2s; small stores, 28s Gd to 325; slips. 20s to 27s (id; weaners, 8s to 16s (id; breeding sows, 2ns to £2 ss. Jersey and Jersey-cross heifers, close to profit. £l2 to £l3 ss; others. £9 10s to £11; Shorthorn heifers. £6 15s to .CO 15s; Jersey and Jersey-cross cows, close to profit, £!) 10s to £ll 15s; others, £g 10s to £8; cows in milk, £8 to £>J.

Dalgetv reports that at Te Awamutu on Thursday", owing <o the unfavourable weather conditions prevailing, there was a very short varding. Prime heavy bullocks made £l2 10s; lighter, £ll 8s to £ll 15s; heavy prime fat heifers, £ll 17s; medium, £S to £9; heavy Jersey cows, £5 13s to £G 7s Od; medium, £4 12s (id to £5 ; boners. 30s to £3 18s; yearling Jersey heifers, £6 lis to £7 ss; others. .€4 17s fid to £5 15s; service hulls, lo i'S Kts. Springing Jersey heifers, to £1 inferior, £5 15s to £7 15s. Fat woolly wethers 29s 3d to 29s (id; fat shorn ewes, 12s (id. A pen of failing-mouth ewes with (15 lambs at foot made 14s 7d, all counted. IMPORTED AYRSHIRE STOCK Three importations of Ayrshire cattle from leading herds in Tasmania have recently been made for the stud farm at Puketutih which is being developed by Air. H. J. Kelliher. of Auckland. Two previous consignments totalling 1(5 cows and two young stock, including many noted prize-winners, from the leading herds of Alessrs. W. A. Oliver. Olivedale, H. B. Scott and Sons, Coraville, S. E. Wing Aloola, and E. G. Hall, Allandale, were all landed safely by Wright, Stephenson and Company, who announce that an outstanding herd sire in Allanvale Satin Boy has also been landed at Puketutn Island. He is by Glengarry Alasterman, who was never beaten for champion honours durins the three seasons ho headed the Allanvale herd. The dam of Satin Boy. Allanvale Sadie Second, comes from a noted family of Ayrshires and has an excellent production record.