PRIMARY PRODUCTS

New Zealand Times, Volume XLIX, Issue 11195, 28 April 1922, Page 4

PRIMARY PRODUCTS

COMPARATIVE values f tfTATEMBNT PRESENTED TO ARBITRATION COURT. -‘NOW AND IN 1914. litbsaeßting evidence conoeming the prices of New Zealand produce was given in l the Arbitration Court by Hr W. D. Hunt. Mr Hunt said:— New Zealand is ohififlv a pastoral and country. Its foreign trade per Bead of its population is greater EWi that of any other country. Its fconio'a debt per head of its populafcianla greater than any other country, lie eaqrate consist almost entirely of pubooralaiHl agricultural products. K«« products have to pay for all our imports and also the interest and sinking fond upon all our foreign debt. Our pastoral and agricultural products Ure oimooin with which we pay our way. The value and the relative value of oar pastoral and agricultural products most be continually borne in irrfnd in considering the affaire of this ngoofcry. Hie whole community must Sithe end adjust themselves to these yto following are the prices that ffew Zealand farmers axe getting for ♦Awytr Chief products at The present yjrruy compared with the price they reShod before the war : WOOL AND MEAT. Be price obtained New Zealand this i 4d. In the 1914re price for wool L was £l4 19s 4d, le. Shearing, raili are approximatelare than in. 1914. ie farmer this seaieen about £6 18s in 1914, not much re price this year it tho freezing bs has been about i present average The average price L 4 was about 6jd. rage price over all gg works this season has been ,pr lb, although present averts about 4|d. The average » ttda date m 1914 was about fee average price over . all tide season has been about brut present average price so. The aveswre price up to far 1914 was 3sd. . 3w price of tins varies con-, in Afferent parts of New In some districts most of the afcen far local consumption. bricAs depend chiefly on the ftmorii market. In 1814 ox beef was ifauMth about 28s per 1001 b far export •pa cow beef about 24s per l(X)lb. J 5& soar ok has beent wo!** l 7 er 7 eipbxt as it wou&jTldt m»cli fowetitep pay expenses. Oow beef has to expast Vnhie. Trices of beef on an Wroragß this year in New, Zealand are Jbput 10b Oar lOCftb below : 1914 values. M oonridering these' values for fengi. mxchbam and beef, it must be borne inmfoci that it noW costs about 40 per oßnjL mare, to rail stock to erearing wcnLi khan iidid in 1914, and fun oofoee off tica orioo to the farmer. DAISY EROIJUCIB. /rananu la now worth*about 7d per |p ioJl It corts now 2d to 2fd per ft to iniauufaotore dbeese and put it torn-, leaving tbs farmer rather lees Up SdL On « butter-fat basis this tiodgi oaf at anout 12j<3 per lb. In 1914 cheese was worth about 6fd per Elb f.o.b. It cost then 7-8 dto Id per ft to manufacture and put f.0.b., leaving the farmer iM, which is the riutuvutout of la ijo per Vh for butterButtcr.—This saasou has averaged > f.0.b., although toout Is 4d- It now er lb to manufacture f-0.b,, which leaves Iljd for Ms butter, atent of about 134 d h*. .In 1914 butter la per lb f.0.b.. and » manufacture it and i left the farmer lOd I equal to 1s per ; lb £ 90wK be., wrned do 1814 than to-day. wftfi, say, ge, fa worth to-day mid in 1914 about is. o<*te ace worth to-day 2s 6(l' per behei, amd ln 1914 Is 7d, but mis M much below the average pre-war pM. flariw today is worth 3s 6d nr Bushel, and in 1914 3s 6d. Linseed {today £l2 per ton, and the same price B 19*4. ft costs 5d to 6d per bushel more to harvest and thresh, gain toSv than it did in 1914.