WEST COAST TIMBER TRADE.
ACUTE DEPRESSION. (From Our Own Corkesfonoeot.) . _ GREMOtn'R, November 24. The depression in the timber trade i* being acutely felt on the West Coast, Where a large number of mills have already Closed down, whilst others are working with only half the ordinary staff. Were it not for the demand for white pine in Australia an absolute''general cessation of timber output would be imperative. Even the safety valve of the whito- pine trade, however, is not eternal, and the prospects m that direction have brought about a mutual decision to stop cutting definitely tor a month from December 18. \ percentage of the whito piners, judging by the balance of orders uncompleted, will conclude their work for this year earlier than the date set down. A huge industry, a maximum wage-earning power, a veritable backbone to this and other,districts stands in dire jeopardy, and unless Government immediately takes action in the matter with a view to protecting local millers, the position will indeed be a crave one. B
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Bibliographic details
Otago Daily Times, Issue 14380, 25 November 1908, Page 5
Word Count
170WEST COAST TIMBER TRADE. Otago Daily Times, Issue 14380, 25 November 1908, Page 5
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