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Poverty Bay Herald, Volume XLIX, Issue 16114, 1 May 1923, Page 5

Tho annual report of the Wairarapa Kgg Circle shows very graphically how that industry in common with most others has been affected by the slump (says tho Age). The circle was formed in'l9lo, and in the first eight years of its operations it sold mora than a quarter of a million dozen eggs for its members and netted for them Is 4d per dozen. In the succeeding years the average price steadily rose to its peak at 2s 4£d per dozen in 1920-21. In the following year it fell to 2s and in tho year just ended it showed another very serious drop to Is 7|d, which is tho lowest level for some years past. Owing to a variety of reasons the cost of wheat has not fallen in sympathy with that of other commodities, and the egg producer, therefore, reaps a much lower profit from his eggs at Is 7|d today than he did a few years ago at a penny or two less. As a result the circle expects to see quite a number of its members falling out of the egg-pro-ducing business. ,