The prices at present being paid by farmers in different districts for Nauru Island phosphates were the subject of comment at the meeting of the Mid-Canterbury (Ashburton) branch of the Farmers’ Union (states an exchange). Mr J. Brown asked the chairman if anyone could explain why phosphate could be had in Auckland at £5 15s. per ton, while in Christchurch the price was £7 5s per ton. The chairman, Mr G. W. Leadley, stated that the only reason he could see for the difference was that Christchurch sellers had overstocked, and now that the price had receded they were selling their early stocks at the former price. A member: “And the farmer is paying for that?” Another member: “He generally does.” Mr W. T. Lili stated that he had been advised that the Christchurch price was similar to that of Auckland. It was decided to make an inquiry into the matter.
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Southland Times, Issue 19771, 20 February 1923, Page 5
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151Page 5 Advertisements Column 4 Southland Times, Issue 19771, 20 February 1923, Page 5
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