FARMERS' PROFITS.
"It's all very fine for people to sit at the table and make huge fortunes on paper," said Mr J. R. Triggs, the Concihation Commissioner, at Invercargill last week, when summing up the dairy farmer's position (says the Southland limes). Since the outbreak of hostilities, continued Mr Trigg, "fencing wire had increased in price 120 per cent, while manures /showed a 33 per cent, rise. So much for the increased cost of milk production. Materials used in the manufacture of cheese, again had risen in price 20 per cent, marine freight was up 25 per cent, while the insurance rates had increased by 200 per cent, with the result that, even with the big rise in cheese prices, the producers last season had made a net profit of only 7 per cent. In 1914-15 they made no extra profit, so that the net gain to the farmer worked out at about 3g per cent per annum.
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Waikato Times, Volume 87, Issue 13275, 2 September 1916, Page 9
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158FARMERS' PROFITS. Waikato Times, Volume 87, Issue 13275, 2 September 1916, Page 9
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