ADVERSE TRADE BALANCE. PIG RAISING INDUSTRY.

Dominion, Volume 3, Issue 913, 5 September 1910, Page 10

ADVERSE TRADE BALANCE.

PIG RAISING INDUSTRY.

AN AMERICAN'EXASIPLE '

v.^-The;-:f6n6^g-;;frbm\;'---tKe'':-..-'/Breedefe iGaz'ette ~-givesvaii'; example" 6£ how ieven.,ar vast .country ' likV thd A United .-States' >o£ Amevica can ; be aftected;l)j-.a falling-off ■ id 4he-revenue 'from,agricultural so'.urcesV -.'■i' : .'.Somethingover.3oo,(Joo,oGo';dbllars' was 1 borrowed 'in:.Europe .list;';year .by'.the, OJ nited* States. .:;cMeanwliile:> exports v of? ■agricultural! productsCofAall' kinds ■-•ex-i ■ cept: : cotton, have. bepdiminisHing/. tliefe'-: •by creating;.an adverse •balance.of'tradeK In ibreadstufts,. moat, and .dairy' products .and-live stock;oin\ sales.to iEuiope "haye'' ...•doirehsed ; in 'ratio;.'. Statistics;' : .:Era ; . • (ready, compile*...for■■ -the.;' expired? . <.u t» i; mpnths; j-and;.'comparisons. v are':';ii* t.vj .ijng, -snowing a steady decreasefiiu'r-' mj. tnu.past.iiye-.■"'•'ye'aivv- Comparisons' l ' ioilow •/■''.;<:.■. :: :,■■;■-.. ■■..:;.,.;.;;..,.:.;,.■;;

"In;,nve. years exports.:'of these,-,com-l, modi ties', have decreased fr0m!:351,7'17,718 dollars ; . ■to '' 230,000,309' /dollars—oh/^'. ail 1 / eleventh-mbnth''comparison;; a- shrinkage■ of; 151,741,409 "dollars.'. The heaviest- de-' crease 'is: iii 'live.. stock: ; , During' May, / -1909, '14,528 cattle./.valued/at:, 1,301,8131'db1i lars,'. were .exported';. /. during.' the'" Sahib: month this year. only,7l2head, valued at' .81,90-1 'dollars, /found that outlet; ;; ~, / ■-. "A;few'■'• years, ago ( the balance", /of-' foreign, trade was in our. favour' owing '.to the;';mohey Europe l sent ;tb''the '.United: States for food supplies. 'In othciv'words;' mr- farm products more, than paid burforeign/expenses. .'Since the era'bf tig-' sreased; productior/, and high prices- this bade advantage disappeared."- '. .': 'It would not-be necessary for prices to drop, to a ruinous basis to revive• tliis* waning, export..,- trade v '.'in breadstuffs, meats, dairy products and live' stock, and' the > day when production will be increased to a sufficient volume to enable Europe to buy more extensively cannot be hastened too rapidly. . Eevival of export trade' will come .only with lower prices, but more money will be earned by,the agricultural interest in the aggi-e----tate. . Present high markets do not benet thofte.who .have..little, or -nothing,,' to Eellj and a-return to lower but yet remun. .erativo valuations will greatly profit our agriculture."'' "'.• .:' ■'••.'.■',"

At a meeting of the'Hawera brancli of the-.;.Farmers' D. Scott instanced Australia as the greatest, woplEro'ducing: country •in .the worid. This ad been • brought; about' by a thorough system of classification and ho believed if cow-testing' was taken 'up"in- a', similar manner.the dairy herds of the. Dominion would bo greatly improved and thus make for. the advancement of the dairying in-, diutry in #w- Zealand, .:

!r\'' EXPORT PROSPECTS. ! ■':. Speaking ■■■ at''' the; annual meeting ol the /lariihaki -Freezing Works, Mr.' Stills of the London dairy produce firm of Mills.and Sparrow, said: 'New Zea Innd-.bacori: can, ami -..ha*-, been, shipped Home, arrived -in good condition, and ,-has' given;-■■'satisfaction to- the 'customers, therefore Moiroiisti'ating that' there is; a market at Homo for Now-'Zsaiaud bacon. If you go ou raising pigs now you are on a: 1 good wicket. . The meat can be shipped as pork—with pigs from 6(.'lb;' lolOOlb.—or as bacon— l Mb. to 1801b. The bacon trade here has proved to .'.be- ■'[.'■practical' ■ aria an ouu let'; for' it ; 'now" is''assured. There is no doubt, that: New Zealand is.going ■to:occupy'a^yery;;high':place m raising pork <. and bacon for /'Homo consump-, tio'n." ■ {-/ : r !.■ ■'. \ i ; . .. : i' : : ;';.. '"' _'!. : ; ' Replyuig* ,'tp, questions, ; Mr- ■ Mills said:, ''The 'value of .bacoiyto-day is •exceedingly-high^rfor. thb .reason that our natural; supplies : '.' are . shrinking: ;Tho',..XJnited..States.a| ; fe.\y.years ago' was, 'sending'.'..4ooo;.'tons'!a 'week to the Old | Country,- and' when. 1 left home .the imports..were.only;7so tons; a week;- Today,; ..bacon from' Denmark is .worth 70s.' t0,785. a c.wti, and Aii.L.lean bacon irom ;60s. .t6S7Os; iNgjv Zealand is rather, better than. American, for. there the pigs are. maize-fed, ..and .'.'maize-fed ..pork' doesn't;make good bacon.:' Of .course, your 'pigs' would need "to'be welj, fed and tppped;.,ofi"withia'''little.hard, feed."

'■■: -'--i! -/Ci' i:J ; Ga|tkKv .'p.'-'.-."'•£, \ : : \S"'/■'-.- ---'dairyi..Viv'Tfisga-^A 1 •V.-,;..-,. Breadstuffs..; [.products.' n; .and/Silietejf/- ;,■•.,.:'■•:. svl)pIlai ; 8 v .;^;?l)oilars. '■'■? ,-'•■': l!)0G ; -lG8i9i7,d57 ; t; • Ki)7 161;116,S85: -v.-"r 165,39^213'^ 4VMM : ■-i.mim&\},m':- 159,099,206 '■■■^im : Mi~- . 1909ril6,339,387--''-i33,88G,620' ■ 16*777,586 • 1910. rll7.,376,920.,: ::-:,;i00-,97i,136 :: 11,655,253