FARM & COMMERCIAL.

Dominion, Volume 7, Issue 2240, 28 August 1914, Page 8

FARM & COMMERCIAL.

; BASIS OF RURAL LIFE. SCIENTIFIC RESEARCH. ■ Aliinteresting : lecture, entitled- "Reeoaroh, .-as..tho .Basis for Rural Life," was •dehvorrd n't Victoria College last night by Dr. L, H. Bailey, director of-the School of Agriculture, Cornell University, 'U.S.A. ,Dr. Cockayne,'F.B.-S.,'presided. V - . In speaking .of"the experiments tried in' JJr. Bailey said that ho had : ho intention of applying them to a,, new country. I,'ho general trend of education now was to make the training more or . less concrete, after they had laid a good foundation in the fundamental essentials; D" ■ were introducing legislation which relation to the daily life. Research was W-Missary before this education could- bo fjiven. Research had be- i come a passion in men, and great honour was'given to persons distinguished in research. It was because tho -man of research was so interested in the ouo sub- i jeot that lie was able to generalise in others. In order that man should develop in efficiency in the open oountry, he should ■ have some knowledge of tho business, and j they could not have agricultural education- without research. Referring, to tho high price of beef in America, and the proposed Commission of Inquiry,-Dr. Bailey said that they had been living in a time of great abundance of beef. They must not suppose that .condition, was always to continue, for hvhon population began to overtake pro- , ■duction, -there was bound to bo n short- , age is. some, lines. They had been wasteful with beef, and should have eaten more e°gs, milk, fowls, etc. Ho had seen it stated that if the present, Tate of beef production went on, th-©' time -would arrive whoii they could ouly eat it once a day. "Why, bless you," lie said, "once is enough." . • ; As to tho need for farmers, he said that what the proportion to the population ■ in.a community. should be, must, of course, bo determined' by tho conditions of. that community. The tools, of production had been vastly improved, arid tho decrease of a rural population was not an indication of agricultural decline: He pleaded for research, as the basis for tural life. ' : . In responding ta a hearty vote of thanks .accorded him, Dr., Bailey said that'-'he had greatly appreciated' the many kindnesses shown him in New Zealand'in these trying, He spoke enthusiastically of the progress made by New Zealand in the comparatively' short time of 50 years, and- expressed the opinion that the natural resources'of the country had hardly been touched. Ever considered the advisability of installing a: water-wheel on your property?. There's a lot of power running to waste in that tnvift stream— enough to drive all your farm machinery. This is_ a good -.sound proposition—means money to you. Write for particulars. A. J. JParton, Sheet Metal and Plumbing Works, Carterton—Advt. ' " The. "Omega" jlilking Machine has no Rubber Tubing at all. It took first prize at the Royal Agricultural Show in England Against : all-comers. Beat them on all-points. We are agents, and can sup-ply-a-few'plants this, season. /Wei also supply you a. Separator and 'buy. your' cream,'. For. . further ; particulars write. ; "W<vng&niii, Fresh. 1 Food -and Ico Co,, Guy'ton Street.—Advt. . ■ ■

COMMERCIAL ITEMS

"7INVESTMENT SHARES. 'A; sale of.-Bartk .of New Zealand sboies (£3 6s. Bd. paid'up) at'£9.l2s. was recorded 'yesterday, aiid-this is the first trajiEaotion for many days. The Quotations were ha under: — '. ;JV •' < 1' ' Bayers. Sellor«. ; ■" '' £s. d. £s. d . National Hank 4 16 6 4 17 6 N.Z/and H. I'latc 116 0 - 2 0 0 ; Auckland Gas (paid) 1 5 6, ' ■ — /Wellington Gas (£10) ...... 15 10 0 — Union.Steam ■ .10 3,. \Yestport-Stookton 0 2 6.— .'Leyland O'Brien - — I f D. Manning and Co 4 0 0 — Wttwl and Co.; — - S 1; 0 '' WOOOALES POSTPONED. Br ToHerapk—Prose Association—Coßyrleht . •" ' Sydney, August 27. At-a .meeting of wool buyers it was re-"solve&-that no.sales should bo held at present. . The ibuyera will .meet on September 9 to further consider the position. •" n AUSTRALIAN MARKETS. : " (Kec. JLugust 27, 10.10 p.m.) Sydney, Aiugust 27.; . Wheat. 01(1,"45.!7W..' to 45.,8 d:; new, te. M,; •flour, £10: oatg, Tasmanian, 3s. 3d. to 3s. 4d.i Algerian-, 3s. to 3s. 3d.; harley,,English, Js.; Oape, 2s. 10tl.; maize, 3s. 9d. to 3s. JOd.; bran-, £5-106.; pollard, £5 ISs.;. potatoes, ■Tasinanian, up' to £6 10s.; onions, Vic- ■ torian, £11;; butter, selected, 1126.; second- ' : "OiTy. ICOs/'to :1045.; cheese, 9d.; bacon, 8!d. • X. . ' Adelaide, August 27.. ". "Wheat',' I '4s.' 6id.; flour, £9 Ms.; bran and •'J pollard :£6 i7s/6d.' • LONDON MARKETS. •. f London, August 26/. 'Linseed oil, £26; .. . : \- ■', -Turpentine,. 345.'.5<1., • ! Bar.-silver is quoted at ,25d; per ounce • ; standard. •• . -The- Metal-Exchange .has fixed the price I ' of'beßt':'GSected copper at £61.- It will fix tfo'prices,..every Tuesday and Friday. ' ' Customs duty collected at r the port -of '. i Wellington-yesterday amounted to £10,114 1 : 15s! 2d. ' ' i'' . v : .. .. ■: ■ r /MOVEMENTS. INJBREADSTUFFS 1: : ._r ■ JOMP Uf : WHEAT. :ByTelegraph4Prees Association—Copyright ' (Rec, August 27, 10 p.m.) Chicago, August 26. -Wheat jumped three cents per bushel on • Lord Kitchener's 1 announcement that. Bri- . tain was preparing .for' a three ycare' var . if necessary. (Rec. August 27, 10.50 p.m.) ! London,- Angust 27, morning. • ; Wheat is firm, and sellers ate offering sparingly. The American- visible supply of wheat is estimated at . 49,806,000 bushels. MINING NEWS' . ' ' WELLINGTON SHARE MARKET, j "Yesterday in tho mining market there /were Bales of Talisman,. at 275. 10id., Mur-ray-Creek, old, «,t 275.,-and new 10s., paid v at 17s. Tho quotations were as follow— Buyers. ' Sailers. , . £0. d. ,£s. d : Murray ' Greek (old) '16 0 .'! — Muway Creek (10s.) - — 0 17 6 'Ross 0 10 -013 . Swastika'.. —■ ■ ■ 0 4 0 iTalisman,. 17 .3 ■1' 7 ? ".. .'.Victoria ■ ■ —. 0 0 2 » Waiiii /. 19 6 110 3 Grand, Junction 10'6 — ! BTOOK- EXCHANGE.' ?. (By Telegraph—Press. Association.).. Auckland, August 27. Business was still quiet on the 6hare ..market to-day. No transactions took pi act ur standard stacks. In. mining' lines ■Waihis sold-at 305., at which-price more were wanted, Hdlers closing , at, 30s. ' 3d. Waihl Grand Junctions were done at 20s, . fid/and 20s. 9d„ with late ; eollcre at 21s ■ and buyers at 20s. 6d. Talismans changed hands at 275. 6d.. with further offers oi j 275. 3d.; sellers, 275. 6d. 1 Dunedln, August 27. The share market was slightly brightei j to-day, thouith only two transactions too!" , place sales being reported in - Waihi at £i j ________