FARMING & COMMERCIAL

Dominion, Volume 14, Issue 162, 5 April 1921, Page 8

FARMING & COMMERCIAL

NEWS AND NOTES

AUCTION SALKS FORTHCOMING FIXTURES. TO-DAY. Levin Yards, 12 noon.—Stock sale. 137 Lambton Quay, Wellington, 1.30 p.m.— Poultry eale (Hodgkins, Carver). TO-MORROW. ' 105 Customhouse Quay, Wellington, 11 a.m’. —Sale of cement (S. G. Nathan and Co.). Cashel Street, Christchurch, 12 noon.— Lund sale (New Zealand Farmers’). To Horo Yards. 12 noon.—Stock sale. Peeve Street, Weraroa, 1.30 p.m.—Furniture sale (Joplin, Stallard, and Carmichael). Allen Street, Wellington, 2 p.m.—Sale of suitings (Townsend and Paul). 106 Customhouse Quay, Wellington, 2.30 p.m. (S. G. Nathan and Co.). 203 Lambton Quay, Wellington, 2.30 p.m.— Property sale (Longmore and Co.). THURSDAY. 157 Lambton Quay, Wellington, 1.30 p.m.— Sale of unclaimed goods (E. Johnston and Co.). THE BUTTER MARKET ENGLISH PRICES FIXED. Messrs. Dalgoty and Co., Ltd., report having received the following cablegram from their London office under date of March 31 i— Butter. —The Government have fixed the following prices, which, remain in force until April 15:— New Zealand, first , and second grades, 2625. Australian, 2445. Argentine* 240 s Blended, 2125. Australian, third grade, 208 s. Pastry, 200 s. Blended pastry. 160 s. The general opinion is that these prices will have to be reduced. Plentiful supplies expected from Denmark, as Germany is not importing. , Cheese. —New Zealand, white, 1325.; New Zealand, coloured, 150 s. CHEESE AND BUTTER PRICES IN QUEENSLAND. Brisbane, April .4. The Government has cancelled the orders fixing the prices of butter and cheese. The price of butter has in consequence been reduced by 4)d. per pound, and ,a reduction of 2d. per pound for cheese is anticipated.—Press Assn. AUSTRALIAN WHEAT THE SALES TO GERMANY. . Melbourne, April 4. The Minister .of Agriculture stated that of three sales of wheat made to Germany, two were at 10s. per bushel f.0.b., and one at 9s. 6d. c.i.f. Melbourne. Mr. Hughes, in reviewing the whole wheat position generally, stated that the greater part of 100,000,000 bushels of exportable wheat had been sold at 9s. 3d„ while the price fixed for home consumption is 9s. toMr Tudor, formerly Minister ot customs, intends to raise in Parliament the question of the sale of wheat to Germany. He stated that he had been informed that the quantity sold ran into millions of bushels in bulk at <s. 9dper bushel, and the balance at 7s. 6d. * Mr. W. M.- Hughes, P.rime Minister, has been adversely criticised oyer the sales, after the stand he has maintained against the resumption of trade with Ger--111 He’replies that the sales were carried out through the Wheat Board not the Government, and sale of goods to G many' in any case, was a very different matter from purchasing her' which he was still opposed.-Press Assn. WOOLLY APHIS EXPERIMENTS WITH NATURAL ENEMY. ’ . . By Telegraph.—Press Association. Nelson, April 4. t Professor Easterfield, directofof the It'awfhron Institute for Scientific ho&hAnnounces that Dr. Tillyard obtained a number of insects from America. which fed on. the woolly aphis. On Saturday afternoon it was first not that a number had hatched out on trees at the institute on which an experiment had been made, and the trees were being rapidly cleared of aphis If the insects became properly established they won Id greatly reduce the aphis trouble thionghm.t New Zealand. There was no chance of the insects attacking trees after they had eaten all the aphis. SYDNEY WOOL SALES v POSTPONED OWING TO LIMITED DEMAND. (Rec. April 5, 1.30 a.m.)/ . Sydney, April 4 Owing to She limited demand for wool, the National Wool Council has Postponed the Sydney sales indefinitely.—Press Assn. _____ WAIRARAPAJSGG CIRCLE PAST YEAR’S OPERATIONS. The committee of the Wairarapa Egg Circle, in the annual report, state that a considerable increase in the number of eggs marketed is shown as against the previous year, the difference being 20.776 dozen and the value .£2164 Ils. In this connection members are indebted to the Wellington agents who gave a guaranteed minimum price for all eggs marketed in the flush season; notwithstanding such guarantee, the average price for the twelve months was slightly lower than that for the preceding year With a view to placing the New Zealand Poultry Association on something like a sound financial basis," and providing sufficient funds to assist the executive in their efforts towards maintaining a live and progressive policy generally, the annual conference decided to appeal to all poultry keepers—whether members of circles or otherwise —to contribute sixpence per one hundred dozen eggs marketed. Should the members of the Wairarapa circle comply with the appeal, their contributions for the past year would amount to £l4 12s. 3d., a very small item in comparison to the amount saved 'to members through the association’s efforts in obtaining wheat from ■the Government at a reasonable price, which in several instances was the means of many being able to carry on. Thirty new members were elected during the year, as against twenty-five for the previous year. The membership of the circle now stands at 110, ns compared with :98 last year. The members are situated as follows: —-Masterton, 54; Carterton, 41; Greytown, 11; Featherston. 1. During the year under review the circle’s agents in Wellington, Masterton, Carterton, and Greytown, ’disposed of 54.910 dozen eggs, which realised <£5941 11s. 3d., as against 34.134 dozen for .£3780 os. 3d, in the previous year. The !>4.910 dozen eggs were dispatched from the following bdanches: Masterton, 31,977 dozen; Carterton, 17,525 dozen; Grey town, 5148 dozen; Featherston, 260 dozen. “As regards the future of the poultry industry,”' state the committee, ‘the feed problem, which has been one of much concern for the past five years, should be much easier this year, members can now feed more economically with quite successful results, by using oats to a much larger extent than was formerly done, thus minimising the need for wheat, which is still too high in price in comparison to that we are compelled to accept for out eggs. Notwithstanding all controversy to the contrary poultrykeepers are more affected with the generally accepted principle of supply and demand for their product than, any

other article of food. High prices for eggs for a short period are of no material advantage to the majority of those keeping poultry; a reasonable fair average price for the whole year is much more desirable. The committee hope to be able to arrange for tho supply of wheat and oats nt a reasonable price for the current year, and would urge members not to be in too big a hurryrto purchase their requirements.” OATEN HAY GROWING BENEFIT OF CROP ROTATION. Tests carried out by the Department of Agriculture since 1913 with the object of determining the most profitable cropping system for the production of oaten hay have shown that the average yield of hay could be grert|Jy increased with profit to the hay grower by tho adoption of a good system of crop rotation, status the Melbourne “Age.” Blaring the past seven years the yields of hay grown after bare fallow, and after barley and bare fallow, have been more than double tho yield of the field on which hay was grown continuously. The average annual net profit—the experiments were based on the capacity of a 300-acre farm—over the seven years after allowing all costs, including labour, seed, manure, rent of land and interest on. capital, was as follows:—Hay, grown continuously, .£184; hay after bare fallow, £380; hay after barley and bare fallow, .£314; hay after barley and peas, 41120. WHOLESALE PRODUCE PRICES Messrs. Laery and Co., Ltd., Wellington, report wholesale prices as follow: — Cape barley, 4s. per bushel, sacks in; crushed barley, 4s. 6d., sacks in; partridge peas, Bs. per bushel, socks Is.; peas, Prussian blue, 9s. per bushel, sacks.ls.: peas, feed, Bs. per bushel, sacks Is.; oats, hulled, for poultry feed. 6s. 6d. per bushel, sacks in; oats, seed Algerians, machine dressed, 4s. Bd.; farmers’, dressed. 3s. 9d,; feed, 3s. 7d. per bushel, sacks in; oats, dressed, for poultry feed, ss. per bushel, sacks in; oats, Gartons, A grade, 4s„ sacks in; B grade, 3s. lid., sacks in; Farro food, .£lO 10s. per ton; chaff, oaten sheaf, Blenheim, prime,, ton lots, <£7 17s. 6d. per ton, sacks in, free on trucks, Wellington; pdg and calf meal. -Cl2 per ton; hay, extra choice hicerne, £9 per ton; potatoes, choice, 7s. to Bs. Gd. per cwt.; fowls, (hens ss. to 65., heavy roosters 6s. 6d. to 7s. Gd. per pair; light cockerels, 3s. to 4s. 6d. per pair; ducks, Bs. to 10s. per pair; geese, 10s to Ils. per pair; turkeys, Is. 7a. to Is ’Bd. per lb.; butter, farmers’ separator dairy or milled, Is. Hd. per lb.; eggs, fresh, 3s. 4d. to 3s. 6d.; preserved, 2s. lOd. to 3s. per dozen; shell gr’t, choice quality, 1001 b. bags, 6s. 6d. per bag: onions. Bs. per cwt.; fowl feed, mixed, 9s. 9d, per bushel, 601 b.. sacks in: maize, whole, Bs. per bushel, sacks in; fowl wheat, 9s. per .bushel, sacks Is. 8-1.

COMMERCIAL INVESTMENT SHARES.

At the call yesterday Inscribed Stock 1933 (Discharged Soldiers Settlement Loan) showed another advance, buyers £B9 Buyers hav& advanced their Dins for this stock by £1 since Thursday. Bank of New Zealand shares were also a shade higher, with buyers at 445. 3d. The bids for New Zealand Refrigerating shares were advanced from 14s. to 155., and Leyland-O’Brien Timber shares were firmer with buyers at 30s. A sale of New Zealand Insurance shares at 245. 6a. was made on 'Change. The quotations were

CUSTOMS REVENUE. CusToms revenue collected at tfie port of Wellington yesterday' totalled £11,721 17s. 4d. MININA NBWB - WELLINGTON SHARE MARKET. The quotations for mining shares yesterday were as under:— " Buyers. Sellers. £ 3. d. £ S. d. Blackwater Mines — 0 8 3 Waihi r 17 0 - Walhi Grand Junction ... — o 7 o STOCK EXCHANGE. By Telegraph.—Press -.Association. Auckland, April 4. Sale:—Soldiers’ Loan, £B9. Dunedin . April 4. Sale:—Soldiers’ Bonds, £B9 (3). LIVE STOCK SALES Messrs. Abraham and Williams, Ltd., renort that at Feilding sale, on April 1, a heavy yarding of sheep and a small one ot cattle met with a ready sale at prices slightly in advance of last sale. Everything was sold under the hammer. We quote:—6-tooth and 4-year ewes 9si Bd., 10s. 3d. to 13s. Id.; small ditto, ss. lOd. to Bs. 7d.; 2-tooth to 4-year ewes. Us. 6d.; 2-tooth wethers, Bs., Bb. 6d.. 8s 10d., 10s., 12s. 2d.; lambs, 2s„ 2s. 9d., 2s. 10d..-3s. Bd.. 4s 9d„ 55.. 6s. Id. to 6s. 7d.; light fat wethers, 13s. Bd. Cattle: Springing heifers, £ll to £l2 10s.; 2nd calvers. £l3 10s.; yearling Jersey heifers, to £3 65.: store cows. 17s. 6d. to £2 Its.; forward heifers to £2 2b.; 3-y.ear steers, to £5 175.; 2-ye.ar steers, to £2 Is. > A COUGH MIXTURE RECIPE WORTH HAVING. (By n Qualified Chemist.) If fourteenpence were lying on the footpath, what would you do? Leave it there or put it in your pocket? Every time vou pay eighteenpence for n bottle of family cough remedy you lose fourteenpence. You tnke it out of vour poclcet instead of leaving it in. That’s a fact thousands of people are proving every day. And you can prove it straight nwav b.V using HEENZO (Hean’s Essence). It makes a pint of the finest family coup'll renTedy you con possibly buy. It means eight eighteen penny bottles for the price of one. In other words, an elghtcenpenny bottle costs less than fourpence. A tremendous and. worth-while money-saving you will admit. Tho mixture thus made in your own home i» good for grandparents and grandi>?iTidren—and all the ages in between. Give them a few drops to a spoofifiiT. according to age. It is . ia< splen-J'd remedy for new coughs or 01d.., Iv quickly relieves the coughs of asthma, bronchitis, influenza, croup, and even whooping cough. Use it as a gargle for sore throats, and relief is instant. It lasts a long time, and never spoils. HEENZO (Henn's Essence) is sold bv chemists and grocers, or post free promptly. on receipt of prjee, 2s. fid., from Hnaii’s Pharmacy. Wanganui. Don't accept a “just as good.” but insist on H-E-E-N-Z-O, the original and genuine. —Advt.

as follow:— Buyers. £ s. d. Sellers. £ a. d. Inscribed Stock. si n o Inscribed Stock, 1938 ... 80 10 o Inscribed Stock. 1933 89 t 0 0 P.O. Bond., 1927 87 10 0 P.O. Inscribed Stock. 1927 87 10 0 Bank New South 11 ales 31 0 0 Bank New Zealand 2 4 3 2 5 0 11 5 0 Abraham and Williams 5 2 6 Eouitable Building Co.... — 19 10 0 N.Z. and River Plate ... — \ 0 17 9 Well. Trust, and Loan ... ‘ 5 17 6 National Insurance 2 13 9 2 15 6 New Zealand Insurance 14 6 — N.Z. Refrigerating (10s.) 0 15 0 1 9 6 112 0 Huddart-Parker (ord.) ... 2 1.0 •220 Kaiapoi Woollen (ord.)... — 1 7 0 Kaiapoi Woollen (pref.) 1 5 u Well. Woollen (pref.) ... — 8 5 0 Westport Coal Waipa Coal 0 14 6 17 3 0 16 0 Leviand-O'Brien Timber 110 0 , 1 12 6 Ta'ringamutu Totara 16 0 18 0 Sharland and Co ■■■;■ — Z 1 3 0 Wairarapa Farmers (£o) •—- 6 2 0 Wairorapa Farmers’ (pref.) •• 0 18 0