FARMING & COMMERCIAL

Dominion, Volume 15, Issue 49, 21 November 1921, Page 8

FARMING & COMMERCIAL

NEWS AND NOTES

AUCTION SALES FOPTMCOMINQ FIXTURSS. TO-DAT 157 Lambton Quay, Wellington. 12 noon. Property eale (Johnston and Co.). Sliabflon, 1 p.m.—Stock sale. TO-MORROW. 157 Lambtoll Quay, 10.30 a.m—Sale unclaimed goods (Johnston and Co.). 157 LatSbton Quay, 10.45 a m—Sate wallpapers (Johnston and Co.!. Martinborough Sale Yards, 1 p.m.—Cattle, fair (Dalgety and Co.). WEDNESDAY. 27 Riverbank, Lower Hutt, 11.30 a.m.—Sole carrying plant (Price and Co.). A “FIELEr DAT” WHEAT EXPERIMENTS VALUE OF NAURU PRODUCTS From Our Own Correspondent. Masterton, November 19. Between fifty and sixty farmers attended a “field day” held on Mr. C. Jansen's farm at East Tanatahi under the auspices of the Wairarapa Experiments Committee and the Agricultural Department. Mr. D. Smith, vice-presi-dent of the committee, and Mr. D. Hibenten, local secretary of the Farmers* Union, were responsible for the organisation of the outing, and that their work was appreciated was apparent from the interest displayed and the number of questions asked both during and- at the conclusion of the inspection of the plots. Messrs. F. W. Greenwood and J. M. Smith represented the Department. The experiment, whidh is located on second-class land typical of the Taratahi Plains, has the object of ascertaining the relative values of Nauru products on eolid-straw Tuscan wheat. Mr. Greenwood explained that the more important results would not be apparent, of course, until the crop from each plot was thrashed, and the yields computed; but it was possible to observe the effects of the various manures on the growth of the crop. Some of the manures were slower-acting than others. The carbonate of limo had hardly had time to show any results, while it was only to be expected that ground rock phosphate would not act as quickly as superphosphate. The action of lime on superphosphate was to convert it into ihe slower-acting basic phosphate.' . The ultimate result from plot No. 8. which had been thus treated, would, therefore, be little better than if only Nauru rock phosphate had been used; there might be a little more lime present. Through an oversight the seed had not been pickled,’’.but he hoped it would not take the “smut.” The wheat had been sown on September 5 at the rate of two bushels to the acre. The party then proceeded to inspect the plots, Mr. Greenwood’s comments being given below. Plot No. 1, 1 acre (control).—Only fair growth, patchy in places, but no indication as to ultimate yield. No 2, 1 acre (IJ-cwt. Nauru ground rock).—Darker and much higher than No. 1, but growth not as rapid as No. 3. No. 3, 1 acre (llcwt. Nauru superphosphate).—Growth very fair and colour somewhat darke-d than No. 2. No 4-, 1 acre (lewt. Nauru ground rock and ’ lewt- Nauru superphosphate).— Growth both dark and well-advanced. This plot and No. 8 were probably the best in the experiment. „ , . . No 5 1 acre (control). —Good colour but growth not the'same as the manurVl plots. Colour lighter than No 6. No. 6, A acre (lime control).—Darker than No. 5. , No 7 1 acre (llcwt. Nauru ground rock’and'Time).—Marked difference, noticeable between plots manured ’"’l th lime only growth Tieing much better. No. 8 1 acre (IJcwt. Nauru superphosphate, and lira el.—Growth exceptionally dark and good. This plot and No. ■1 the best in tte experiment. No. 9, 1 acre, (lime control,.—Growth very poor in lower end of plot, the soil being sour owing to presence of an ironstone pan. The wheat looks much better at the top end of the plot, which, taken as a whole, however, is the most backward in the experiment. The lime has probably not yet had a chance to W Mt’ D. Smith thanked those present for their attendance and stresses the good accruing from Mr. Greenwood s lectures. The -country needed to produce more, and the only way to accomplish this was to take note of agricultural exPe o“behalf of Mr. F. Wood, Mr Greenwood said that the tendency in the Wairarapa was to sow winter wheat far too late. Hunter wheat sown late became soft and was classed as a Tuscan by ” About a dozen of the party then adjourned to .Mr. D. Smiths place “J I ower Manaia. Here two plots of 3 a acres and 3J acres of river silt had been manured respectively with Ijcwt Nauru superphosphate, and IJcwt. ot Nau™ ground rock. No lime was used 7n either of the plots. Victor wheat was sown early in July. It was observed that as at Mr. Jansens place, the crop treated with superphosphate had SO far made the most rapid growth. The ultimate result, said Mr. Gj-riwfmd mitrlit be better from the ground iocK wldch had not had time to take effect. frozen meat LONDON ’ QUOTATION S. (Rec. November 20, 5.5 p.m.) London, November 19. Quotations for frozen meat are as follow-.— Sheep. New Zealand ewes, 4Jd. per lb. Australian, first quality, ■Ud., second 4!d.; ewes, none offering. . South American ewes, none offerin,,. Patagonian, light, 4Jd.; ewes, 31d. Lambs. Canterbury, light Bid„ medium 7Jd„ heaw 7Jd.; seconds, ijd. Southland, 7£d. North Island, selected 7Jd., ordinary 7Jd. . , , Australian, best Gid., fair 6Jd. South American, light Gd„ heavy sd. Frozen Beef. New Zealand, new fores 4d„ hinds s|d., old fores 3jd„ hinds 5-»d. Australian, new hinds 5Jd., old crops 55<7., hinds sJtl. Uruguay, fores 4d. —Aus.-N.Z, Cable Assn. SMITHFIELD QUOTATIONS. By Telegraph—Special Correspondent. Palmerston North, November 19. Messrs. M. A. Elliott, LUI. (Palmerston North) have received cable advice from Messrs. Gilbert, Anderson and Co., London, that the following were the Smithfield market prices lor the week ending November 19: — Canterbury lamb, under 361 b., Bd. per lb.; 361 b. to 421 b., 7Jd.; 421 b. to 50lb„ 7d. Bost North Island lamb, under 361 b., 7’d.; ordinary North Island, lamb, under 3Glb„ 7£d. Canterbury wethers anil maiden ewes, 481 b. to 561 b., sjd.; 641 b. to 721 b., 4Jd. Best North Island wethers and maiden owes: 561 b. io 641 b., s|d.; ordinary Ndrth Ts’and wethers and maiden ewes, 561 b. to TT - ., 5J<l.; NortTUTsland owes, 481 b. io 641 b?, 41d. New Zealand prime beef. equal fores and binds, 1601 b. to 2201 b., 4-Jd. The mutton, lamb, and beef market is in a very critical condition. The prices quoted above are on *hie delivered basis.

FARMERS’ UNION THE MANAWATU BRANCH PRICE OF PORK AND BACON By Telegraph—Special Correspondent. Palmerston North, November 20. The Manawatu sub-provincial executive of the New Zealand Farmers’ Union met yesterday, Mr. A. Buchanan presiding. A remit, suggesting that the Board of Trade bo urged to immediately set up a commission of inquiry to inquire into Hie price paid to farmers for pork, and the wholesale price for bacon, received short shrift. In tabling the remit, Mr. N. Campbell (Kauwha.ta) said that while a drop in the price of pigs was reflected in the price of pork, bacon still remained at a high figure. What fanners wanted was to get the selling price regulated by the Government. The chairman: It can’t bo done. We havo had too much of that, Mr. Campbell. The Board of Trade should inquire into the matter. The chairman of the Board of Trade is doing more harm than good. It was decided io take no action in the matter. The Minister of Agriculture wrote as follows: "The establishment -of a short course of special instruction for farmers at the Central Development Farm, Weraroa, fs already in contemplation, and it is intended next winter to do what is possible in this direction with the limited number of specially-trained officers at present available on the Department's staff, who are already carrying out a large volume of instructional work.” The Minister also advised that on account of the financial stringency he could not recommend the appointment of an agricultural instructor for the districts. It was reported that attempts to resuscitate the Te Horo and Ashhurst branches had failed. The financial statement disclosed a Balance of .£ll4 18s. A resolution was passed for transmission to the Provincial Executive, calling on the Government to take a referendum on the question of the abolition of preference to unionists. A motion opposing the proposed producers’ shipping line "because of the inequity of the taxation as compared with the proposed ownership” was shelved till next meeting, after being briefly discussed. The next meeting will be held at Levin on December 10. THE POVERTY B'i’V BRANCH. Rr Tsleffraoh.—Pross .’to oeiation. Gisborne, November 19. At a meeting of the Poverty Bay branch of the New Zealand Farmers’ Union to-day it was decided to ask the Prime Minister to use his endeavours to lower the bank rate to something approaching that in England, which is five per cent. ft was resolved to support the sending of n. competent man to England to represent the producers in conjunction with Mr. Lees, nnd to nominate cither Mr. McLeod (Napier) or Mr. Hunt (Christchurch). Uniform grading was mentioned, and it was decided to urge the Government to appoint a grader at each freezing works in each Island. THE FREEZERS’ DISPUTE NEW AWARD EXPECTED THIS WEEK. By Telegraph —Freis Association. Gisborne, November 19. At a meeting of the Poverty Bay branch of the Farmers' Union the following telegram was received from the Dominion secretary of tte Farmers’ Union: —"Anticipate freezing workers’ award early next week. In the event of the men not accepting work on the opening dates, get into touch with the companies, who will make arrangements io supply men.” It was decided that if the men refused to start at the award rates the companies should be urged to employ other labour at award rates. — WAIRARAPA P. & A. SOCIETY COMMITTEE MEETING. From Our Own Correspondent. Carterton, November 19. A meeting of the General Committee of t'he Wairarapa and East Coast P. and A. Society was held to-day. Mr. G. E. Allen (president) being in the chair. The treasurer reported the bank overdraft at .£824 7s. 10d.; deposit at call, .^<100; mortgage, rent, street property, .£1500; total, .£3324 7s. lOd. Receipts since last meeting were reported at .£1045 Bs. 6d. Accounts (principally in connection with' the recent show), amounting to -Cl2-1-6 9s. 10d., were passed for payment. A comparative statement or estimated receipts .and expenditure for the year ending March 31, 1922, was presented to the meeting, showing a loss of .£24 19s. 9d. on the year’s working. The committee considered the result satisfactory in view of all circumstances, but the opinion was expressed i'hat there was room for improvement in (he membership. which bad not materially increased during the year. The Carterton Caledonian Society was granted the use of the showgrounds for sports meetings on the usual conditions. A letter from the Department of Agriculture in respect to tho formation of boys’ and girls’ agricultural clubs, was held over for consideration at the next meeting. Seven new members were elected, and six resignations were accepted. Notice of motion was, given, the object of w'hiclt was to increase tile number eligible for the General Committee, for the purpose of extending the area covered. It was reported that special prizes of gold medals had been promised for next rear, to be awarded to , the stockmen bringing their exhibits to the show in tho best condition. COMMERCIAL ITEMS INVESTMENT SHARES. A sale of 5J per cent. Inscribed Stock (1930) at £92 10s was reported on Saturday and a sale of National Bank shares at £5 14s. wn» made on ’Change. The quotations were ns follow:—

CUSTOMS REVENUE. Customs revenue collected at (he port of Wellington on Saturday totalled £1245 2s. sd. WEST AUSTRALIAN WAN. Australian-New Zealand Cable Association. London, November 18. The underwriters will receive 68 per cent, of the West Australian loan. LONDON MARKET REPORTS. Australian-New Zealand Cable Association. (Rec. November 20, 5.5 p.m.) London, November 19. Cotton.— Liverpool quotation for American middling upland cotton. December delivery, 9.97 d. per lb. Jute— ?,’ative first marks, NovemberDecember shipment. £26 per ton. New Zealand Hemp.—November shipment. £37 per ton. „ Copra—Market depressed. South Sea bagged. November-January shipment. £24 10s. “per ton. Rubber.—Fine hard Para. 144 d. per lb.: plantation first latex crepe. 10jd.; smoked ribbed sheet. 10’fl Linseed 0i1.—£25 10s. per ton. equal to 2s Old. gallon. Turpentine 68s- '9<l. cwt., equal to ss. 3d. per galon. MINING NEWS WELLINGTON SHARE MARKET. The following quotation was recorded in tho mining market on Saturday:— Buyers. Sellers. ■ £ s. d. £ a. d. Grand Junction 0 8 2 —

Buyers. £> b. d. Sellers. £ fi. d. 4J p.c. Insc. Stock, 1939... 4i Inscribed Stock, 1938... — 35 10 0 — S5 15 0 5J- p.c. War Bonds. 1930 — 90 10 0 5? p.c. War Bonds, 1933 ... 92 2 6 — 5 p.c. P.O. Bonds. 1927 ... 91 0 0 —- 5i p.c. Inscribed, 1930 ... — 93 0 0 National Bank 5 13 0 — Bank New South Wales — 35 15 0 Bank New Zealand 2 8 6 — Union Bank Union Bank (new), (.£2 11 12 6 12 0 0 4 7 6 Equitable Buildins 7 G 0 N Z. and Biver Plate ... 0 17 3 — N.Z. Refrigerating (£1) 1 9 0 — N.'Z Refrigerating (10s) — 0 15 9 Gear Meat r: — 1 11 0 Moat Export (£3 12s. 6d.) — 3 3 0 jluddart-Parker (ord.) ... 2 2 9 2 3 9 Ka.ia.poi Woollen (pref.)... — 1 3 6 Well. Woollen (ord.) — 8 2 b Westport Goal — 1 7 b — 0 14 0 Leyland-O’Brien 1 10 0 Dental and Medical — 1 7 0 Glaxo Debentures — 87 10 0 N.Z. Paper Mills —- 1 3 0 Sharland and Co 0 19 3 — Wairarapa Farmers (£5) Wairarapa Farmers 0 15 5 0 0 6 0' 16 3 1 1 Wilson’s Cement. 0 14 9 — National Electric N’. Z. b’a r in er b’ Co-op. 1 4 9 1 6 6 Bonds — 9T 10 0