PASTORALISTIC.

Otago Witness, Issue 2894, 1 September 1909, Page 21

PASTORALISTIC.

That very fine property, the Gwavaa Estate, in the Bawke's Bay district, owned by >fr A.. G. S. Carlyon, is the subject of a most interesting illustrated d»sariptive> article Jn the currant number o* the Pastoralists* Review. Several pastoral homes in Australia of fine appearance are aleo done justice to, both pictorially ar.d in letterpress. New Zealandcrs should certainly see that they get this journal. They will thei* realise how attractive a property can gradually become, because really in this Dominion tho natural conditions are much more favourable than they are 'n the bigger continent. There they have been at the game longer. When they do ecore it is through this. . Railway inefficiency in Australia is th<a subject of stringent condemnation by tha Paetoralists' Review." We wonder what th< editor of that journal would think of ou/ control or the lines and traffic in New Zealand? He would simply say thai therct was none ! "How to make £400 a Tear with 80 Acreq in New Zealand" — a successful farmer'^ secret — is disclosed by Mr George F. Cox; in a special article wherein he tells us oB the experience of a tnav in. the Waikata whom he knows. Mr R. E. N. Twopeny contributes moret "Argentina Impressions," while M* Duncan; Careon has much to say of interest about nis.trip "Through South Africa." ( Dairying in both New Zealand and" 'Australia is treated of in detail, and the wool trade is discussed under the heading of "A' Quiet" but Sound Market and Promising; Outkxflr for th« Coming Season."" - - - ' From end to end, in, short, the Pastoraliste' Review is a budget of information,and keen .critical comment and deductions.' Its eubsoriptior is only £1 a year, postage) included, and" remittances can be sent to the following representative agents in New Zealand : —Charles Haines, Wellington ;'• Shirley Harrowell, Auckland ; F. H. Labat^,' Gbristohuroh; Todd and Douglass., Dunedinw

The bank rate of discount is 2£ per! •' «nt. Short loans are discounted at 1 per cent., and three months' bills as follows :—: — liondon, 1£ per cent. ; Paris, U per cent. ; Berlin, 2J. Consols are quoted at £84 ss. The following are the quotations for colonial Government stocks, compared \rith those ruling a week previous: — Aug. 20. Auff. 27. New South Wales 4's . 107 107 New Scith Wale» 3Vs . 9S£ -£* New South Wales 3's .. 88 S8 ■Victorian 4's .... - .104 104 Victorian 3i'a 98 98 Victorian 3's 86i 86| Queensland 4's . . ■ ... 104* 10* i Queensland 3£'s ...... -97k 9? Queensland 3's •• 86fc 86 South Australian 3J's - - 98S 9=3 South Australian 3s ... 84J 84| New Zealand 4's ... . 106* 106J New Zealand 3£'s ... 98i 9&k New Zealand 3 ! s . - . • 87g S7| Tasmanian Us ... .... 99i 99J Tasmanian 3's .. ... 87. 87 West Aus-tra'ian 3i's . 98J m West Australian 3's . .. 88 89 The wheat market is very inactive. Buyers are indisposed to deal owing to the uncertainty regarding the result of the world's harvests. Though the weather bere is unfavourable, this is counter'balanoed by lower American prices and a pressure to sell Russian and Canadian ■wheat.. There Ls little inquiry for cargoes. Australian, afloat, is quoted at 426 to 42s 6d, aad a shipload has been sold at 41s 6d. New crop — December-January shipment, 38s 9d ; per steamar, January-February shipment, 38s 6d. Spot trade is quiet. Australian, 44s to 455. New Zealand — I/ongberry, 42s to 43s j shortberry, 41s 6d to 42s 6d. I " Flour : A dragging trade has been done in Australian flour in London at 325 ; Glasgow, 32s 6d. . The oats market is quiet. Gartons, afloat, are quoted at 20s to 20s 6d; isparrowbißs, iSs 6d to 20s; La Plata, Dearly due, 15s 6d. The butter market is Hardening. Danish, 115s to 117s. No oolondai is offering. Ihe> cheese market is firm at 59s to 60s. The. Bradford Trool market is firm; '40's, 12fd ; 46's, 14|d • commott 60's, 26d; super., 27d; 64'e, 28d; TCugtft^ Wheat; DulT; buyers are -inactive, though holders are willing to accept reductions. Australian wheat afloat is offered &t 41s 9d and 425; new crop, 38s 3d. Linseed oil, 2s 7d. ) Rabbits: Quiet. Best Sydney are retail- j Jag at 14s and 15s; Victorians at 13s 6d. j Hemp: Firm and unchanged. I August 29. 'According to the Standard, South Africa jrill be chipping to Europe between now

I and December 200,000 tons of maize, which 1 is a record. RABBITSKIN SALES. LONDON, August 27. The rabbitskiit sales have opened. There was good competition, practically everything selling at average rates. August 28. There wen» 2362 bundles offered, and j 229<5 were sold. Best advanced id to Id. Other qualities are at full late rates.