THE WHEAT MARKET.

Taranaki Daily News, Volume L, Issue 60, 6 July 1907, Page 2

THE WHEAT MARKET.

Ie _, S " Received Oth, 12.40 a.m. ; 3 Sydney, July 5. On the strength of the London market ' advances, and owing to ,Hic fact that ■ 3s 7d was paid for a South Australian cargo now loading, wheat has made a further smart advance. Holders dc'mauds 4s I'/.d, and refused to accept ; s Id. 1 City millers have advanced the price * flour to £9 10s. ill —T— . '"■ EW ZEALAND FARMERS' UNION. ts • :1 - RESOLUTIONS SUBMITTED TO THE PREMIER. 10 Per Press Association. J (1 Wellington, July 5. j t The resolutions passed by the National „' Conference of the New Zealand Farmevs' j' Union were submitted to the Premer , ' by a deputation to-day from the Union. |n ; In reply, Sir Joseph Ward expressed ~„ his desire to do all in his power to re- '." move anomalies which might bo detrimental to the interests of the farming j.' community. He attached very great importance to the Suez Canal proposals submitted to the Imperial Conference, of which the Union haiL approved. He believed that the proposal to give a larger contribution to the navy and not allow the tie to be weakened would be ■' endorsed by the people as a whole. In |.- o a few days tliey would see the Govern- , ment's proposals with regard to the j e navy. The native land proposals, which ; vvou'd be submitted this session, would, he believed, mark the beginning of very lg prosperous limes for the country gener}'j ally. He was persuaded that preferential treatment between this country ami , s the Old Land was good 'for both. "With , , ( 'l regard to the accretion of value in the j | ( l valuation of laud owing to improvements 3 , made by the owner, it hud" always been the rase that the more the value of j_ land was appreciated by such improveltl moiiis, the more keenly the taxation on ' <, the properly was felt. The difficulty j.. was to put, the thing in the four corner's )f of law and provide sufficient latitude for ■ t . the officers of the Department to discri- " minute. He recognised the inconvenl- ' ~ ence caused by the lack of trucks on the j railways, and hoped to submit projiosals which would result in a Inrgely increased I supply, but, he would Take to warn users ' n against asking Die Department to make [C storage houses of the railways after lr the goods hnil reached their destination. f An indiscriminate importation of people d from the Old Country would prove disasj. trous. and he thought tliev should con- , ;_ tinue the system of allowing the High j ( Commissioner lo carefully select immigrants.