FARM AND DAIRY.
• NEWfe AND NOTES. Meadowvale la Cource, Mr. E. 0. Sullivar's pedigree Jersey heifer that was sold at the Jersey breeders’ recent Hawera sale to Mr. Ml G. Maxwell, of Rahotu, for 200 guineas, is dead. This heifer was a grand-daughter of Sultan s Daisy, and had Noble of Oakland blood on both sides. It-appears that she developed pneumonia followed by peritonitis which ended fatally. Her death will be a great loss to Mr. Maxwell and to the Jersey breed generally.—Hawera Star.
Producers generally are awaiting with interest the announcement of some details of the farmers’ shipping scheme, formation of which is understood to be on hand. Strict secrecy is being observed, and it is not likely that anything will be done until the Premier returns" to New Zealand. The general impression is that a large fleet will be proposed, involving a large sum of money. It is said that it is likely that the State will have an interest in the line.
It would seem that Chili offers a <>ooil market for New Zealand butter, according to Mr. E. Clarke, an old Invercargill bov, who lias returned on extended leave after Iff years spent in an important position under one of the greatest farm companies in South America (states the Invercargill correspondent of the Otago Daily Times). During the winter, he says, the people mostly turn their cattle loose with the sheep in Chili, and they depend on Danish butter, which sells in tins at 5s per ,Ib. Thin is a very inferior article, and Mr. Clarke says that New Zealand powdered butter is of very much better quality. In his mind there is little doubt that if it was pus on the Chili market it would rapidly displace tile Danish product. The way in which the New Zealand Co-operative Dairy Company evaded the payments rtf ’ excess profits tax was described by Mr. A. J. Sinclair in the course of his address at the dairy meeting in Morrinsville on Friday evening. The Government propsed to levy a tax of 8s Od in tjie £ on excess profits. The company was prevented, by the provisions of the Act, from putting 15 or 20 per cent to reserve and a like sum to depreciation, as it had been doing. It was decided to pay out every penny to its suppliers, issuing shares instead of money for a proportion of the amount, Ind with the money thus obtained carrv out the development work if, had in hand. Tn this way the Government got nothing, and the supplier, when he gave up dairying, received full value for the shares allotted to him.— Morrinsville Star.
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Taranaki Daily News, 10 September 1921, Page 8
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442FARM AND DAIRY. Taranaki Daily News, 10 September 1921, Page 8
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