The Wairarapa Daily. THURSDAY, JULY 20, 1882. THE GOOD TIME COMING.

Wairarapa Daily Times, Volume 4, Issue 1130, 20 July 1882, Page 2

The Wairarapa Daily. THURSDAY, JULY 20, 1882. THE GOOD TIME COMING.

Mr Gr. D. Greenwood has given in the New Zealand Country Journal, an estimate of the increased values which, the frozen meat traffic maybe expected to give to land and stock. This question is of such vital to this district, that we giye below in his own words the calculations which he has made, believing them 'to ho fairly reliable. Satisfactory, he says, as the result of the Dimedin's cargo of frozen meat has proved to the pioneers' who so pluckily risked their money in this first venture, the sequel, I am convinced, will be of far more importance to the Colony than is at present supposed; I It is useless for me to go over th,e old; and well-worn ground of suitable con-' ditions in this country for producing the best quality of mutton and beef, tliisfact is indisputable.' What I propose to do is, from the data we have, to point out by statistics the immense importance, source of wealth, and general advantage, the frozen meat trade—if worked judiciously and on an equitable basis—will be to the country. In the hope that by so doing, I m&f rouse the flagging energy of Canter/ bury to take her place" in this business, The total'number of sheep in New Zealand at present are a little over 13,000,000, of which, probably, about 3,000,000, are cross-breds and longwools, The average price realized by the shipment was close upon' 3d. per pound net, dead weight in the Colony, Taking the present price of mutton at from a 1-fd. to 2d, a pound, ■ the difference gives an advance of I'd. a pound, equal to ss, on a sheep weighing 60 lbs,, and acknowledging/thatstore sheep always increase iu value, in proportion to fat. stock, I think I shall be within the mark by calculating that, as soon as the industry is thoroughly established, the 3,000,000 cross-breds: and long-wool sheep in the country will advance in value at ss, per head, giving an increased value on that number 'of ,£75,000; and, taking the balance as merinos, at an increased -value of 3s.' per head, wehave a result 0f£1,500,000, totalling an increased value on sheep alone of £2,250,000;' add to this the increase on cattle,-the; total will be brought/up to £2,500,000; The 1 increased value of land will be even more astonishing: take for instance a farm of 500 acres, carrying a flock of 1000 cross-bred sheep, from which are sold annually 300, at aniricrease of 5s per head, giving a net increase; in income of £75 peranium, by capitalising, which) at five percent,, the rate which' very shortly will be the ruling one in New, Zealand, we have an increased Value on the land of £1,500, or £3 an : acre, which, multiplied by the acreage on which the 3,000,000 prosstoedand Jong-wool sheep are- grazing,, gives £i;sdo,oooas its increased value.; .To. shoydhe increased value ofihe land on' which the remaining 10,000,000 mer-

inoes are runniDg: take a flock of 1000, merino sheep, from which are sold" annually 200 at an increased value of ;3s a liea 1,- giving aff;increas|jiHncome of £3O per/annum j^folio wiiig tlie sara? rule of capatalisingand multiplying, wej increased valiie tolithevOQurifcry;£6,000,000, totaling an increased value on giving lancf of £6,500,000. Add.to this the;increased value of stock,, am} we;have 'it- total increased value;, to -the country of .rAU^i

We remind our Masterton readers of the entertainment .to be given in St.Matthews Schoolroom this evening, .

The Foreater'a Jnieet; 'this evening..- ''.''. '•.'!:

Mr Franz Haaelhuhn, provision dealer.ofj Willis-street, WeHington> announces.- the j arrival of new seasons tea. in half'-ohest's and boxes, warranted "direct from China. • We' have pleasure. to .announce the arrival of Gve cases direct from the Duneden Woollen Factory, containing blanket l ), mens' and boys'.clothing, to the order of Rap p and Hare, Emporium. Two; .cases Colonial made men's and boys' boots to tlie; order of Eapp and Hare. Three orates of crockery direct from Home, specially selected for Rapp and .'Hare, Emporium, Masterton,T-fApp,| ■

The revenue derived from tlie different Wairarapa railway stations' for the year ended March 31st last has. just been published. For coaohing Masterton heads the'liat with £3051, Carterton following with £l6ll, Featherstoh £1493, and' Grey town £1127. For goods Carterton leads tho way with, £6157, Masterton amounting to L 2306, Featherston L 1459, and Greytown L 1269. The Wellington Monthly Pripe current reports that tlie Banks!-rates for discount interest and exchange remain at present .at former figures,'which are quoted below, but we have reason to believe that before many days the terms for both lending and borrowing-will be raised, throughout,- ? The': ■character of the banking returns for the last six months or more, both here and in .Australia; has pointed to the probability of: some advance in rates, and possibly recent events in Europe will have hastened the step, but'we trust there will be ho necessity to return to. the high rates of two or three years ago. In the open market there has also been a slightly hardening tendency, and wo do not think that money could.be obtained below 6J- per cent, on, the very best security, Shouldthejlgyptian trouble lead to further complications it would no doubt have an effect upon our indiiey market. _' , •• . The usual fortnightly entertainment at the Carterton Institute was held on Wednesday evening, Mr W. Booth occupying the chair. The hall was very fairly filled, the audience numbering' fully 160, and the programme generally gave satisfaction. Mrs Palmer and her son opened at the.: piano with the Rosalind Valse, the only other instrumental selection of : the evening being a meditation for the piano and, violin which was very effectively rendered by Messrs Wilson and S. Tancred, Among tho visitors beside the last named were Messrs F, Gf, Moore, Bieb, and Stevenson, who especially .in the trios "Forgive Blest' Shade" and " Breathe soft ye Winds,',' the former of which was encored and re-rendered, conduced to no small extent to the success of the meeting. The duet between Messrs F. G. Moore and' Stevenson, '•'l am the King of Spain," was also well executed,, and, won a recall, which was responded to.; The solos so far as tho gentler sex were! concerned fell to the lot', of Mesdames Boo.th and Rutherford, the. former giving a little ballad song;. 1 ' The Kerry Dance," 1 and the lattor "I cannot, sing the old songs." Tho othor encores cf theevon-. ing wore Mr Moore's "Martin the man at Arms," Mr Dellar « The Village Blacksmith," wj)ichrhe followed up with "The Vagabond," Mr Sjevenson "The Anchor's Woighedj" responded tp with 'f Ropked in the Cradle of the De'op." ' Mrßish sail" "In tho Gloamin-' '■' .and Mr Snbdgcas's "Theßlopmispnt|)eUye.." only two readings but both capitally givenY Mr Wilson'' Artemns Ward among the Shakers,", and Mr J3ooth " Arteriias Ward's letter to the Prince of Wales on his marriage."... ■_

A special meeting.of the VVairarapa Hospital Committee was' held' at the Secretary's office, Greytown, yesterday afternoon. Measrs Guff, (Chairman) Wyett, White, Wood, and Nation, being present, The minutes of previous meeting were read and confirmed. Mr and Mrs Brown's appjicajjon for the situation of custodian and matron to the Bpspitnl, was acceptod, Two olocks were ordered for the Hospital. The meeting then adjourned.

The annual meeting of the members of the Wairavapa was held atGreytown on Tuesday evening. Eev. H. V. .Whjtejnjtbe chair. 'Tho Balance' Sheet for 'the past ypr, was read and and adopted, a't Qs l}d. and expenditure 191 19s 6d, leaving a credit bjiljinco of £2llos sd, Mr. J,'P. Russell was elected President, and Mr O, Phillips Vice President. The following Committee were oleetocl, Messrs Baillie; A; Gray, Webster, Wood Pprritfc, Sbeet, Nation, ii. Hollard, Kimberley, arid Loasby. Messrs Stonhouse and Wyett were elected auditors, 'lt'was resolved that the meotings of the coiiirriittee be held on the, third Monday in each "month-; at 7,. 30 p.m. The'secretarj. was awarded a bonus of |3.S> for past services, and. the usual votes: of thanks 'to' past committee and auditors ooplijded the meeting. The now committee met subsequently, when Mr Porritt was elected ohalrman. Accounts amounting to & 6s 6d were passed for payment, and ten cords of firewood were offered by different membersof the committee for the use of. the Institute.

Constables Fleming and Leahy returned yesterday from a long round in the Gladstone neighborhood looking after three deserters from H, M.S. Nelson. The men I had been traced to:Wainuioru a few days previous, but.no doubt hearing that the police were after them they ascertained*, where to retreat to in order to evade capture. A double of this kind in a remote' broken and sparsely populated district would present little; ■difficulty.. ~.....■•' Mr Girdwood has brought into Master-1 ton from the-Blairlogio' hills'BornVneV mjnpralogical specimen's, consisting of a variety of beautiful fossil- shells which were embedded in stone at some remote ap when the North Island'of New Zea-' land was.an ocean bed. ■.;:,., , ' Messrs RE Wood and Go. announce two new sales, The first is of the household furniture ot Mr R, MoKirdy who is leaving Featherston, and fakes place on: Monday next at 11 a.m. sharp.' The v second is on the following day .and consists of the household furniture arid effects' in the estate of Mr E. B. Bell on the premise's -; known; /as...;'the'Wesleyan parsonage"Gteytown,; ~' Fi s ,\ '.. - r^: :: ■The Masterton 'Fire Brigade 'held a capital praotice last evening, twenty members 1 being in 'attendance, and "both engines being turned remember', that yoOiwillbe ablejto buy 1 your Blankets', Sheet&gs, Cburi-" toiTanes,.Quilts, Carpets, Floorcloths, at sale priqfsV '-if Your dbristilt'yotir' own irite'rests", you -will not fail to be'pf-the will throng to the- Sate at Jambs' Surra's, Te Aro House, Wellington.—Ad.