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Bay of Plenty Times, Volume XL, Issue 5776, 1 March 1912, Page 8

The Stratford eorrospoii-.lent of the Taranaki Herald writes as follows : ••'A 70-acre farm at Ngaere- has just changed hands at £40 per' acre. By the time the farm is stocked it will absorb a capital of over «U30(.)0, with an interest charge of. say. £150 a year.. Rates prtjl:([a.bly amount to £15. Puzzle, to lind the remuneration for management and labour. Yet practical men are preferring- such conditions to taking up back country at a ijuarter the price. Shop rents are advancing almost as rapidly as farm rents."

The harvest outlook in Olago and Southland is at present depressing, causing much anxiety to farmers. Crops all over, including' ryegrasb and other seeds, proinise-d to be the heaviest for Jive years, but the continuous broken weather is changing- the aspect. The harvest will be late, and much of the crop, even if the weather takes up, will be seriously deprecated in value. Seeds that have already reached the seahoard show signs of the weather, and in many cases show that as much as 25 per cent, has to be shot out in store to bo burnt.