DAIRY LAND VALUES.
CIB OABOLD BEAUCHAMP'S S IB VIEWS. jdVA SCES 0S LANI). & H>l Jv ew Zealand, and deputytbts'* k °. fbo Australian Mutual in intemew PW« ieE ..respondent, maae some marisen over .he reBelcher, of the Empire vjiibiti® jy r Edward Al.cn, d tie Cambridge, Auckland, in ]an4 vain® 1 a va i uo of e-v reg«i lands. Sir Harold Zealand Apparently the remark isii T tfr Alien most strongly w **£*« the statement of ■'A fflt dairying land capable i &:beW 10 one cow to two acres, ItfttWW'l.valued at more than ' &><s tn f " gi nc e that statement there was held a land valuers, whose opinsubject might be regarded ie" o .» nt ive. and whose bias, if fi tfi, not likely to be in Hion of depressing valuations, when considering the Mm of first-class dairy land carryto two acres fully equips?»aafay fa™, considered that H £SO an acre was a fair valul"£ understood that in arriving tLn the basis .of their K2 ib annual yield per cow of B bntter-fat. Mr Allen would Srith him that the average outflows milked for factory pur--to-day in-New Zealand was fe, Wee 2401b, but that 1751b to Ruia be nearer the mark Where yield than the average was i# obtained, there were various St which conduced to that result. „ of greater productive capacity, BUre of higher value the procrops for autumn and winter firith consequent greater working Sei'(he skill and knowledge and Kef the farmer and his family were these causes. It had too often &rt been the practice to regard gilt of all theße factors as if ited been produced bjr the land, [ferine tie land accordingly. The - - - ' Ud not give enable him I urn or his ested in . his ue provision er risks atof valuable for fluctuaable. Sir high prices during' the ,bled proper 11 these facthat many security to d restricted to obtain svelopments a standstill iverted elsecontinued: money for ;es is not so inie recent >e wondered tymore opthan there local bodies, Government during and iriods,, and , m the stock' jportunities <f and con- ( sal to many' raduals who y for mortithstahding 1' money have good ement that iness world l lands will ration. Aduite freely . in ( lands." creased ad; ve been ar;onthß were, fc the same )• owner of, loan to the if what Was. ars ago as lely to meet ly were unand rightly h were unmany sales three- years ; he thought causes of 33 was. sugllen in his so many . land ■ for tably, who . That, he or much of values. So mtent with which their tiding, and .referred to rate of iner upon his itrasted the int. in New ire the two i bank rate which the .scount bills a currency iths. Those laracter.that ie could be The banker ragagements which they ay they fell son between i' overdraft and farmer, iat such adibtain from ined to-day, Jr rate than a as ho was ovorlooked SB, when the i 6 to 7 per re-charging he added, e rural bank tate instituthe Tate of Jon farmers' e rate which .rged by the ■nd. that inNew South "Kg 5 J ."per o no incomemuch more J fid. than has [EESE. ,C° Bre in rc . n.vr. Wed del February 16th, 200s
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Press, Volume LIX, Issue 17692, 19 February 1923, Page 11
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541DAIRY LAND VALUES. Press, Volume LIX, Issue 17692, 19 February 1923, Page 11
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