AUCTIONS. 11. MATSON AND CO iI'XPKraSNCK EXCHANGE. i Lave a soTcrcign; you have a sovereign. Wo each have a sovereign. I Rive you. a sovereign; you give mo a sovereign. We <ac|j still have only one sovereign. Kl7T—l have ivn idea; you have an idea. I Ml vou mv «dea, you teli me your'idea. Wc- ckch then h avc two ideas. Both rlrnblcd our capital.—Therefor© this column: ryuv ECONOMIC POSITION OF THE FARMER. Farming in common with mans' other indu*trYcs*in In-? Colonics is suffering from a pi riod of depression at tho present time, ;nd when wa consider the very important played by the {armor in the economic of this country, it is easy to realise ♦he effect that it had "on the country when tie farmer (ails to make his business pay. an two factors which mainly control success or failure of tho farmer. They »;«> the cost of production and the market va iuu of farm products. LAND OWNERS who have properties for sale. Send your particulars to if. MATSON and CO. If business in possible one never knows when a buyer may appear on the skyline. C.oflt or Production.—Thia aspect of the subject has an important bearing on the bi*cceH9 of any business. Many people are apt to rely on high prices lor their products to make their business a paying proposition, and give very little thought to the cose of production, Tho law of supply and demand will nearly always a3sert itself, and the cheaper an article can be produced the greater will be the demand, whereas high price 3 nearly always restiict the demand. When any commodity is selling at hign trices the tendency is to increase production, with the result that after a time the demand is restricted owinr? to high prices, end that particular commodity very often Lfcomrs a gin* on the market. Tho capita] \alue of land, cost of machinery, distance from market, rail freights, labour, taxes, and the cost of artificial manures are some of the main aspects of tho cost of production. The selling value of land has risen very considerably during the last few vears, Having, no doubt, to high prices for wheat, wool, livestock, and also to the fact that the Government were large buyers of land for repatriation purposes, and it appears a? though much of the land has been purchased by people who did no* allow fax an average of good and bad seasons and lower prices for their products; farms that ■were so!d at £l4 and £l6 per acre to-day would not bring anything like that price in tho market. With lean seasons and low prices such holdings cannot return anything like interest on capital and working expenses. The cost of machinery is altogether too high when one considers the ,upkeop and the short periods that many implements aro used throughout tho year Rail freight is another factor which influences the cost «>i production.'
The realisation o! stock at central market®. WHEN CONSIGNING YOUR STOCK. REMEMBER ti M.ATSON and CO. Personal supervision and expert halesinanship * assured. Taxation is another item which makes lb** lot of tho fanner still harder. Land 'ta,x assessments are very often based on tho ivigh pncca paid for land, and although the land may not be worth nearly as much to-day from the point of view of production, tier- does not seem to bo much likelihood of the asaesaments being reduced. With the drop in tin? market value of wheat, wool, s*ad sheep, it can be seen that the farmer bail some serious problems to face- Wheat is tho main source of revenue on many farms, and its value is determined by the overseas demand, deponding on the supplies Available from the other wheat-producing countries of the world, because the Colonies' exportable surplus forms only a very small pcrtion of the world's requirements. Far* mere have received good prices for a number of yoars for wheat, but there seems to be a tendency for wheat values to decline, and it is a question aa to whethet it is advisable to continue as many farmers have done in tho past and work on tfa* fallow-wheat rotation, or adopt a rotation ©f fallow, wheat, and some other crop, or pasture, thereby making more of ft mixed farming proposition. S The situation of the farm has an important bearing on the success of a mixed farm. Rainfall and. distance from stock market* must 06 taken into consideration, and also tho labour available, By adopting tlje three vcar rotation and growing two crops ( fol-k-wing and then fallowing, the farmer wouid get four crops in six years against three under the two-year rotation. The ouestion arises as to what crops could profitably follow wheat There are several which might be tried. Oats do well on stubble ground in normal seasons. They make good hay, and the grain is excellent for fattening stock They are rather a hard crop to hurdle over a largo area, owing to their liability to shake, but by using different varieties, early and late, that danger is minimised. Portion cf tho land could be sown for green feed and grazed, which would do the land good. Oats do not always command a payable price as gram, but bjr seeding off with stock tboy can bn ma*Le to pay, because the second crop car be grown with a great deal less expense than the first cost of seed and super, the sowing being the only expense. Pean do well in certain localities, but appear to be a rißky crop. By feeding oil portion of the second crop more stock cculd be kept. These would be mainly sheep. Fat lambs might be taken into consideration. By breeding the right class they would pay. Cows could &Ibo be kept, and would dispose of part of the second crop profitably. Pigs naturally go with dairying. and a ceitain number should be kept according to the milk available/ Poultry wight also bo considered, but a larger and better quality egg should be produced that ■will command a better price than the ordinary farm egg is needed to make it pay. DIPPING OF SHEEP. If you want to be assured of a reliable dip, send your order to H. MATSON and CO., for any well-known dip Personally we stock NESS DIP. which has got a wonderful record, both as non-poisonous for lambs, and the powder dip for adult sheep. ABOUT DRIVING S.HEEP. When driving a mob of sheep endeavour to let them dtaw alon~ themselves without twisting and turning the leaders too often, thereby causing them to travel a mum gzester distance than necessary. If you havo any weak ones in the mob, keep the ciogs away fiom them or they will very soon become sulky and bail up, and endeavour to prevent the leaders travelling too fast for tho tail. It is surprising how far v. eak sheep will travel if they are nursed along in this fashion, but if any attempt is made to force the mob tho stronger ones scon leave the weaker ones behind, when tho latter lose heart and cause no end of trouble. Try to copserve as much of their energy as possible. In this way the work of the men will be very much easier and tho sheep will be spared unnecessary hardship. M 7474" H. MATSON and CO.
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Press, Volume LXVI, Issue 20088, 18 November 1930, Page 18
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1,227Page 18 Advertisements Column 1 Press, Volume LXVI, Issue 20088, 18 November 1930, Page 18
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