WHEAT AND OATS.

Press, Volume LXVII, Issue 20257, 8 June 1931, Page 12

WHEAT AND OATS.

PROGRESS THRESHINGS. IMPROVED WHEAT YIELDS. The results of threshing , operations carried out during the period JanuaryApril, have been ascertained, by the Government Statistician from returns received up to May 19th. The figures show that 5,326,020 bushels of wheat and 1,921,248 bushels of oats have been threshed from harvested areas of these crops, the ascertained average yields per acre being 31.67 bushels for wheat and 42.17 bushels for oats. A table' is appended, showing for each land district the • quantities of wheat and oats threshed, and the'average yield per acre in each case: Wheat". Average Total ■ Yield Threshed, per Acre. • ; Bus. ■ Bus. Gisborno .. SB2 51.88 liawke's Bay 16,914 24.80 Taranaki .. 1,335 39.26 Wellington .. 101,200 44.48 Nelson . • 37,864 30.91 Marlborough .. 136,462 31.99 Canterbury .. 4,352,114 31.13 Otago .. 658,175 34.63 Southland .. 21,074 , 23.68 Totals ~. . 5,326,020 - 31.07 , Of the above totals 3,825,243 bushels were Tuscan, 970,365, bushels Hunters, and 239,400 bushels Pearl or : Velvet. The seconds" (included in the total) were 291,042 bushels. ■ ■ Oats. Average Total Yield . Threshed, per Acre. Bus. Bus. Gisborno .. <" 300 . 42.86 Hawke's Bay 8,339 32.07 Wellington .. 45,084 44.35 Nelson ... 8,524 35.44 Marlborough ..' 30,420 39.61 Canterbury .. 992,199 36.77 Otago .. . 515,721 '50.42/ Southland .. 313,755 53.31 Totals ~' 1,921,248 42.17

Of the totals 1,248,743 busliuls were white oats, 210,189 bushels, Buns, 53,208 black, arid 409,108 Algerians.

• The "returns arc being well maintained, ibe average of 31.67 bushels of ~ wheat to the acre comparing with 31.20 busliels as at April 20tli. It is apparent that the final returns will be in excess of tho official cstimato early in the season, which set down the prospects at slightly over 27 bushels to the acre, or a total crop of 6h million bushels. Should tho average yield be maintained at the presont level—which, however, can scarcely bo expected for tho total acreage—it would mean a total crop of 7,700,000 bushels. North Island criticism is frequently levelled; at the failure ■ of . wheat-growers to respond to the, protection .afforded thorn; and instance the present year's early cstimato of tie crop (Cj 'mijiiou bushels) in support of tfic contention. Should the yield for the year finish up on tho present promise—or a crop of about 7i millionbushels—there will be sufficient wheat —with the carry-over from last season of three-quarters of a million bushels and a similar quantity imported in | yvheat and flour each .year-i—to incot all | necessities. "The corresponding figures | last season wore 5,981,843 bushels and i tho averago" yield' 31.14 bushel s. The, oats • yield per aero of 42.17 bushel a compares with 46.74 bushels at tho corresponding. period j in 1930, and the total- weight bushels as against, 2,354,147.

COMPANY DIVIDEND.

NATIONAL MORTGAGE AND AGEftCY CO.

(UNITED • MESS ASSOITATIjOS- liV W.Kr.TMO - •nsusGKWH—cop rata ht.) I . ' ' ■ . ' LONDON, Juno 5. 1'... l'ho National. Mortgage and Agency Company of New Zealand, Ltd., has I declared an interim dividend of five I per cent., tax free. ' ON THE TURN. BUSINESS CONDITIONS. The current issuo of tho "Auckland Chamber of Commerce Journal" has the following comment upon trade prospects:— "in the analysis of New Zealand busine& conditions that appeared in our April issue tve stated that indications were tor recovery. Tli.s view has been strengthened byihe announce-ment-last; month of a further fall-.m* 1 the discount rate of tho Bank of Eng--1 land. Low bank rates, if persisted in, always result hi a riso in ticularly the prices of raw materials and foodstuffs, in.. which classes fallpractically all of New Zealand's 6taplo cspoi-ts. , i Ali'eady. for; some time the :bank,rate bad been low, and thus early the curve for, Now Zealand's export prices' proclaims a check in the fall that had been' so marked during 1980. It is. safe, to:predict a marked .upward movement before the end of; 1931." * The*above comments are,'supported in the journal by a'series. of charts.' '

COMPANIES REGISTERED.

• -The registrations /of new ■ com-' psnles a?e 'notified' in the current issuo- of the "Mercantile Gazette":— •• Plaza Theatre (Christchurch), .Ltd.—Regis tercd- BS'a private company, May 2Gth, 1981 Office: 48-50 ;Cuba street. 'Wellington. Oapi-. tfl!:" £IOOO, Into 1000 shares of £1 each. .Subscribers:, Wellington—Williamsons Films "(JT.Z,), T.td.', .998,' P. Benumont • Smith 1,• J. . provincial district of / Canterbury the buslines?? of • proprietpirs; and conductors of ; cine,matpgraphai)d jnovinK picture /and genera) .incidental. ... ' 1 -Wright ((J:)," Inglis, Ltd.—Registered as a •private company, May 26th, 1931, Ofltco: Commercial Travellers' Olub Building, Customhouse, quay, Wellington. Capital: £4OOO, into-4000 shares of £1 each. Subscribers: Wellington—A. D. Paisley. ' 2550, P. JI. Clarke 650, J. I. Wright 800. Objects.: To carry Pn business of advertising agents and general incidental.

DUNLOP RUBBER COMPANY. DECREASE IN PROFITS. . A decrease in profits amounting to over £1,000,000 and the r passing of tlie final ordinary dividend are announced by the Dunlop .Eubbor Company • (Groat Britain). . With *a capital of over £12,000,000 tho •Dunlop Hubber Company has interests in almost every country in the world, and Its ramifications extend from Argentina to Denmark, from China to America. Thus, it bai felt severely the world-wide economic depression. Net profits havo i fallen from £1,576,585 for 1029 to £541,424 for 1930, and the passing of the final ordinary dividend leaves tho distribution for the year at 6 per cent., against 15 jci- coat, for the •previous year.