GREYTQWN FRUITGROWING COMPANY.

Dominion, Volume 1, Issue 228, 19 June 1908, Page 3

GREYTQWN FRUITGROWING COMPANY.

FINANCES ARRANGED. v - ■ :'y'' OPERATIONS TO BEGIN. The first' report of the Greytown Fruitgrowing Company, to bo presented at a statutory meeting on Wednesday next (says-our Wairarapa correspondent), states that the subscribed capital of the company'is 5020 shares, of .'£l oach. _ Out of the £10,000 of nominal.capital .it is the intention of the directors to placo the balance of the capital now unsubscribod, on tho market from time to time as occasion arises. For present requirements the directors-consider the amount of capital now subscribed sufficient. As soon as the company was registered tho directors complote'd tho purchase of 518 acres. on Moroa at £7 10s. an aero. This was financed by obtaining from the Bank of New Zealand anadvancp, with a limit of £5000, secured by a mortgngo of the property and of tho uncalled' capital, and by a guarantee of the directors, at a reasonably loiv rate of interest. ; . ' The directors havo decided to plant 50 acres this year, and let tlie balanuo of tho land at 9s. -per acre, with a right to resume any portions required for planting. The rent pays the interest, on purchase, money .of the land. The 50 acres to be planted have been fenced and. , rabbit-netted. They are now being ploughed preparatory to planting. Some difficulty was experienced in getting the ploughing tendered for, ■' but this was overcome largely-by the generosity of Messrs. W. C., Buchanan and C. J. Jury, who lent horses suitablo for -the work. The directors have arranged to plant the 50 acres in appleshalf Jonathan and half sturmer pippin—and havo obtained from a Hastings nursery tho nbcessary trees. These trees will be properly fumigated before planting. , The directors havo secured the services of Mr.. D. S. M'Leod, of Hastings, who'will plant the trees and periodically visit tho orchard for tho purposes of pruning and other necessary treatment. The directors ' themselves will supervise the working of tho ground. PARORANGI ESTATE, ITS PURCHASE URGED, PREMIER TO BE'INTERVIEWED. A representative deputation is to meet the' .Premier) on the Feilding Station to-day (says our correspondent), to urgo tho'Government to reconsider its decision not to acquire Mr. Short's Parorangi 'Estate (Waituna), for closer settlement. : As an inducement' to the Government to reconsider, the question, tho fact will no ■ doubt" bb quoted that at the; meeting of directors held at the Rowa Dairy Company on Wednesday, tho following resolution was carried"That owing to lack of support tho Company .is reluctantly compelled to_ cease operations,:and steps be taken to realise tho asserts of the Company.", It ;is the intention of the directors to, offer th eSandon Block Creamery to the suppliers, who, if they take .it over, will, cart tho cream to Ohingaiti,: and ._ then rail.it. The Waituna Creamery will be offered to the Cheltenham Company. The machinery in the Pakihikura Creamery and Factory at R-ewa will he pidled down and sold. It is expected to dispose of the building to. settlers, together with the land. It is . asserted locally that with closer_ settlement' the position would bo very different.

QUEENSLAND {.SOIL.; . Mr 1 : W.,H. Cruickshank, land-.agent, Perry Streetj reports a keen inquiry for land on the,!; Darling' Downs. Several well-known Wairarapa: farmers : havo .decided to join Mr; Cruickshank,'who is to leave for Queensland on, : July 110, to inspect several properties placed in his hands for sale and leaso, by Messrs. Scholefield, Godsall, and Weaver,'the Queensland agents. • Mr. Cruickshank invites'anyone intending to invest in Queens-land-lands to join his party. ; THE SHEEP INDUSTRY IN WAIRARAPA. , With the commencement, of winter the shipping companies have reduced the freight on oversea frozen'meat (writes our Wairarapa correspondent). , The, reduction on' mutton per pound weight has been from 11-16 of a. penny to 9-16 Compared with previous years,' carcasses 'are not netting so much! weight,' large, numbqrs .not. being over SO pounds. Asked the reason, a prominent Masterton farmer statod that ;tho sheep could not be properly fattened in this of. the Dominion.. The drought was partly' responsible for this state of affairs, as there wore now practically few. turnip crops. There was, _ however, an added factor that the cultivation of turnip crops was, dying out in the Wairsfrapa, the preference being given to rape, which was more suitable for young lambs.- The.importance of.the fat'lamb trado had necessitated a greater cultivation of rape crops. It was to be 'remembered also that the Wairarapa generally could not grow turnip ' crops, such as were seen for instance in Canterbury, .the reason being that, With the exception of To Ore Ore plains, Wairarapa lands puddled too much under turnip cultivation, with the result iri many instances that the sheep would bo standing half-up to ■ their bellies in mud. DEMAND FOR FARM WORKERS. • EMPLOYMENT WAITING.. It will v bo remembered that recently, tho Hon. 11. M'Nab stated that there was a good inquiry .for. farm labourers.in Now Zealand; and'subsequently a farm hand made a . statement to a Dominion ■ reporter that he had made ii complete search for employment, and failed to find it. We have now received from'a Featherston farmer the following telegram, tho contents of-which will bo communicated to the'farm band in question:— • "Have immediate permanent farm work for your interviewer if really capable." V NATIONAL DAIRY SHOW. EXHIBITS JUDGED." The exhibits of butter for tho National Dairy Show, ,at_ Palmerston. North, which have been kept in cool stores -at Wollington wore judged yesterday by Mr. Singleton (Acting-Dairy Commissioner) and his assistants. AS AMERICANS SEE US. " Hoard's Dairyman" (American), in a 'paragraph on cheesemaking in Now Zealand, says: —"The Dominion of New 'Zealand 13 very up-to-dato in its dairying industry. It misses few chances of learning expertly what other countries are doing. Choose production is its centre of -.inter,est just now. To gain all the information possible,'the Dairy Commissioner, Mr. Cuddle, has been sent abroad to visit England, Europe, Uniti-il States and Canada. One of the objects in view is to arrange for .au inspector of dairy . produce in London to act, 111 co-operation • with the New-. Zealand graders. Every parcel away for sale is compulsorily graded, as in the Australian State of Queensland. As a result of the increased prices to the producer;, .for milk to be used in cliecsemaking..in Now Zealand, cream production is going out of fashion. Last year' 15,000 tons of butter were oxported from that country, and 8000 tons of cheese. But this year it is expected, that the two items will be practically equal. It is feared by somo of the factory boards that there will eventually bo a slump in cheese prices, and they aro preparing for the emergency by establishing sinking funds to pay for the plant while the boom lasts."