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FARM AND STATION

DISPOSAL OF SURPLUS WOOL. BAWRA’S EFFORT PRAISED. LONDON, July 10. Mr Andrew Williamson, who is chairman of directors of the English, Scottish, and Australian Bank, Ltd., and a director of several companies, including the Australian > Pastoral Company, Ltd., delivered an address at the annual meeting of the Australian Estates and Mortgage Company, Ltd., of which also lie is chairman of directors. He said that the demand for wool had been remarkably well maintained in 1922, approximately 5,000,000 hales of colonial wool being sold. That was far above the normal production. The astonishing ease with which the surplus wools had been absorbed in the last.three years had exceeded all expectations, Bawrn having arranged the offerings to suit the capacity of the market at a critical time with singular ability and judgment. At the same tiino he welcomed the rejection of the proposal to continue Bawra as a huge trading agency and corporation. He regretted that the Australian cattle trade outlook was still extremely gloomy, and that prices remained. below the cost of production. He feared that the beef trade would continue to he unsatisfactory as long as the supplies, as at present, exceeded the world’s demands owing to the inability of Continental countries to buy. It looked as though some misunderstanding or prejudice was blocking the way to a reversion to the Linley chilling process, which had proved most satisfactory in prowar da vs.

FLAX v COW. FORMER inn PER CENT MORE PRO ITT A RLE A STRIKING COMPARISON. From facts placed before a meeting of flaxnniling interests of the northern districts of Auckland a comparison of results obtained from dairying and fiaxmilling disclosed that the latter was 100 per cent, more payable than the former. This information was communicated to a meeting of the Munawafu Flaxmillcis’ Association. over which Mr A. Seifert

presided. It was stated that the ease of the Maker:in swamp had been cited, revealing that from an area of 11,000 acres, over a period of fifteen years, the actual value of hemp sold was £3,333,000. Under dairying conditions on the basis of one cow to 1 acres, each animal producing IGSIhs of butt.eclat par year, valued at Is 4;;d per Hi, the area would Imre produced .C! .400,000. The yield from flax for the fifteen years was £2OO per acre, whereas even under the most favorable conditions, and making every nl- [ lowa nee dairying would have produced £IOO per acre. It was therefore maintained that instead of this liaxbearing land being ,>cut up for dairying, it should be conserved with a -corresponding benefit to the Dominion. Among numerous other examples given wa.s included the fact that about- 10.000 acres in the. YVaihi. swamp were now being denuded of flax with a view to draining and subdividing it for dairying purposes. The action of the Government in doing this was considered against the best interests of the country. J If is rumored (says the Taranaki Herald) that the Danish dairy farm- 1 iirs, alarmed at the fact that New : Zealand butler is realising as good , or better prices than their own, in spite of the greater advantage they possess in their proximity to the London market, contemplate sending a commission to New Zealand to see : how it is done, with a view to adopting New Zealand methods of marketing.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GIST19230730.2.5

Bibliographic details

Gisborne Times, Volume LIX, Issue 9576, 30 July 1923, Page 2

Word Count
554

FARM AND STATION Gisborne Times, Volume LIX, Issue 9576, 30 July 1923, Page 2

FARM AND STATION Gisborne Times, Volume LIX, Issue 9576, 30 July 1923, Page 2

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