The Chronicle, PUBLISHED DAILY LEVIN: WEDNESDAY, FEBRUARY 7, 1912. UNKNOWN GROWING FOR HOROWHENUA COUNTY.

Horowhenua Chronicle, 7 February 1912, Page 3

The Chronicle, PUBLISHED DAILY LEVIN: WEDNESDAY, FEBRUARY 7, 1912. UNKNOWN GROWING FOR HOROWHENUA COUNTY.

ji.AsX Ptain so ax- experimental i cr;>p.> «,i bn-e.'d wim v Iv.rvosU'd at ! ; iciiiii. !!. „ :• ml oii:t>r quarters in | U'nn ui itlri. Tiio;.' yieiclcvl exceedingly well, but wo have heard j i.otbifig i'lii- y. ;ir ii.s to whether I'iir- ! 11km' .sow >r>. of t tit 1 seed have been j made. By latent market reports i from London we notice t!i.at highly | profitable rates arc ruling for this | product, with prospects of contin- | wance. When tin' growing exper- ; iments «ere' 002:1111 in this county j there \va» a a idea behind them jllia; oil. n'nuu! in l expressed from « '.in; seed am! I'm relii.se oil cake used for stock fdiening. Possibly that schmne v.vi. (no ambitious for an iiiitiaj urn', real; im:, but ill the j ligiifc 01 ilm> pr.iwii!- position it ! seems tri• r to profit for I s.'tilers v.'in; will npder!:i!-.e the md- ; I tiro of linseed on areas suitable for | the purpose. '| rue it is fcliat linseed I quickly imporeri'dey-' the soil, but j when the marfrin of profit over cost (of raising is so great as tkit now j disclosed any grower win afl'ord to j robudd his binds wi'h artificial manj '• rc ' s ' >Sn no exceedingly interesting ! .in the linseed market of j (.'reat B:itain are contained in a ! report to the .New Zealand Govern- ; meat which came to hand last month I from this country's High Comniis- ' sioner ia London. Tl"' general position is slimmed np n»s folloWtS: For some years the prices of linseed in tins country lias boon bidi. "Pailnro of crops in different producing countries during that time is ascribed as the reason for the advance in value-. Especially in North America has the shortage } IPell folfc. Instead of bavin<r nmnle supplies., | sufficient for its own requirements jpnd for export to Tlm-ope, as for,'nnrlv. larrro purchase? have, had to be made br that country, both here ■and on the Continent. This voar, however, the North American crop 1 to be-better, and likely to sufficient for the country's req?cirements without further importations. Th n comitr*' lo from wh'cb tho ■nTineinal of linseed are are Tnrh'a. La Plata, and Russia, the quality received from the former country bcino- esteemed the most valuable. Small quantities ! arc also received from Morocco. Tho ! quantity received into the United TO'ncrdnm from all sources from the Ist January to the 31st August amounted to 978,335 quarters. This was considerably less than for the same periods in 1010 and 1900, when the figures wer° 1,097,613 and 1,273,751 respectively. Stocks hold both hero and on tho Continent are at the present moment extremely low, and it is not anticipated on the market that there will be much increase for some time to come; consequently tho market is very firm, and likely to remain so. Some years ago parcels of New Zealand linseed were kindled in London, and the quality of these shipments was favourably reported upon. There is a good market for quality such as that sent from the dominion. Of course, without a sample hoing submitted, it is difficult to give a value, hut T am informed by those handling; linseed that for New Zealand seed similar in quality to that formerlv handled, nhont per -11 f>\ sior« "London woidd ho a fair qnota+'on. Tt.nmst not be forgotten, however, by intending shippers that the market for

linseod fluctuates very considerably, and consequently is rather speculative. Tn giving quotations for linseed considerable difficulty might be experienced, as, owing to'the various weights going to the quarter in different countries, misunderstandings might arise. Thus, 4101!) go to thv. quarter in the caf-.e of Calcutta linseed. 4101b in that of Bombay and La Plata, -and 4241b fur Russia. Calcutta seed k worth, at present on average 735, Bombay 7'ls, La, Plata 60s, and Russia -70s. The reason for the price of La Plata seed being lower than Indian is that the quality of the oil produced therefrom is not so fine. Linseed is chiefly used in this country for the purpose of oil-extraction, the old being largely used in the manufacture of paint and linoleum. The residue is used in the preparation of cake for cattlefeeding, etc. It might also be mentioned as of interest to New Zealand producers that the market in this country for rape-seed its good, and likely to continue so. Prices have advanced steadily during the past five or six years, and arc now over 50.s per 4161b. iat about which ligurr- the demand has been strong for i>ome considerable time.