EGGS FOR ENGLAND.

New Zealand Herald, Volume LXV, Issue 20075, 12 October 1928, Page 11

EGGS FOR ENGLAND.

AUCKLAND CONSIGNMENT.

SOME RAILED TO WELLINGTON.

In spite of the low market prices ruling locally for eggs in the past few months, states a bulletin issued by tho Auckland Egg Producers' Association, poultry-farmers in general have not supported the export scheme under the Government guarantee, to the desired extent. An effort is, being made to increase the quantity for export by the Port Darwin, leaving Auckland about the third week in November. The chief Government poultry instructor, Mr. F. C. Brown, of Wellington, and Mr. E. C. Jarrett, instructor at Auckland, will attend a meeting of egg-producers in the city within the next few days to discuss tho improved organisation of export. Although only a portion of the shipment arranged for the lonic was put on board at Auckland, the balance, by permission of the Department of Agriculture, is being railed to the vessel at Wellington, subject to rcgrading, if necessary. TAR ON WOOL. QUESTION OF BRANDING. RESEARCH WORK IN ENGLAND. [FROM OUR OWN CORRESPONDENT.] LONDON. Auc. 24. At a conference in London farmers of the Empire discussed again tho well-worn subject of stain on wool, which cannot be eliminated in Die ordinary process of scouring. Although special reference is made to tar in these the manufacturers of Bradford recognise that other colouring matter used in conjunction with linseed oil often causes the trouble. Tar, however, is especially bad because the heat and the steaming in the later processs of manufacture cause the smallest particle to spread several hundred times its original dimensions. Mr. A. T. King, chief chemist of the Research Association for the Woollen and Worsted Industries, gave the conference some information about the new and noninjurious fluid for marking sheep which had been produced at the association's laboratories. The recipe of the comparatively simple mixture which the Research Association had evolved was supplied to all the members of the conference. The mixture consists of:—Wool fat, 45 parts by,weight; lime blue, 5 parts by weight; barytes, 20 parts by weight; Emco (light paraffin spirit), 25 parts by weight. Mr. King said that the mixture had been subjected to further extensive trials last season on various stations in England, Scotland and Wales. Reports had been entirely favourable. This season over 10,000 sheep under one ownership alone had been marked with this fluid.

Arrangements with a view to colonial confirmation were put in hand, but, owing on the one part to defects in co-ordination, and on the other to lack of efficient incorporation of tho ingredients—an essential factor to success—in the early samples, little reliable information was obtained beyond indications as to suitable modifications in composition to meet the different climatic and exposure conditions. The following formula had been developed, in the light of experience already gained, to withstand the more arduous conditions met with on Colonial stations: — Wool fat. 30; "resin, 30: Carnauba wax, 3: Keesellgunr, 18; ignited iron oxide, 6: Emco spirit to desired consistency. It was most desirable that the attention now strongly focussed upon this important aspect of (he industry should be maintained and deepened by tho active interest and co-operation ol' all woolgrowcrs. Dr. S. G. Barker, director of the British Research Association, said his offer to supply a gallon of tho fluid free to any Dominion farmer who would test it and supply a critical report on the results had brought a rush of applications, and fho association's chemists were working overtime to produce the Quantity required A good deal o? discussion followed regarding the best method of distributing samples of the fluid and of having it tested in the Dominions. Finally the conference decided to supply the formula to all farmers' associations, and to supply quantities of tho made-up fluid to the High Commissioners' and Agents-Generals' departments requesting them to have it placed in (he right quarters. A resolution was adopted recommending "that the Governments of all wool-pro-ducing countries should introduce legislation to prohibit tho ilse of tar or tar mixtures in the branding of sheep, or as antiseptics, or as fly preventives."

LONDON TALLOW SALES. INCREASE IN MOST PRICES. Dalgety and Company, Ltd., report having received the following cablegram from their London house, dated October 10: At the tallow sales 661. casks were offered and 60 per cent, were sold. Prices for most descriptions are 6d higher. The Bank of New Zealand has received the following advice from its London office, dated October 10:—There is a good demand and prices have advanced 6d per cwt. CANADIAN BANKING SYSTEM. SUGGESTED RESERVE BANK. [from our own correspondent.] OTTAWA. Sept. 19. It is considered likely that the Dominion of Canada may adopt the United States system of Federal Reserve Bank*. A complaint, not very loud, but still existing, says that the present system of banking in Canada centralises in private corporations tlie control of credit whereas it is claimed that a rediscount or reserve bank would supply the surplus money needed in times of stringency. Against Ibis is the argument that the present Bank Act, linked up with (he Finance Act. provides all the liquid resources needed in any emergency. The tendency during post-war years in the United States to bank mergers is accentuating financial opinion in Canada in (lie direction of Federal reserve. The opinion is growing that before long there will he only five Canadian banks—the "Big Four"' and a merger of the three French-Canadian banks. INDIAN LOAN SUCCESS. LARGE INTERNAL ISSUE. An internal rupee loan of • about £26,250,000, the largest ever issued by the Government in India, was fully subscribed in August. It was issued in two forms, one a long-dated per cent, stock at 94 per cent., redeemable at par 1955-60, and the other a short-dated bond at 97J< percent., also bearing interest at 4£ per cent., but repayable at par in 1934. In addition to cash subscriptions conversion was also invited from Indian 5$ per cent, war bonds, 1928, and from Indian Treasury bills.