THE RURAL WORLD.

Otago Daily Times, Issue 22066, 23 September 1933, Page 3

THE RURAL WORLD.

FARM AND STATION NEWS.

By Etjsticus.

1933-34 WOOL SEASON ROSTER OF SALES Wool gales have been arranged as follows fo t the 1933-34 wool-selling season in New Zealand:-*-' . ! Place. Date. Auckland .. .. November 27 Napier ... .. ... December 1 Wellington •• «. December 7 Christchurch • • December 12 Timaru December 16 Dunedin .<.. .. December 20 Napier ... .. January 6 Wellington .... January 11 Auckland .. .. January 15 Wanganui January. 19 ,",, Ciiristchurch • • January 26 . Invercargill January 31 Dunedin .. February 5 Timaru .. .. .. February 9 Wellington .. February 15 Napier February 20 Wanganui «• • • February 23 Christchurch .. March 2 •- Dunedin . • • • March 7 Invercargill .. .. March 9 Wellington .. .. March 13 Napier .. .. .. March 23 Auckland ~ ~ March 27 Christchurch .. April 6 Dunedin .. .. April 10 Wanganui .... April 17 Napier .. .. ..' April 20 Wellington .. .. April 24 The April sale dates are tentative only, subject to revision, and_ will he held only if sufficient wool is available. 1933-34 SHOW SEASON ■V ROSIER OF DATES Agricultural shows have been arranged for the 1933-34 season as follows: , \ , 1 . 1933 Sept. 28.. .... .. Otago Horse Parade, Tahuna Park. Sept. 30 .. .. .. .. Wyndham Horse Parade. Oct. 25 and 26 .. .. Timaru. Nov. 1 .. .. • • • • Kelso. Nov. 2 Ashburton. Nov. 1,2, and 3.. Manawatu and ■ , \ ' West Coast, at ; Palmerston N. Nov. 3 .. Eangiora. Nov. 9 and 10 .. Canterbury, at Christchurch. Nov. 14 ........ ' Waimate. Nov. 16 and 17 .. North Otago, at Oamaru. Nov. 18 .. .. .. .. Taieri, at Outram. Nov. 21 and 23 .. Otago, at Tahuna Park. Nov. 23 and 24 .. Clutha and Matau, at Balclutha. Nov. 25 .. .. .. .. Winton. Dec. 5 and 6.. .. Gore. Dec. 8 .. .. .. •• Wyndham. Dec 8 Maniototo, at Ran--1 . furly. Dee. 12 and 13 .. Southland, at Invercargill, 1934 Feb. 8. 9, and 10 .. Royal, at Auckland. April 12 .. .... Temuka and Geraldine, at Winchester, Great Butter-fat Bull There arrived in "Dunedin recently by the s.s. Totara, from Wellington. an especially choice young bull. This bull bas been purchased, by Mr C. Adams, of Owaka district, from the well-known Waipiko butter-fat nursery of Mr C. G. C. Dermer (Cheltenham), where some of New, Zealand’s most famous producing cows are bred. He is of pleasing type, and, being bred from one of the most prepotent families in the world, shows pronounced quality. He claims for his sire, Her Son, a splendid son of one of New Zealand’s most beautiful show cows, Vivandiere, V.h.c., winner of 18 championships and 30 first prizes, 10361 b of fat and present bolder of the world's record for all breeds on twice a day milking, and Te Ante Alar’s Pride, a champion show bull whose progeny have met with great success in the show rings of the north. His dam, too, is of £i - eat breeding, having for her 'sire Waipiko Acme, who, of course, is by the imported bull, Sybil’s Gamboye Dreadnought, winner of eight championships in New Zealand, and from the former Empire champion, Holly Oak’s Annie, v.h.c., winner of eight championships, 10561 b of fat, and dam of several high testing daughters. His maternal' grand-dam also is closely connected with Vivandiere, being by Vivandiercs Prince, champion butter-fat bull, a eon of Vivandiere. Other renowned animals in this young aristocrat’s pedigree are Grannie’s Knight, Soumiso Tom, V.C., and Violas’s Golden Laddie. all C.8.8.’5, and Waipiko Love Bird, 5571 b fat at two years, Waipiko Love, 6201 b fat; Waipiko Lorna, 6721 b fat; Lenora, CBslb fat; Loo, 6271 b fat; and Ancerine. 0321 b fat. Fyom the above it will be seen that there are few families in New Zealand which have proved their producing ability anywhere near the wonderful performance of this bull’s family. Improved Values

Representatives of the dairy industry who met in Wellington this week commenced their conference with the heartening news that the price of butter has risen to 106 s per cwt. Cheese has also made substantial gains since the low levels in April and May last. Seasonal influences generally produce a rise at this time of year, but dry conditions in Europe and Australia have given the market an extra fillip. What a little while ago appeared to be heavy stock in London are being rapidly reduced. The British demand continues good, the monthly consumption of butter Having recently again stepped up from 35,000 tons to 40,000 tons. It may be hoped, therefore, that the improved prices are mpre than a seasonal phenomenon emphasised by dry weather. It seems reasonable to suppose that the extremely low prices of a few months ago have had two effects that are more than temporary—the ranks of regular butter consumers have been augmented while many producers have been forced into other branches of agriculture. Encouragement of wheat production in many countries is reported to be assisting this transfer away from dairying. Wool Not Yet Costly The view that wool is still not costly to the manufacturing countries is expressed in the latest market report of Winchcombe, Carson, Ltd., the Australian wool selling firm. The report states: —“The average of Is 2Jd per lb for wool at the second week's Sydney sales this season is the highest recorded in Australian currency since May, 1929. Actually, however, owing to rates of exchange, the cost of the raw material to Continental countries on a gold basis is only about half the 1928-29 level, and in terms of English money. 25 per cent, below the year quoted. Though the prices being secured in Australian currency are satisfactory, wool cannot be regarded as very costly to the consumers mentioned. “Japan still continues to purchase freely, in spite of the fact that the value of the yen is only Is 6d in Australian money, compared with a par vine of 2s. Based on ruling average values, the staple is costing Japanese mi Ilmen full 1925-2& figures, and they have never bought more freely than at recent sales. Manufacturr ing expenses are low in Japan, that fact assisting her to produce cheap goods, and

Items of interest to engtged In agricultural and pastoral pursuits, with a view to their publication in these columns, will be welcomed. They should be addressed to “Rusticus,” Otago Daily Times, Dunedin.

Japanese Purchase* Messrs H. Dawson, Sons, and Co., London and Bradford, _ through their New Zealand representative, Mr A. M. Tartakover, write: —“As there is a certain amount of controversy- going on regarding trade with the colonies, it may be of interest to your readers to read of Japan’s imports of wool from January to June, 1933, viz.:— ■■■-' Wool, Pounds. China .. .. .. 27,866 England ~ .. 457,200 Chile 687,865 Argentine .. .. 2,614,793 South Africa • • 2,830,532 Australia .. .. 139,413,333 . Others .. .. .. 1,678,266 Total ... .. .. 147,609,855 “ Wool tops, 18,6061 b only.” Sydney Wool Value* The Sydney wool selling brokers report that the average price of wool sold during the first three days of the week ended September 9 was £l9 5s per bale, or HJd per lb. These prices compare with an average of'£ls 16s 0d per bale and 11.3 d per lb on the first day of the series. The wool, sold in the previous week averaged £l6 19s 6d per bale, or 12.7 d per lb. Mr R. J. Withers, secretary Sydney wool selling brokers, writes:—“With an average price of Hid for early shorn

wools it can be definitely claimed that wool values have recovered from the slump and are on a payable level at the moment. A hundred thousand bales have been sold, but there are over 1,000,000 bales to be handled in this centre. The all-important question is: Will the level bo maintained and improved relatively as better class wools come on the market? As the results so far have been brought about by an improved world-wide demand, accompanied with an inevitable world shortage in production, an answer in the affirmative would seem to be justified.’' Increased Consumption “ Increased use of wool during recent years is responsible for the eagerness with which it is being purchased. Apart from the older manufacturing countries, decided development in the use of the staple has been seen. If it became too dear, some curtailment in consumption would no doubt occur, as was the case in the more boom times some years ago. Larger quantities of woollen rags would be reworked, substitute artificial fibres would be utilised, and cotton would be mixed freely with wool to cater for business in which prices within certain limits cannot be exceeded. Taking exchange rates into consideration, however, the cost of wool has not yet reached a basis likely to put any decided brake on its use, “ So far activity at the mills abroad has been maintained. Buoyancy in raw material markets has given traders confidence in marked contrast to the hesitancy noticeable when values were falling and purchasers of manufacturers were too nervous to commit themselves for any period ahead. On the Continent, in Great Britain, and the United States, decidedly more business is being transacted than was the case six months ago. Spurts in wool prices have been experienced several times during the world depression. The improvement on this occasion has been proceeding for over six months and has consequently been the most sustained movement experienced for many years. That fact certainly gives good reason to anticipate that confident feelings in regard to values arc now dcfinticly established.”

in addition rates of exchange have cheapened her goods to foreign customers and enabled her to quickly develop an appreciable export trade iu woollens, Warning of Danger “There is, however, a very presentdanger that the position may be whiteanted through direct sales by owners to overseas buyers operating in the country. It is an open secret that much wool has already been purchased privately at below the auction rates. Wools bought in this way enable the buyer to underquote auction operators in dealing with old world mills, the natural result of which _ is likely to be a lowering of general buying limits, and an effective sprag to the upward trend. This undermining of the auctions is actually happening, and owners would be well advised to carefully review the facts before selling privately. “Owners arc reminded that Hid is only an average price, and that many lines of early shorn wools have sold at auction from 20d to 23d, and locks at 6d to as high as 9d. The average price is, therefore, misleading as a basis for fixing private sale values. _ Furthermore,-> the fixing of values in private negotiations for the choicer well grown clips on the opening levels is all in favour of the buyer. Woolgrowers have had a long era of unpayable prices, and nqw that the return swing of the pendulum has started it would be lamentable if they do not share to the utmost in the enhanced returns, and a little reflection should convince them that the auction market is the safest and soundest outlet for their clips.”