A GOOD SEASON.

Press, Volume LXII, Issue 18670, 20 April 1926, Page 8

A GOOD SEASON.

, OUTLOOK IN AUSTRALIA. (from oub, own correspontjbkt.) SYDNEY, April 7. The recent rains, which in some parts brought floods in their train, have given a brightness to the outlook where a month ago there was a feeling of doubt and of pessimism. Eeports in the Press indicate generally that business in the country is ajready improving, with the definite breaking of the dry spell, and that provision is being'made in many places for improvements of property and for. increased holdings of livestock. One strong indication of the changed outlook has been the improved prices for livestock. A few weeks ago, when the outlook was viewed with deep anxiety, store sheep could be purchased at 8s each. Now, ewes are commanding to 30s ea«l). Thus does a good downpour of rain enhance values. Sheep which it was intended to' hurry to market' are nqw: being held, and there have been wholesale cancellations of • trucks. Again, the farmers who hold grain are selling freely.' Their fears of a shortage ' during the next harvest have been relieved. Then, again, where.there was something of a tightness a little time back, money is available for all legitimate purposes, both in regard to commerce and manufacturing rural industries at reasonable rates of interest. The outlook generally is heartening. Perhaps the best indication of that to the cit/ man has been the obvious buoyancy of the men who came down for the show from the country and outback. Their lightheartedness could not be misunderstood. . ; ■ i <*