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A WARN INO NOTE.

DECREASE IN WOOL RETURNS. The position of ihe colony, in the 0 u ! nion of Mr J. D. Ormond, i* extremely critical Wool, tho principal article o"i export, decreased in value the year before I last by £1,800,000. and last year tho shrinkage was £2,500,000, and it would probably beat If ast as much i his year. These, he remarked, we o stupendous figures. The short n>re Ihe yonr before I .i S t had not been aoutplv felt" because of Ihe prosperi y arising out of tlie high value of our other products ; but i' would be fplt. Iron foundries and wool factories wero in a critical position, pending certain find ings of the labour ("ourtp. restrictions were needed to present .hese Courts becoming a further curse and damage to fh 0 eoun try. The n L s _? r for Education did nnto t 1 l g yev ce f TThw h thl& Vlen '' aDd e-preeaed the would f£V P f a >, rt fr ° m W ° o1 ' the fa ™S would find the present a mosh pros - fatten was realising 2 Q per cent above prev,ou 8 prices. The farmer, h,d not ! tneir eggs all in oue basket.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM19010907.2.28.2

Bibliographic details

Nelson Evening Mail, Volume XXXV, Issue 205, 7 September 1901, Page 2

Word Count
203

A WARN INO NOTE. Nelson Evening Mail, Volume XXXV, Issue 205, 7 September 1901, Page 2

A WARN INO NOTE. Nelson Evening Mail, Volume XXXV, Issue 205, 7 September 1901, Page 2