The Bradford correspondent of the ‘Financial Times,” comJnenting on the hardening values of wool in Australia says; It would appear that some people are becoming anxious as to the suffieienej of the season’s clips to meet the demand for merinos and fine cross-breds until the next clip is available. The present position of British buyers is unenviable. Manufacturers have sufficient difficulty in making a profit and they consider that higher wool prices will mean curtailment of business. He is quite an ordinary looking Maori, but nevertheless he is known in Wanganui as a real hero (says the Chronicle). His heroism lies in the fact that out of a paltry sum received as rent for a certain native land, he supports 16 relatives. He himself does no work and he also finds living expenses for his wife and s <| hildren, his aunt and her h-si and, his grandmother, his d ;Ughter-in-law’s cousin, and st vrral others whose relationship w ith the benefactor : s even more complicated. Needless to say the family fives cheaply, R. McCarthy has been appointed acent for Kaitaia and the surrounding district of the Insurance Office of Australia Ltd. (The 1.0. A.)
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Northland Age, Volume 27, Issue 44, 4 November 1927, Page 7
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194Page 7 Advertisements Column 1 Northland Age, Volume 27, Issue 44, 4 November 1927, Page 7
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