TRADE PROSPECTS IN NEW ZEALAND.
[BY TELEGRAPH.— press ASSOCIATION.! WixuMjTON, Thursday. At the Chamber of Commerce Mr. J. M. Ritchie, chairman, said they had every reason to congratulate themselves on the state of the country generally as far as he knew. There had been, complaints from some quarters, but, on the other hand, other parts had hud favourable weather, and the price of wheat would, probably, go far to balance the short yield which had been due to the dry weather, as tho price was higher this year than it had been for a great many years. The price cf wool also maintained a fair figure. Oats were the only article that were at an abnormally low price. It was satisfactory to be able to say that, during the last fortnight, the freight of meat to London had been reduced, to take effect from December 1 next when the present contract ended. The result of it would be a saving of 2s or 2s Cd per sheep. Then, the finances of the colony seemed to be in a good state, as they shqwed a surplus at the end of March, and this, he hoped, was another evidence that, in a quiet way, the colony had been making steady progress.
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Bibliographic details
New Zealand Herald, Volume XXVIII, Issue 8555, 1 May 1891, Page 5
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209TRADE PROSPECTS IN NEW ZEALAND. New Zealand Herald, Volume XXVIII, Issue 8555, 1 May 1891, Page 5
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