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New Zealand Mail, Issue 1680, 11 May 1904, Page 15

Some comparisons have been made to show how the Poverty Bay district has progressed in a very short time. Land about three miles frou Gisborne that thirteen years ago tus purchased for £3 12s per acre, nis lately been sold at £B6 per acre; land about three-quarters of a mile from the Gisborne Post- Office that twelve years ago was purchased for £2O per acre has been sold at £6OO per acre. Thirteen years ago Messrs Nelson Bros, started a freezing.works on a guarantee of 6000 carcases of eiheep, but the first year they put through 36,000 carcases. . This year the two freezing . companies will] put through about 370,000 carcases of sheep and about 10,000 carcases of beef. Five tuiouamd bales of wool were exported thirteen years ago; this year about 1 XX~> bales will be exported. In addition the!, dairy industry, hais made enormous strides.