BREAKING OF THE DROUGHT.

Oamaru Mail, Volume XXXVI, Issue 11656, 11 June 1912, Page 4

BREAKING OF THE DROUGHT.

GREAT JUBILATION IN AUSTRALIA. [By Electric Telegraph—Copyright.! (Per Press Association.) Received, June 10, at 9.5 p.m. Sydney. June 10. The drought has fairly broken. -Practically every station in the State" reports .light to heavy falls, and it is still raining. The heaviest fall was at the J3jue 'Mountains. Up to this morning KatoOmba. had nearly five inches ; in the wheat areas in the Riverina and elsewhere, up to two inches; and in the drought pastoral areas, tho West half, to 2.1-' inches. The position as far as the wheat crops are concerned is that they are saved, and the stock mortality lias been arrested, especially as the fall was accompanied by warm temperatures. There was great jubilation in the city, and large crowds were watching the posting of the returns' Or the rainfall". ; Victoria. South Australia, and Queensland: report further general soaking rains. • As a. result of the rain wheat quotations have dropped to Is 2}d and 4s <VI, but our and food'stuu's are u'licly.'.riged. As ■■> set-off to the. oot.)'.r, ; ,s.tie view, it is pointed out that., the rain is somewhat iau- to i'ul'.y benefit the wheat-, ami a prv.y.-ortion or the lambs and many breeding ewes have already been kiUvd by the drought. If severe weather Hollows." much stock in poor condition will succumb. Possibly the strong deti!ni!(l for foodstuffs will continue to tide over till the grass grows. Received June 1. at 1.5 a.m. Sydney, June. 10. Butter is in short supply and has advanced 9s. Potatoes and chaff have dropped ss. Melbourne, June 10. The announcement of the rain at the Stock Exchange caused jumps in. Goldsbrough and Mort's shares aggregating £113,000. . ' ' . Received June 11, 10.30 a.m. . Sydney, June 11. Fanners' lots of wheat sold at 4s lid and 4s i'd. It- is estimated that the rain is worth millions in New South Wales alone, and in other participating States it will be similarly valuable. The latest "reports state that ram is still falling. . Manv orders foe trtcks to move starving stock ha\e been cancelled. Melbourne, June 11. Wheat has dropped from 4s 3d to 4s 2d. ' - . Tlie rain is heaviest, whore most nepfl-d, and the most pessimistic concede- that the wheat crop is largely saved and the pastoral conditions vastly ameliorated. , T n1 Adelaide, June 1.1.. The rain is heavy over the whole State. . , 1 ... The wool clip is fair, the lambmg percentage assured, and tho harvest assured in many districts. Brisbane, June Ji.

Rain continues and the rivers arc. beginning to flood, there being numerous railway washouts. There have been phenomenal falls at Bogantuugan, where over 11 inches fell, and at other places over nine inches are recorded. 1 Hobact, June xl. There have been good general rains.