Page 10 Advertisements Column 4

Poverty Bay Herald, Volume XLVII, Issue 15447, 16 February 1921, Page 10

Optimism Justifiable If, from the mass of conflicting evidence on the state of the World's Markets, we can deduce certain facts which hold out a promise of better things to come —if we can believe that prices can hardly be lower—that buyers have done their worst to crush the sellers of raw products to the depths of despair, then surely + Jie future must hold a ray of comfort to the NEW ZEALAND FARMER. The pessimism is too often inspired by the selfish interests of great manufacturing concerns and Trust rings, who, having made vast fortunes at our expense during the war, wish to continue the merry game, and grudge a fair price for all they buy. The great wool firms at Home are most illogical in their attitude ; on the one hand professing haughty independence of our goods, owing to the vast stores of wool available, and on the other hand imploring us to leave the markets to them, raising their voices in horror at the idea of Australasians combining to hold their wool for fair prices! They admit they are only buying from hand to mouth and have no reserves of raw wool. Then comes the question of establishment of credits to European countries; already exchanges are stabilising and the cleverest brains in the world are Working at the problem, so that a solution seems shortly probable. As regards Meat, the de-con-trol at Home must soon eventuate, and the New Zealand product find its proper wholesale level, which must be nearer the retail.selling price than at present. The tightness of money locally is understandable, but when the dumped stocks lately poured into New Zealand and Australia are realised upon—and in view of the fact tliat very few orders are now going Home—within six months avc shall find conditions easier. By then some of our meat, butter, and cheese will have been paid for, so that the Bank rate must fall with the inflow of cash, and private money become available. We want a cessation of unwise. speculation and luxurious over indulgence, and if the present stringency has curbed these tendencies we are better for it. But we also Avant CONFIDENCE, FAITH in our own FINE COUNTRY, and an avoidance of Panic.

wmmmm MUSIS' IBMM *£-, mi i WKffiS /C>>"c-.-. A -.'!»•• ■':■..:■■' >■•>■:: hW,;m Advises-'— CARRY ON! CARRY ON! And if you have money available now is your chance: it may be lost in 6 months. HERE ARE SOME CHEAP FARMS. 880 ACRES; wintering 1400 sheep, 50 cattle... £ll/5/P.A. £3OOO Cash. 500 ACRES; wintering 1000 sheep, 90 cattle. £l6/10/£2330 Cash. 750 ACRES; wintered 1500 sheep, 150 cattle; fattened 1500 Jast season. £l9 per acre. £3OOO Cash. 940 ACRES; wintered U sheep ' and 150 cattle. £lO per acre. £2OOO Cash. 1300 ACRES; 460 grassed; wintered 900 sheep, 50 cattle. £4/2/6 per acre. £3OOO Cash. 2100 ACRES; 130 acres cleared; 1£ sheep country. £5 per acre. £SOOO Cash. And Virgin Bush Blocks, 1500 to 3000 acres. Prices 22/6 to 35/- per acre. Buyer gets all the "unearned increAnd» for Safe Invest- . ments Consult