Improving Prospects.
Tnwoj »rp looking ap for ibe wool grower* nod fanner* in this colony. For somo time past rife after rise has taken place in the price of wool in the London and continental markets, and the latest new* Is that the last salee exhibit an increase of 15 to 20 pet cent even over the previously improved rates. This i > cheery intelligence for the sheep farmers. A number of .years back when the prices for wool were high, the sheep farmers were we;', off and ptoaperone. Bat the long
m-rio-l of low m-Ws v>:ii. li ■ fI in ole the -.i';.-p f-tiu>. 1 , (eel the pi o'u 1 cased many 01 tlicin to find great diiiiouiiv in keeping their Leads above water. The bfttor prices for wool which are now ruling, wi 1 probably continue for a considerable time, and thus prosperity will come back again. Good prices for wool will benefit not only the sheep farmers but also the colonists generally. When a much greater amount ol money is received for our chief article of export, there will ol course be a greater amount ol cash in general circulation to the benefit and ad vans tage to all classes ol the community. There are also improved prospects for the grain growers in the colony. A bad harvest in Great Britain and a deficiency in some sources of foreign supply, will give better prices lor grain to the New Zealand farmers. Frozen meat fluctuates a little in prioe, but, on the whole, the quotations have been better recently than they were some time back.
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Bibliographic details
Wairarapa Standard, Volume XIX, Issue 1883, 13 September 1886, Page 2
Word Count
265Improving Prospects. Wairarapa Standard, Volume XIX, Issue 1883, 13 September 1886, Page 2
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