The Wairarapa Daily. SATURDAY, AUGUST 4, 1888. The Stock and Produce Market.

Wairarapa Daily Times, Volume IX, Issue 2968, 4 August 1888, Page 2

The Wairarapa Daily. SATURDAY, AUGUST 4, 1888. The Stock and Produce Market.

The July report of Messrs Lowes and, lorns, published in our last issue, was more pleasant to read that many of the records which we have printed during the past few months. There is a buoyant tone about it which indicates tiu advanco of prices all along the lino, It is good news to hear that all stock has been selling at good values, for wo are under the impression that nothing else which is either made or vended in the colony has been on nn equally satisfactory footing.- It must not, however, bo assumed that the prices of stock have reached a high level. As compared with last year, the present rates for beef show a falling off, and although the values of certain classes of sheep have advanced, the rates as a whole have not varied to a marked extent. The encouraging feature of the July report is rather the consideration that stock generally is saleable at fair values, and that the tendancy of prices is to advance rather than recede. If we also bear in mind that a very considerable sum'of money is now -being expended in the district for Irashfalliug, and that properties that havo hung in the market like load for months and mouths are beginning to move off, wo may fairly congratulate the district upon a change for the better having set iu. IXO doubt the turning of the corner is a slow process, and the outward and visible signs of improvement are somebat faint. Tljo stationholders of the Wairarapa, who have usually been large employers of labor and largo distributors of money, have long ago bad to suspend all improvements and to work their properties with a minimum number of employees, As yet the advanco in values has not been sufficiently marked to stimulate enterprise on up-country runs, but if the favorable turn which things are now taking continues, they must soon havo money again available for improvements, and whenever this is the case trado will begoo4 (!) Masterton.