A PROBLEM!
STOCK BUYERS PUZZLED. (By Telegraph.—Special Correspondent.) Pahiatua, January 14. A stock buyer who was present at the. Pahiatua'Show to-day, representing leading Wellington works, remarked that the early rape crops had been largely spoiled by tho wet weather, but the later sowings were thriving. Manawatu rape crops were poor, but tho Feilding crops wore letter. Sheep and , lamb prices wcro better than ho had ever seen, though London prices were rather weaker. "This," be added dryly, "leaves us a very small margin. It is a fact thai wa don't know what is going to happen. A large Wellington company had a thousand lambs on the market a week ago, and had a. thousand for the corresponding week a year ago. They were the only lambs on tho market, yet they fetched only 63d. against 7Jd. last year. That does not clear them." This authority spoko with significant siiggestivencss of tho existence on the Now Zealand market of some vaguely visible power buying stock. "We buyers don't know who they are," ho said, "but we are wondering perpetually whether they arc working "for the Meat Trust. Wo feel that this power is lighting against us, but we do not know its strength. It operates through agents and is buying at high rates. Wc know that the Argentine works. have ■ been forced to close down, and wc are anxious to know whether there is really operating in Now Zealand a great power seeking to close, us down. Lot mo give you an instance. A certain two men, thirteen years ago, wore mere clerks : to-day thav arc buying from Auckland'to the Bluff. They buv halt a million sheep and lambs for' Australia in the season, and took over freezing works there. Wo buvers are .all asking ourselves who are these men. Are they merely two clerks who. in thirteen years, have amassed such capital as to ho able to command a million of money, or are they just agents ot an invulnerable' Trust? Wo don't know whom wo are bumping."
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Dominion, Volume 7, Issue 1958, 15 January 1914, Page 8
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338A PROBLEM! Dominion, Volume 7, Issue 1958, 15 January 1914, Page 8
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