HOP-GKOWING IN NELSON.
* It is said that a Dunedin merchant, a Mr Wilson, has astonished the citizens of Nelson (known now as Sleepy Hollow) by purchasing the whole of the hop crop oi this season. This gentleman wired last week to his agent at Nelson, requesting to know the price of hops now being harvested. The reply was Is 6dperlb. The merchant sent back : " Purchase all you can," which was done, amounting to £10,000 worth. The next day the Nelson hop-growers awoke to the fact that hops had risen in price in London to 5s per lb, and that Mr Wilson had realised upon his bargains 200 per cent, or a clear gain of £20,000. 'J he Nelson hop-grow-ers, after this lesson, are now agitating for a co-operative association, by which they will hold weekly markets, and so hare their hops sold by auction.
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Bibliographic details
Feilding Star, Volume III, Issue 85, 31 March 1883, Page 3
Word Count
144HOP-GKOWING IN NELSON. Feilding Star, Volume III, Issue 85, 31 March 1883, Page 3
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