Stock "Rings"
The Wanganui Herald says :— " A. correspondent sends us. an amusing account of how the sheep market is riggad on this coast, but we are unable to publish his letter, at it contains statements that are clearly libelous, even if true, as we have nodoubt they are. He asserts that there is a ring of buyers on this coast who attend stock sales and run up the settlers in want of store sheep, and either make them pay more than the sheep are worth, or go without them/ The " nng" which will soon find its occupation gone, in acting thup, Voe» not escape spathlees, as its members frequently get sheep knocked down to them at prices they cannot fail to make a loss on. This will of itself help to cure the evil, as not even a " ring" can stand repeated losses of the kind for any length of time. If settlers in want of store sheep are wise they will refrain from biddingagaiust these people, and negotiate privately with owners of store Bheep, as by doing so they will save money and get safely past the " ring."
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Bibliographic details
Feilding Star, Volume XII, Issue 125, 14 April 1891, Page 2
Word Count
189Stock "Rings" Feilding Star, Volume XII, Issue 125, 14 April 1891, Page 2
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