HARD TIMES DOWN SOUTH.
If things are bad here they are evidently worse down south. The Tapanui Courier says: — Every description of farm produce is exceedingly cheap, and during the past month prices have fallen lower still for moat classes of stock. The scarcity of winter feed, m the shape of turnips, has materially affected the price of store stock, and, to explain the position of the local markets, we cannet do better than quote an example that carae under our own notice. A mob of store cattle purchased m the month of January at £4 per head, were re-sold this month at .4*2 per head, or just half of their original cost, after being on grass for three months. Sheep have not fallen to such an oxtent, but still we believe that stores can be bought fully 25 per cent, lower than m the month of January last. Oats show a diminution m price, whilst wheat cannot be produced at a profit to the grower at present market rates. Unless there is a strong demand m Australia for New Zealand produce m the spring, or a considerable rise m refrigerated mutton m Great Britain, the New Zealand farmer's lot will not be a " happy one."
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Bibliographic details
Manawatu Standard, Volume X, Issue 3, 1 June 1885, Page 2
Word Count
206HARD TIMES DOWN SOUTH. Manawatu Standard, Volume X, Issue 3, 1 June 1885, Page 2
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