The Rise In the Price of Wool.
Says '« Puff " m the Wellington Pro* : — A prophet ! He wae right about th» wool ! It seems to me a sharp rally of price must inevitably occur ! Who said that? Sir Julius Yogel said so m his Financial Statement on the 25th of May 1 It wai an uncommonly good ■hot, for the price has gone tip 25 p*r cent ! A sharp rally and no mistake ! Dv you think he knew anything about it, or did he only make a guess ? Th« reasons he gave for his opinions art quite sufficient to support it now it has proved correct I When did he expect the rally to take place ? He said " The change may not be immediate, but it cannot long be delayed !" Good for him ! Guess or no guoss, he deservesthe credit of having made a cheering prediction which came true ! Don't you think this rnsh for wool looks as if ». big war were looming ? It may! Th» wire pullers abroad know a thing or two about the markets ; If there is going to be a big war there'll be a run on blankets and horsecloths and cloaks, and wool will go up by leaps and bounds !
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS18860623.2.21
Bibliographic details
Manawatu Standard, Volume XII, Issue 1741, 23 June 1886, Page 2
Word Count
204The Rise In the Price of Wool. Manawatu Standard, Volume XII, Issue 1741, 23 June 1886, Page 2
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in