The Wairarapa Daily. SATURDAY, MAY 29, 1886. THE PRICE OF WOOL.
TP ;Pi:o'R.uientr of tlia Ghriatgh.iii:oh ClVambor of Oomjiiiprdp, 'St a. recent genorsil meeting of nrmnbers, dwe'lt'at «6m.n length 'on the pricn of/wppl and the fiVtuVojtroapects: pf. .tho wool. iinrtiv jket, •We should;'be glad ~tp see the Wetlmjj'tiiri Chamberof Commerce discußsinjj.BiriiilaF pbj.ii.cts, as. tlio prosjiorltiy■ of bo.iinCry district :jo «p. iulpfifily conneotftfl: : .wi.th the wAlfaro :of .thfli; ib ia.R: iirtd sign when it is ]oafc- ; eight oi ! \t.lipafi.'..w.hq. dwell -in . the from; the dobr:'of large Action: "Hnyyjm^ ;prieAßes>;tl)e/ Colony., ; from ;.one ". end. to: anpthm';:,. awlglad jq-lfiarn from ; . as'ifePresident .pfthe-Christctiuroh (yhambor.that.th'ere'; jß3b\v;; ;aft reasonable ; prosppct ■!s■}& moderate recovery.iivflellingrateß, ; ; He; .considers that the. stocks ..in. : manufaO; tnrera hands are by no means.heavy;; and tlmi.the reyival'in trnde ; .'whioh;,"js. expected at home will favprahlyJjinflii-; ence the.wool market. \He also points but that although the prices that were bnee realised for .this staple.are uu- ; likely to he again reached, 9.fair average profit to wooKgrowers roiay' he reasonably ('expected.,■>' The '■. world's price level appears tp- have-been permanently lowered,/■ and sheep farmers will have to meet fchtn inevitable condition, by;diminishing ; the cost of production. Tt is, estimated thatthe worlds produce of wool amounts to about two thousand millions of Sjb per annum, and out of tliis New Zealand supplies only seventy, or about a twenty fifth portion of the total yield,
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Wairarapa Daily Times, Volume VIII, Issue 2307, 29 May 1886, Page 2
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224The Wairarapa Daily. SATURDAY, MAY 29, 1886. THE PRICE OF WOOL. Wairarapa Daily Times, Volume VIII, Issue 2307, 29 May 1886, Page 2
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