Fix this text
THE
Fix this textAUSTRALASIAN PASTORALISTS’ REVIEW:
Fix this textA MONTHLY JOURNAL AND RECORD
Fix this textOf all matters affecting the Pastoral and Landed Interests throughout Australasia,
Fix this textNo. 8.
Fix this textOCTOBER 15, 1897.
Fix this textVol. VII.
Fix this textNOTICES.
Fix this textThe Review of the Pastoeal Situation contains letters from
Fix this textspecial correspondents in New South Wales, Queensland (North and
Fix this textSouth), Victoria, South Australia, Western Australia, New Zea-
Fix this textland (North and South), Great Britain, and South Africa.
Fix this textThe Manager desires to make intimation to our Queensland
Fix this textsubscribers that, notwithstanding the recent postal regulations,
Fix this textthe Review will be forwarded to Queensland addresses without
Fix this textany extra charge.
Fix this textEditorial Notes.
Fix this textThe weather reports this month continue favourable, excepting
Fix this textfrom Western Queensland, which is still in a bad way. The
Fix this textgreater part of New South Wales and Victoria have had fair rains
Fix this textduring the month, so that the pasture is well soaked, and a good
Fix this textharvest almost assured. In South Australia the reports are not
Fix this textso favourable, but, generally speaking, the fair prospects we
Fix this textreported last month have improved since then. What with good
Fix this textprices for wool, stock, and wheat, settlers are, as a rule, in good
Fix this textheart, and inclined to minimize the effects of the drought,
Fix this textespecially as the clip is looking better than was expected. But
Fix this texteven if the price makes up for the deficiency this year, the effects
Fix this textof the drought will be felt for a long time to come, and there is no
Fix this textdenying that the pastoral industry has had a nasty fall. But it is
Fix this textWell to be thankful that it is not as bad as it might very easily
Fix this texthave been.
Fix this text* *
Fix this text*
Fix this textThe Australian wool sales have opened most auspiciously. As
Fix this textcompared with the corresponding period last year, there is an
Fix this textadvance of from Jd. to Jd. per lb. on fine wools, and a trifle
Fix this texton crossbreds. The market shows every sign of buoyancy,
Fix this textand buyers are competing keenly. It is always difficult to ascer-
Fix this texttain the exact causes of changes in the wool market, but there is
Fix this textno doubt that the large American purchases in the early part of
Fix this textthe year have left the supply of Merino wool in Europe extra-
Fix this textordinarily short at the present moment. The heavy shortage in
Fix this textthe Australian clip points to the supply remaining short through-
Fix this textout 1898, and the only question as to the maintenance of good
Fix this textprices would seem to lie in the demand which, owing to bad
Fix this textharvests, strikes and other lowering conditions, appears unlikely to
Fix this textbe strong in Europe unless it is supplemented from America,
Fix this textwhich would make all the difference in the world. America has
Fix this texttaken a quite extraordinary quantity of wool of late, and there is
Fix this textthe tariff barrier to count with, but a new era of prosperity
Fix this textappears to have set in in the United States, and when that is the
Fix this textcase there seems to be no limit to American demand. Fashion is
Fix this textalso said to be coming to the rescue of fine wools.
Fix this textA rather curious point that is worth noticing as bearing on the
Fix this textquestion of whether to make hay while the sun shines or to ship
Fix this textin the hope of still greater profits is that nearly all the substantia'
Fix this textadvances on wool values, such as that which has recently and so
Fix this textopportunely taken place, have occurred late on in the year, when
Fix this textthe Australian selling season was either about to begin or had
Fix this textalready started. In 1895 the upward movement reached its zenith
Fix this textin September, while the same thing was noticeable in connection
Fix this textwith the advance in 1894. In 1889 wool began to improve its
Fix this textposition in the month of July, as happened this year by the way,
Fix this textand the memorable rise which then took place did not reach its
Fix this textculmination until December. Again in 1888 the wool market was
Fix this textat its best during the three last months of that year and in 1886—*
Fix this texta year that will not speedily be forgotten by those who deal
Fix this textlargely in wool—there was a splendid rise between July and
Fix this textNovember. All these times of excitement were in due course fol-
Fix this textlowed by a reaction, and in several instances by a long stretch
Fix this textof depression. This may not happen in the near future, seeing
Fix this textthat the world’s supply of Merino wool will probably be smaller
Fix this textduring 1898 than in any year since 1886, but our clip is late this
Fix this texttime, and prospects point to London being very heavily supplied
Fix this textabout March, April, and May next year.
Fix this text* *
Fix this text*
Fix this textThere is a great deal of complaint again about the low prices of
Fix this textmeat in London. But the reason is plain enough. Most people
Fix this textimagine that because there has been a drought, shipments have
Fix this textfallen off ; but this only applies to the last two months, which have
Fix this textnot had time to tell yet. During the eight months ending 31st
Fix this textAugust last the arrivals in London showed an increase over those
Fix this textfor the same period last year of 107,000 carcases of mutton and
Fix this textlamb from Australia, 159,000 from New Zealand, and 117,000 from
Fix this textArgentina. Eemembering that the supplies last year were greater
Fix this textthan the market could absorb, it would have been a very extraor-
Fix this textdinary thing if prices had been better. Our London correspondent,
Fix this textwriting on 3rd September, states that the cold stores are so choked
Fix this textwith meat that the Hornby Grange had to be used as a supplemen-
Fix this texttary store. With so large a quantity in store to be worked off, it is
Fix this textimpossible to be very hopeful; but the records of Australian ship-
Fix this textments during the last two months show a marked falling-
Fix this textoff which is likely to continue for some time, and similar
Fix this textnews comes from New Zealand. The low price of beef is
Fix this textaccounted for by the large American supplies of chilled beef, which
Fix this textpractically rule the market. It is this feature which makes frozen
Fix this textbeef the most unsatisfactory of articles of commerce, though it has
Fix this textto be added that bone-tainted and inferior beef has recently added
Fix this textto the difficulties of increasing the demand for Australian frozen.
Fix this textThe American supply is a factor beyond our control, but if more
Fix this textcare were taken to freeze only young and well-fed cattle there is no
Fix this textdoubt that frozen beef would stand better with the British
Fix this textconsumer than it does.
Fix this textIt's easy and takes two shakes of a lamb's tail!
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http://nla.gov.au/nla.obj-540335160
(1891). The Australasian pastoralists' review : a monthly journal and record of all matters affecting the pastoral and landed interests throughout Australasia Retrieved May 30, 2025, from http://nla.gov.au/nla.obj-540335160
The Australasian pastoralists' review : a monthly journal and record of all matters affecting the pastoral and landed interests throughout Australasia Melbourne: Twopenny, Pearce and Co, 1891. Web. 30 May 2025 <http://nla.gov.au/nla.obj-540335160>
1891, The Australasian pastoralists' review : a monthly journal and record of all matters affecting the pastoral and landed interests throughout Australasia Twopenny, Pearce and Co, Melbourne viewed 30 May 2025 http://nla.gov.au/nla.obj-540335160
{{Citation
|
| title=The Australasian pastoralists' review : a monthly journal and record of all matters affecting the pastoral and landed interests throughout Australasia.
| year=1891
| section=v. : ill.
| issn=0314-7096
| issue=Vol. 7 No. 8 (15 October 1897)
| location=Melbourne
| publisher=Twopenny, Pearce and Co
| url=http://nla.gov.au/nla.obj-540335160
| id=nla.obj-540335160
| access-date=30 May 2025
| via=Trove
}}
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