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Newspaper
Ashburton Guardian
Location
Ashburton, Canterbury, New Zealand
Date
Dec 09, 1912
Page
6
London reports a steady wheat market with Australian January 1 shipment at 37s and 6d for a parcal afloat. Prices include 36s 6d and total shipments listed: 2,340,000 quarters for the continent, 1,925,000 Atlantic, 520,000 Pacific, 15,000 total Europe, 1,225,000 Australasia.
Reports from major wool centers indicate broad expansion in the woollen trade as fears of wool scarcity after March drive demand. Mills in America run hard with foreign wools, especially crossbreds, likely to see strong demand. sales closed with competitive openings, top making greasies slightly down while good scoureds hold, faulty scoureds and grassbreds up about 10 percent, secoured slipes 5 to 74 percent higher.
Sydney December 9 Judge Heydon revises his prior stance in the Arbitration Court saying cost of living rises should not automatically be treated as a wage rise. He questions whether wage increases create higher living costs and notes the complexity of attributing price changes to wages. He reserves the right to change his mind as cases vary.
In a ruling, Judge Heydon asserts the living wage is absolute for workers receiving the basic wage and cost of living rises justify increases. He notes higher earners might gain less from such increases unless legally prescribed, contrasting market regulation with statutory living wages.
Instructions from C Roberts Usq to clear his live stock on December 12 at Windermere. Stock includes 200 sound and failing mouth ewes with lambs, 200 three quarter bred ewes, 160 three bred ewes with lambs, 45 ewes and lambs, 30 vat ewes, plus 196-tooth Border Lew Rams and etc. Household furniture car piano lathe and more to be sold at Wills Street West with a Stewart motor car and other items. Auction by Arnay Stephenson.
For sale perpetual leasehold at Alford Forest office with a two roomed dwelling. Located near Wakanwi Road Hampstead and suitable for grazing. Price quoted at 18 pounds per ton, reference Guardian November 12, 1912.
Beaumont description covers 2000 acres Freehold with 800 under cultivation 1506 sheep 1000 fattened last year crop yields 50 bushels wheat 80 oats good buildings easy terms four pounds per acre three miles from post office school and railway. Tapanui listing notes 34 acres within 100 yards of railway station and dairy factory seven room house stable barn implement shed magnificent land price 850 pounds good terms.
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