Volume 01: Production and resources of the northern and western districts of New South Wales, 1854 [ca. 1850-1857] - Page 93

This Station with fifteen thousand Sheep & improvements were Sold at 15/ a head for the Sheep. Tenterden is Situated in the County of Hardinge & is four Miles from Ollera

A Contrast is here drawn to exhibit the Value of property in Sydney & in the interior during the years 1843, 1850, 1851 or year of gold discovery and the year 1854.

During the depressed State of the Markets in the Colony in the year 1850, the few Capitalists then existing found property Sacrificed every where daily, they had more than enough to do with the Capital they had. The attraction which had formerly induced young men from the Mother Country with Moderate Capital had. Ceased, a More prosperous State is now exhibited in the State of every description of property—

FROM MR MORTS PRODUCE CIRCULAR - 19 NOVEMBER 1852.

STOCK & STATIONS: "Notwithstanoing that the difficulties attendant ipon pastoral pursuits during the past twelve months have been most trying and disheartening our Squatters have Managed to fight through them — Fortunately they have had a beautiful Season with a Considerable demand for Store Stock, to Supply the largely increased population of Port Phillip, & the Conviction that a higher Cost in the production of the Staple, acknowledged as it now is, to be absolutely essential to the British Manufacturer —- Must be met by an increased price they have held their own in Spite of every thing; few pastoral properties in Consequence being thrown upon the Market & those have realized fair prices — That first Class Sheep however with good runs Should be selling at 6/ or 7/- a head & Cattle with like Stations at 20/ to 25/. does appear Most astonishing Notwithstanding the difficulties of getting labour — When we Consioer the great abundance of Money, and that the present population of Port Phillip and New South Wales has only to be doubled to Consume the whole yearly increase of both districts

The number of Horned Cattle in the two Colonies is under two Millions and the quantity of Sheep about thirteen Millions — the increase of the former May be estimated at one Seventh or 285,000, and that of the latter at one fifth or 2,600,000 — The average Consumption of the Sydnet population is 400lbs per head per annum, which May be taken as a Safe Criterion for Calculation for the Colony at large, as the Consumption of the Country is Much greater than that of the towns, the population of the two Colnies is now about 400,000 taking the average weight of a beast at 500lbs & of a Sheep at 50 lbs it will be found that an addition to our population of 350,000 Souls will Consume the whole of our annual increase. But even allowing a wide Margin it is evident that double our present numbers would at any rate be equal thereto"

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Volume 01: Production and resources of the northern and western districts of New South Wales, 1854 [ca. 1850-1857] - Page 93

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Volume 01: Production and resources of the northern and western districts of New South Wales, 1854 [ca. 1850-1857] - Page 93

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