Volume 60: William Campbell letters, 1846-1894: No. 477
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Home/Macarthur family papers, 1789-1936 [First Collection]/Series 06: Emily Macarthur correspondence, 1838-1879, Macarthur-Onslow correspondence 1846-1929, and other correspondence and papers, 1815-1894/Volume 60: William Campbell letters, 1846-1894/Volume 60: William Campbell letters, 1846-1894: No. 477
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Transcription
[Page 477]
[Following on from Page 479]
3)
Property in Sydney and Brisbane has risen much also, but as the rate of interest is high, the boom in land purchasing will probably slacken for a time. The drought is also having a depressing effect, and many hard working settlers will be ruined by it. The rise in the price of wool (about 10%) will compensate flockmasters to a considerable extent, and early copious rains may restore their prospects again.
I am glad that Mr. Onslow is pleased with his purchase. Will you give him my kind regards.
Please remember that I seldom go out before half past one our luncheon time, and if you give us the pleasure of a call come to luncheon when you will be
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