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[Page 520]

Oriental Club,
Hanover Square, W.
4 Feb. 92

My dear Mrs. Onslow.

Many thanks for your letter by the last mail.  Your account of the low prices of the cattle and sheep is very discouraging to large holders.  I trust the low prices will establish more meat preserving Companies in Queensland, where the bulk of the cattle are brought from.  I am sure that the low prices will scarcely pay droving and other expenses of reaching the southern markets, so that we may expect better prices soon.


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