69["The Pastoral Industry", The West Australian, Monday 12 January 1914, page 7]

THE PASTORAL INDUSTRY.

AN IMPORTANT DEVELOPMENT.

For some time past rumours have been in circulation that British and American firms were competing strenuously for the purchase of pastoral leases in the north of Western Australia. On Saturday definite information was secured to the effect that British interests had prevailed, as the Union Cold Storage Company, an English firm, had that day secured the pastoral interests controlled by Messrs. Copley Bros. and Patterson in the far North of this State, and entered into immediate possession. The properties which have changed hands, together with about 140,000 head of cattle, include the Ord River, Sturt Creek, and Margaret River stations, in East Kimberley. In addition, the company have secured the Wayville station, also in the north of Western Australia, from the executors of the late Mr. W. F. Buchanan, of New South Wales, and it is understood that negotiations in connection with other leases are proceeding. Mr. Copley, when questioned by a "West Australian" representative regarding the amount of the purchase price, withheld the informations on the ground that it was a matter of private concern.