In its monetary article the Lance states :—The London wool 6 ale a continues to sc® values at a high » level, and the gain to .the colonies by the recent advances in the prices must be enormous. It is so much additional ‘income* and the money will he Well spent in further developing the. resources. It means a good deal to-New Zealand, for the increase in wool values compensates for losses in other directions, and atsures a prolongation of the prosperity we. have been enjoying. The growlers and croakers who have been deploring the slight dnlness. in. trade experienced during the-worst of the Wet weather will have tb find some other occupation. Taken all round, ‘ qur products are selling fairly well, and there is absolutely no reason why there should be ant) anticipations of a .visit of depress Si'Qllj •
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GIST19050721.2.33
Bibliographic details
Gisborne Times, Volume XIX, Issue 1512, 21 July 1905, Page 2
Word Count
139Untitled Gisborne Times, Volume XIX, Issue 1512, 21 July 1905, Page 2
Using This Item
The Gisborne Herald Company is the copyright owner for the Gisborne Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.