FINANCE AND TRADE.

Hokitika Guardian, 28 June 1923, Page 4

FINANCE AND TRADE.

f OM!lT!li.\> IN BRITAIN. I.iiNDON. .hum --'A. T,:c Stock i a: i. - * is under a eland u N it tie-, im - ad-, er -•■ circunistam es leave - .imbimd to cause depression, anil a i -1-o,:g of urn-:- - in.. t he first and ■tiling me,mm. with Turkey, tlnt he lailure of t wo timnicial linns in New York lave all eoniribuied ;•. the ! cavities'. The priics oi many insurance, hanking, and railway slmie--how d» . There are r.-i premill!.: - on several reeen; ly-ltnat cd is- ..-! ten ably lie ree.-m Au-trian loan. '•':ir 1 \ in the week it changed hands -it LT premium, hut fell yesterday lo PI ing. The collap-e of I tie Cerman "ark again e-.vr- iiadov ■ every! iiing in the oxehemge mail,el. Alt|.otlg!i the il.i v. 11 '.v;t in I movement appears nmiimnl ■ cull to - ■■■ v. i.iit ea it prevent a I'm I her i urn si oi. - licit | Im note i ireislatinti io.' :A,I If! I miilinn marie, a n iin-i cii'C for t he uc-k of l.'ibn ilinimiiid million, the b.earie-l ever icconled. (’oilsllls'llf iiie; oil I he slat c of ! r ole ill Pritain. tic "lieoiiomi-l" slims up the situation t Ini' : Production now i- at a rap- app.MixinriiiMg I he pre-war level. oil! mehdv raisill;.' prior . 1 1 ha - he: i: out unduly r. '-ing i.i:-or couificllin .• employ ns to .oil out scctiriti. - in which j gey hit-1 hive-tod their circulating capital I ting i he depre"ion. I’nli! ! . c- ill I v ti;|. c X p I •! I ' i, 111 lill. hi ell ei.u l : niiMi-, lan the paralysing effect of i he liuhl- 111-ellpat ioll llils at I.IM succeeded in halalicinc. Ike lavoiirahle ill-il'lcin-e.-. and during leiem weeks the ah i.rpiioli of the uuemplove'l ha - 1 ••el! - - hed. I’r.ees have shown a sagging ter holey, lioii.blv in t! - iron and -t. . I markets, am!, most serious of all. ila-i-e are report - from many centre.- of a droid! • ■ : lowing up in l he plm-in ol order-. Many trad:- are still doing im tori mg ill’ll!'-! rie-. lap in the icxt lie iin!ll- l rie- f he doprr'.sion in I. i ilea :. i ■ diog ■ sign- of '((reading to Yi rh-hii v. : cnee i 'ade for 1 h” morn. ■" I I - 1 ii'm I the ( illl im 'll . where • lie arc low for York -hie maun DAIRY ITloDl't'K. lany. end ! hough Dm retail demand Kui-np g ad-led io the eimrmoit-. -ii'el;. in . eld >arc libeU- t,, a-ny

Indeed, many people consider that holders will be forced to accept reduced prices. Canada is now tonkin;/ a wood finality of butter, oi which the -j bulk i- eoilljr to Ameri' a. but the -| fan lie!:-. < •;j■ ■ t to ship a consider- -| aide airomit bent later. Siberia i-nl-o produeino butter. ami probably will export lair quantities in Hrimin and America towards the end of Atl"U'i. -o supplie. for the autumn seem ‘ likely to be plemilul. 1 FRUIT. Tiie apple trade has been suffering 1 a 'Heir, ■et-b-ick ou mo- to the ttn>ntis!''artery londition .u the I’ort Campbell'-. car;, . but the demand remain' excellent. and iuipol iers are bopetn! the; ,!, ; . , IV t oirpv- still to arrive will realise aiiotlt present pile -. Indoubt i-illy. Australian apple shippers Inna mueii to thank our iitelemr-tn elimaie lor. This season cold weather ha-, prevail d both here and on the ( ontiueu:. with a re -nil that our supplies of straw berrie- so lar have bet n alnio-t - 0" e '’bio. olid tin l small quantities which hare arrived are retailing at Ito I - ;td j.,-r lb. rniiiptired with !!d. wliieh is the Usual figure in dlllle. Oilier -mail fruit - nr ais • and dear. Fair quantities ~ Fretieii (berries are j coming nl mu. and reiadino at 1- per 11.. but tbe bom •-crown crop i- small. We are nov. evo ow m on; a spell nl summer we.ti ti->r» w hieh will probably til! i.i-i markets witli i awberricbut 1 their -e:i-iai w ill ir i rie), ami hardly - likclv lo a iicei tiie demand for a pities, - »— qcejailv as those me.v arriving consist I lar.tclv ol Stunners ami oilier hard ] sort .. u i.ieli ret ailm boy I reely ow m ; • to tia'l! poo l keeping (ptaliiies.