PRESS COMMENTS.
Some merchants are likely to be carried away by the fact that there is every probability of an increased output of dairy produce and wool values are likely to he steady, hut it would never do to base opinion entirely on these possibilities. The fall in produce prices began with the return to the gold standard, which is equivalent to saving when deflation commenced This deflation is still in progress, and commodity prices must conform to the new values: The tendency of all commodity prices is steadily downwards. Manv business people are carried awav in the fluctuations, as when prices advance they believe they have come t ■ staV and the wish becomes the parent of the thought. The trade figures of the Dominion are not so satisfactory as one could wish, and unemploymeii, must continue.—“ Wanganui Herald.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/HOG19271107.2.38
Bibliographic details
Ngā taipitopito pukapuka
Hokitika Guardian, 7 November 1927, Page 3
Word count
Tapeke kupu
139PRESS COMMENTS. Hokitika Guardian, 7 November 1927, Page 3
Using this item
Te whakamahi i tēnei tūemi
The Greymouth Evening Star Co Ltd is the copyright owner for the Hokitika Guardian. 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 Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in