THE Hauraki Plains Gazette With which is incorporated THE OHINEMURI GAZETTE. Motto : Public Service. MONDAY, WEDNESDAY, & FRIDAY. WEDNESDAY, NOVEMBER 19, 1924. BRIGHT OUTLOOK.
There appear signs that the Dominion is mi the eve of a period of prosperity. At the first wool, sale of the season in Wellington on Monday prices rose to over 100 per cent, more than what they were last year. It has been repeatedly stated that the number of sheep, in the world has decreased, while the use of wool has gone up by leaps and bounds. The demand far exceeds the supply, and the inevitable high prices are obtained by producers. It is estimated that. £290.000 will be distributed among the sheep farmers of the Wellington province as the result of the sale, Experts declare that prices must continue to increase until the supply equals the demand. This is a splSndid thing for the sheep farmers of the Dominion. The dairy farmer also has cause to rejoice. The l.atest cable from London reports that, the but ter market has a better tendency and improved tone. In the Auckland district a record has been put up in the number of boxes of butter received for grading. The output for the season up to last week showed an increase in the corresponding period of last, year of 98,851 boxes. Judging from the figures to date a great record in butter-fiat production is expected this season. The share market reports a good demand for investment stocks, A recent visitor frpm the Dominion stated that he found everything now working smoothly in London. Money was reasonably cheap and the old speculative spirit was returning. Sure signs of prosperity are to be seen throughout New Zealand. Record sales are reported by many motor car agencies. It is true that present price-lists indicate that the automobile market has never been so low. and the extension of the time payment system has probably given an impetus to the demand. The Auckland agent for one make of American car states that he has sold every car in a shipment due to arrive shortly and has booked orders for delivery well into next year. There is very little heard about unemployment. The contractor for the building of the Dunedin Exhibition has expressed difficulty in obtaining good tradesmen, The same cry is heard from other places, and the "difficulty of obtaining suitable labour is the trouble of every contractor. In Hamilton last month permits for work to the value of £119,969 were issued by the Borough Council, and similar conditions are reported from other places. If Labour agitators and extremists will keep quiet and allow the work of the country to proceed there is every prospect of a speedy return to prosperity.
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Hauraki Plains Gazette, Volume XXXV, Issue 4778, 19 November 1924, Page 2
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457THE Hauraki Plains Gazette With which is incorporated THE OHINEMURI GAZETTE. Motto : Public Service. MONDAY, WEDNESDAY, & FRIDAY. WEDNESDAY, NOVEMBER 19, 1924. BRIGHT OUTLOOK. Hauraki Plains Gazette, Volume XXXV, Issue 4778, 19 November 1924, Page 2
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