CONDITIONS OF TRADE.

King Country Chronicle, Volume IV, Issue 217, 16 December 1909, Page 5

CONDITIONS OF TRADE.

The "New Zealand Trade Review" reports that conditions continue to be fairly easy and that money is readily available for all reasonable and legitimate purposes. In the ordinary course the bank returns for the December quarter show the effect of advances made to wool farmers and other producers for the handling of the season's products, while in the following quarter the returns benefit liberally from the realisation of these goods and their exportation to the markets of consumption. The present season is exceptionally early. The wool sales show substantial increased quantities brought to market, while an unusually large proportion is being sold, and at very satisfactory prices. Dairy'produce is also going forward in extra large quantities. The bank returns for the current quarter, when they come to be published, can scarcely fail to show that excepionally large amounts have been brought to credit from these sources. The large proportion of the season's exports go forward, however, in the March quarter, when the excess of exports over imports always amounts to some millions. The journals add that on the whole trade prospects the world over are encouraging, and the Dominion is in a good position to profit by favourable conditions.