MARKET PROSPECTS
The latest cable messages from London indicate that the New Zealand delegates to the Confererice are somewhat perturbed at the insistent desire being expressed in Britain for the imposition of restrictions upon overseas primary production. While it can be accepted that the Imperial Government harbours no ill-will towards New Zealand ii is nevertheless plain that it will have to listen very seriously to the advoeates of the agrarian revival in the Homeland. The desire to stop the glut of the British markets is very strong aiid our delegates will be faced with a delicate position during the next few days. It seems just possible, however, that the rise in commodity prices may have a healthy effect upon the produce markets. The financial press to-day eontends that the increased .prices are not the
result of an inflation boom, but rather the outcome of optimism and that there is no reason why they should not remain steady at a profitable standafd, backed by an improved demand. Let us hope that such a forecast will prove correct and that the Dominion representatives will be able to seCure a retention of the open market.
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Rotorua Morning Post, Volume 2, Issue 587, 19 July 1933, Page 4
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192MARKET PROSPECTS Rotorua Morning Post, Volume 2, Issue 587, 19 July 1933, Page 4
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