NEW ZEALAND’S PROSPERITY.

Stratford Evening Post, Volume XXXI, Issue 4, 21 August 1911, Page 4

NEW ZEALAND’S PROSPERITY.

Mr .1. IT. 15. Coates, general manager of the National Bank of New Zeal and, who was in Sydney lust week, on i is way to Brisbane, informed an interview'd' that there was no depression in New Zealand,, and the Dominion was in as sound and healthy a condition a.r it aver bad been. 'J i;p number of arrivals over departures in New South Wales was generally to be ex-

peotcd at this time of the year, when jHearers and freezing works employees .Mine from New Zealand in order to yet in the season. These figures would show in the opposite direction later in the year. Apart, from the Imp in wool, which had affected the .mines of exports in New Zealand and Australia alike, the Dominion was as prosperous as ever. A number of Vow Zealand landowners had taken up large areas of sheep country in Queensland, whilst others had bought and sold again at a substantial profit. Mr Arnold Williams, one of the largest landowners in the North Island, was much struck with the possibilities of the northern province, and had, within the last, few weeks, taken up a big extent of country, and Mr Acton Adams, a big run-holder in Otago, was accompanying him (Mr Coates) to Bris>ano on a similar mis’sion. Other station-owners in New Zealand were looking to Queensland for properties, and a number had already secured holdings there. Mr Coates said that ho preferred not to deal with any questions affecting the financial business of the Commonwealth or of New Zealand, tie was making the present trip solely for the benefit of his health.