“Ufoney is stilt very plentiful hero,’*' remarks tile Trade Review, In commenting- on tile state of Che money market at tile end of June. After skewing that-ti-e excess of exports ofci imports for the last financial year was £7.o:k\74fi, the Review adds:—“With such a splendid credit "balance on our trading aw, ample supply of funds is but the question in the minds of all tercstcd in finance is naturally. long will this condition last-?’ Therein such a tremendous wastage of capital through the war. that a subsequent- . shortage appears inevitable, and we must be prepared for a, period, possibly a few years, when capital will notbe readily obtainable, and rates will rule higher than wo have ste-ea accustomed to. The Government and thcr various local bodies will bo requiring* eaprtal, and If the world’s markets ivr,«r mlxg high, local funds will be absorbj td. 12 nppeax*, tkty#rforo, thar f «*o««V fti plentiful at present, V'ft- : be in>«islMWs»t for it. later -■ 5 l.ftd t*at&s can Sirr'd'y jp« -ft ' rsbt upy
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Bibliographic details
Taihape Daily Times, Volume 7, Issue 245, 6 July 1915, Page 5
Word Count
169Page 5 Advertisements Column 1 Taihape Daily Times, Volume 7, Issue 245, 6 July 1915, Page 5
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