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The Cash Drapery Co. are now daily opening up new goods suitable for the season, and people would be well advised to call and inspect the Jines. The prices are right and there ?a a wide range to select from.

In commenting upon the position of the money market, the "Trade Review" show s that the excess of deposits in the hands of t!he banns ?t the end of September was an 'ncrease of £584,445 on the previous quarter, and practically eleven times what it was a year ago. "This is, of course, the result of the splenddi returns received for our exports, coupled w*th somewhat reduced importations" (?ays the "Review"), "and it gives the bank s an ample supply of funis to meet any calls that may be made on tfhem. The £2,000,000 Government loan about to be raised locally will absorb a fair amount of these funds, and ordinary business requirments will utilise some also, but it would appear that there will be ample margin to work on. Our export season which is just starting gives promise of excellent returns, owing t$ the high prices that our principal products command, and it appears unlikely that importations will be very heavy for a time, so that the balance of trade will apparently continue well in our favour for some time to come, and thus keep up a good supply of money generally."

Wanted—tfou don't know how delicious a cup of tea can be until you try "Desert Gold'-' Tea. Test its superior quality to-day. .

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TAIDT19151016.2.16

Bibliographic details

Taihape Daily Times, Volume 7, Issue 319, 16 October 1915, Page 4

Word Count
255

Untitled Taihape Daily Times, Volume 7, Issue 319, 16 October 1915, Page 4

Untitled Taihape Daily Times, Volume 7, Issue 319, 16 October 1915, Page 4

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