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THE FINANCIAL PANIC.

j: SectiTt Not. 11, 9M pjn. London, November 11. Ihe Kef York correspondent of tbe IB— ttatct that while then b a mo■nrtary calm in New York, and the TTTlf—f tmaUe* have been rdieved by tta btax of gold, the industrial centre* bars not Jmcb Btmilarly eaicd. Ia many places outside the largest tHaw, Oouing Houae cheque* are freely Wad aa paper money. Manufacturers, ■sable to get their bills renewed, are ■Mrthtog rigid economies, dismissing their raiployees and cancelling orders for work. T/adlllg Vew York lankers prof«i, to be entisfied with the financial outlook, bat the restoration of the equilibrium in industrial centres will be slow.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/TDN19071112.2.16.5

Bibliographic details
Ngā taipitopito pukapuka

Taranaki Daily News, Volume L, Issue 61, 12 November 1907, Page 3

Word count
Tapeke kupu
109

THE FINANCIAL PANIC. Taranaki Daily News, Volume L, Issue 61, 12 November 1907, Page 3

THE FINANCIAL PANIC. Taranaki Daily News, Volume L, Issue 61, 12 November 1907, Page 3

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