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.
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Taranaki Daily News, Volume L, Issue 61, 12 November 1907, Page 3
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109THE FINANCIAL PANIC. Taranaki Daily News, Volume L, Issue 61, 12 November 1907, Page 3
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