THE MONEY MARKET.

Taranaki Daily News, Volume LII, Issue 228, 1 November 1909, Page 2

THE MONEY MARKET.

lie Trade lieview, commenting upon i-ie position of t ln- money market, says '. M !" v ' ""'"i* tonliimi! tu be in Die uirection uf increasing ease. The bank .yuriis, contrary to expectations, dw-cio.-c a decrease in advances ami an indense. 11l deposits. The ordinary experiences ol the September quarter are an ewws imports over exports and demands trum country districts for the wherewithal to prepare ilm [ remove tile f. wu "' '7 ul . otlll ' r products. These 11.1 tin ally result 111 an increase of adliinccs 1111,1 a ,1,.,-reare of deposits. The«c ;ae;Ors hare been at work on the preseM u.asion, but their effects have been ,''f U><: l-avy loans tha" ■ u been obtained m Great ilritain by o».vernii,., bodies, as mentioned by L id;'t l:J!i,nk of Xew Zea I , "cent am,,,.,| mct . tiu „ uf ; ; ' l „t t .'o;,- 'rile l ot .al bodies have, ■ h j- "''"K been enabled 1.1., ol advances and to lod.'e unexI "led balances deposit until needed '""I tile '(.lltl.ll. nf V"• wool Clip l"°n.i> t b 1 e-iv ■ I;'!°' , prodnce both '"™ d ado,- • VOUd P reviou s f'ivorabli; jn'iri-,.1 "M* J'he sub<t,;„i' U tu bu «»urcl. e'ni raging an I'fu'-eUielinlcesoUhe'S 1 " ssasss