PROSPEROUS NEW ZEALAND

Taranaki Daily News, Volume LVII, Issue 6, 26 May 1914, Page 4

PROSPEROUS NEW ZEALAND

, "PLENTY OF MONEY AVAILABLE." Mr Harold Beiuu'liamp, chairman of the Bank of New Zealand, arrived in 6yd- , mey last week as u delegate from the ' New Zealand/ Irani of the A.M.P. Soi ooty.

5 In conversation with fclio represent a' 1 tive of the Daily Telegraph', 'he said he was mumble, peiidhig tlic arrival of docu- ) incuts from London, to dfiselose details I of tihe Bank <rf Xew Zealand's lwJance--1 sh«cit for the year outing March 31, but it had Ik-cu a very satisfactory one. Last ; jwvr the dfirectors ga.vc incrausc® in aala/riios to 'tJio staff, and this year proposes . ta give a 5 pea- cent 'htoln.us in continiufltiion **f the* policy <vf improving the cinoli umeiKtß of wrvfrc to t'lie highest po?«il>lc

: ttejfWe. | "The Duniiiituji," be oontined, "Is enjoying a .siVlidi juxw|»r«.j\ Henty of nr,<m>y is :tvaril:il>V for enterpriso, and irate* <rf limns on mortgage have fallen ik* .V/. fi'iv'n 6 per wnl. 'Jliis *1 ruifi of tin 1 re.Milt.s uf rte lwnl« dobs bttomnn ttef iiu.viii;; rtwntly iwrrtui*l tilioir capiUil. I:i Lim, tJio l,ovwmnMiit is lending fm>iy tlironijli t)ie Advances Department!. Jus viitjr ftwcmvlrd in ■pfln.oinrr (3„. dl' tin- emintry on ii very saMsftftdwy f-iUsn.liltion. W'jien I.V flovntmi-fi ««!««• inl>> ofrVf it was' to Hamte cx.'U'.il emlmrr;Ksetl liv t;ln> ai l lie titcirVi-1. and (lr.-,ni;yl\ l>ein;r oUispvl Io raNf !„ irj , v sunt* in Tiondloti for tflie .redemption <>f (.shout,, dulled Hotiii.i. Tliis li:iv Ik'i'ii overcome. and an aetivo policy is how lirinj,' jmrmiwl of li'iidiiifv ivincy for promotion of soAtloment und 1o sonne extent mteefing the require -iiii'iiU ill |nrl>li<' liodie«. T'nldie Ixmlie* ( tir« iil-i) 'Hiking ;id\ iUiftifrc <>f Uon wliii-'i permits -{mmmii nwney i on OiM-c-ni'iii'iit. KIKIIMI|J,.C for utility pur- ! |U."r.e>a. On: f Tore id !v ;t l."ir.!ff municipal j '<«•« WN flo-.ited 'm Ww y>fllarr<.l, the. i wliole ln-iii;.r iuken liy wvc«*<»m .if fi ]n-r | went. TVs iir.iv appear ee.ni,pared ' wif'i f ln- -I awl 4<,[. prr eent rtdimr faro or f ln- 'i' ycsMts njro, lmi only on ;t parity, w.M:li Mi,- r:i!(.i, jiri'V;ii!li]fj in 1 ,oji.l-mi. , V* e 'h.-ive h;id ii munsf excellent. Si' V'ii.ji, .'»).| i'i i~, I <*<| iltat \Viln n ' pniiln-v Vi'iii* on ,Ttin<! i no , w v.-' 1 -ll.'U ;i (o(;|l of 'Z> 111!| ' ''M ' kl ' ri'-'Di'il. Yrry lii;i"li , f (> ,. g, ]1 I af ;i:r! ilaii'v jirotluw l , ;i;ul if Inml v-thirs If.'vril; 1 m?rT». n* iinlcr-il ihoy "vrn-ll.i tin* sH,i '; klmhv liiriircs llial. Uicr nMo to i;i't yoot!