CURRENT TOPICS.
THE MONEY MARKET
"The local money market continues steady, showing very little alteration since our las; issue (says the Trade Review.) The bank returns for the quarter just clos.'j should be out next week, and these may be expected to show furtt"er improvement in the supply of funds as compared with three months ago, due to realisations coming in from the season's output. The export season, now practically closed, has proved a splendid one, eclipsing all previous reccrds. For tin year to March 31st, there was an increase of over a million, and the two months following that showed a further increase of over a million, also exports were maintained during .June. Though, this is making funds more plentiful for the banks, and will cause considerable benefit generally, the next few months will witness (heavier demands on the banks, and consequently rates can hardly be expected to ease materially, though there will be an ample supply of funds for all legitimate requirements.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19140715.2.21
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, Volume LVII, Issue 49, 15 July 1914, Page 4
Word count
Tapeke kupu
164CURRENT TOPICS. Taranaki Daily News, Volume LVII, Issue 49, 15 July 1914, Page 4
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Taranaki Daily News. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in