Page 8 Advertisements Column 3

Taranaki Daily News, 12 October 1922, Page 8

L. A. NOLAN & CO ± , HIDE, WOOL AND SKIN BROKERS NEW PLYMOUTH. NEXT SALE NOVEMBER 7. Consignments solicited. Advice cards and addressed labels forwarded on application. WORTHLESS PAPER. THE MARK’S DEPRECIATION. By Telegraph.—Press Assn.—Copyright. Berlin, October ID. Government statistics show that the disastrous collapse of the mark was followed by a big increase of paper money and an unprecedented increase in the floating debt. Business men attribute the collapse to the demands on industry for foreign payments for raw material and the purchase of foreign food supplies. The mark is rapidly lapsing into disuse even in the most minor transactions. Firms are turning their money on deposit, and their reserves, even their working balances into foreign values. They invariably ask for payment in British bank notes. Speculation has become a regular habit of the public, nevertheless the fact remains that the value of bank notes is still mainly determined by the ease or difficulty with which they are obtainable. The more that are printed the cheaper they get. THE BUSINESS THAT PROSPERS The N.Z. Express Company, Ltd. is one Wherein everything is conducted with maximum efficiency and minimum expense. Our Furniture Removal Staff is of expert packers who work expeditiously, saving you time and money. Try us and see the difference. Fires occur when least expected! Be prepared with an “UNDERWRITERS’ ’ AUTOMATIC FIRE EXTINGUISHER. Most efficient extinguisher on the market and most simple in construction.— R„ P. M. Manning Co,, Foresters’ Build--135 Albert Street Auckland. 2