NATIONAL BANK OF NEW ZEALAND.
Received July 7, 10.55 p.m. LONDON, July 7. Mr Logan, presiding at a meeting of the National Bank of New Zealand, said that the dominant note in New Zealand last year had been he financial stringency, which was mainly due to the reduction in value of the export surplus instead of there being a comfortable margin of profit to cover interest on the loans, New Zealand exports had done little more than provide the cost of export. The recent steady improvements in the outlook justfied the hope of an early return to New Zealand's accustomed posperity.
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Wairarapa Age, Volume XXXII, Issue 9537, 8 July 1909, Page 5
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101NATIONAL BANK OF NEW ZEALAND. Wairarapa Age, Volume XXXII, Issue 9537, 8 July 1909, Page 5
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