THE FINANCIAL OUTLOOK.
-' . ■ ■ ? ■'*. A correspondent of an Auckland pa~per points out that there is need for. caution in financial matters. in view of tine probable stringency; - of "' money market before long;-He points out that >a period o lean years is not .unlikely to succeed the recent cycle of prosperity, While he contends that there is need for caution generally, there is no occasion for undue anxiety. Financial people are vdewling .with some inisgivinigs' the abnormally high prices that are being paid in Miany cases .for country Hands, and these inflated land values wil undoubtedly be searched out if any suspicion of a. depression, comes along. Money is in active .demand all oyer New Zeaiantf either for the financing of land operations', or to provide the ways and* means for the building Iboom -that is so much in evidence in a good many,towns: just now.
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Wairarapa Age, Volume XXXII, Issue 10527, 15 January 1912, Page 4
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144THE FINANCIAL OUTLOOK. Wairarapa Age, Volume XXXII, Issue 10527, 15 January 1912, Page 4
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