FINE FINANCE.
According, to- .those'; \ve«- have, to de-, J ; p?.nd to in matters financial',. will for the- next few months ibe. .w~'~>;fc termed tigilil. Tho.se ,who at the present time aire compelled to go can the market for money find that already the rate of interest has peircep-t-Yjly hardened.. 'l'he cause jn New Zealand at 'anyr'ale is undoubtedly iover-,buying. .Whenever our impoirius exceed our exports, money hardens, and .there is always a tightness until the balancei is inverted. This iwith New Zealand is net likely to happen' for some imcAbhs .yet. The result of this - tightness of money is evidenced by the f ,;t cf hokkfis of ,wholesale stocks of, say, dirapery hekg .willing to turn t'liem inito' cash at. ;a heavy discount, and this. is M'here , the iW.F.C.A. drapery department is able fco step im' and .take advantage. In ithe windows cf ,tbie will -be s'howni on> Wtedn'esday mlany hundreds cf pounds' worth of drapery, .which will, be offered at 8 a.um, on Saturday, the'22nd- inelt., at prices that 'W.IL cause one to realise ,the power 'of re'ady .money, ilt will really pay io wait till then. w
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https://paperspast.natlib.govt.nz/newspapers/WAG19120618.2.22.10
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Wairarapa Age, Volume XXXII, Issue 10662, 18 June 1912, Page 5
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190FINE FINANCE. Wairarapa Age, Volume XXXII, Issue 10662, 18 June 1912, Page 5
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