WELLINGTON, Tuesday.
At the meeting of the Wellington T?rus^ ,J,pan Investment lsi\ Edward Pe'arcc, chairman of directors, 'said the year that had just passed was one during ; .wh^ch i the /moneyT market underwent a remarkable change. At the 'cdmtrielce-neiit'of ilife yearf money 1 Was 'abundant and cheap, and 'continued so for seteral (months. All , at once;; as it were, men dealing in finance began to realise that a gradual hardening tendency had set jn ?) and before the- ,end of the year the banks were paying 50 'per cent, more 'on i deposits than they ! found it necessary to give twelve months | before. He (Mr Pearce) was not PffJW r ?# iFftk fi^y conclusive reaponsion thift change. Ify'wpii -satisfactory lo notice, he continued, that the stringency which aros^ ? gu^te.,latejy. fr was already rW,ftPt. a^ AH kopecT we miehfc look to a tetijrn ,pf a normal j&flfclfif , things in theimriieaiate future. A shock of .earthquake. was felt here at tsri o'clock last night. ' It was also felt
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Waikato Times, Volume XX, Issue 1653, 8 February 1883, Page 3
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164WELLINGTON, Tuesday. Waikato Times, Volume XX, Issue 1653, 8 February 1883, Page 3
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