MONEY NOT SCARCE.

Press, Volume LXI, Issue 18369, 30 April 1925, Page 13

MONEY NOT SCARCE.

TRADE SHOWS BUOYANT TONE.

Some of tho leading retailers in the city have not noticed "tbo deplorable slowness with which money is coming in," montioncd recently by a nurseryman.

Speaking to a reporter yesterday, one business man said: "Tbo nurseryman's experience has not been cars. Wo havo found money decidedly easier, especially in tho country. The farmers are able and wining to pay. In many cases they havo received exceptional treatment from the trading houses in tho town, because it was realised that they had had a hard timo sinco 11)30. Tho country pcopl© are. forihe most part, grateful for tho concessions and they make a point of pacing at the earliest possible moment* "Wo find that money is fairly plentiful in big lots. In fact, we hare toned down big sums, which could har© been invested on deposit at low- rates of interest, if wo had liked to consider ihem. It is quit© possible, however, that in certain strata thei* « a money scarcity, hut with tho higher exports of recent months, and also tbo abundance of money in somo quarters, it would seem that bis sums are not easily invested." That' opinion was borno ont by others. The book and stationery retailer* hare heefi placed in an awkward position by the epidemic, for a while. Tfce sale of their stocks of school gpeds. which had been naid for in London, had been hold up locally by tho Health Department's restrictions.