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THE RETURN OF CONFIDENCE

BETTER CONDITIONS GENERAL (BRITISH OFFICIAL YriF.ELKSS.) (Received March 19. 5.5 p.m.) RUGBY. March 17. j Speaking at the annual dinner of , the provincial brokers of the Stock ; Exchange at Hull, Mr C. A. Nichol- j stated that there was far more ' confidence in the industrial and j commercial world to-day than at | any time during the lest few years. J He said that trade wa? improv- } ing, unemployment was decreasing, > bank clearings were up, railways ; traffic figures were rising, com- i parries' reports were better, and | dividends were higher. Above all, ! there was a big weight of money j pressing down all interest rates and j levering up investment value. i He added that during the years j of depression everyone had become ; far more efficient, and costs had j been reduced in praciicaily every ' industry.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19340320.2.68

Bibliographic details

Press, Volume LXX, Issue 21118, 20 March 1934, Page 9

Word Count
140

THE RETURN OF CONFIDENCE Press, Volume LXX, Issue 21118, 20 March 1934, Page 9

THE RETURN OF CONFIDENCE Press, Volume LXX, Issue 21118, 20 March 1934, Page 9

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