BRIGHT SPOTS IN THE NEWS
“Confidence is the herald of prosperity.”—Lord Bledisloe. Buoyancy of revenue for July is shown in official statements Issued by the Commonwealth and New South Wales State Treasuries. The Sydney wheat market is firmer, prices having advanced 2d a bushel during the last week. Cabled reports received in Wellington show a firmer tone in the London butter and cheese market Prices have definitely risen since last Friday and are still advancing. “In no less than 24 commodities record imports from oversea British possessions were reached in 1931, and in respect of many of them the Increased turnover has more than made good the loss consequent upon their reduced value.”—Lord Bledisloe speaking at Christchurch. A Jersey cow in Taranaki has broken the Dominion breed record with 10621 b. of butter-fat in 317 days. A stimulating and immediate effect upon the world’s markets is expected from the report adopted by the Imperial Conference’s Committee on Monetary Policy. The report is described as the Empire’s financial prououneeixieat to th® world.
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Dominion, Volume 25, Issue 272, 12 August 1932, Page 10
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171BRIGHT SPOTS IN THE NEWS Dominion, Volume 25, Issue 272, 12 August 1932, Page 10
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