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BRIGHT SPOTS IN THE NEWS

“. . . .It is too soon to say definitely that prosperity has returned, but there are signs of improvement,” said Mr. Albert Spencer, president of the Auckland Employers’ Association, speaking at the annual meeting of that body.

A special report from Cromwell states that prospects in the recently opened claims at Kawarau Gorge are, if anything, better than ever. Some rich yields seem to be assured.

Six new bank premises are about to be built in Napier and Hastings, the aggregate cost being in the vicinity of £48,000. \

Commodity prices bare steadily moved up during the past four months, which eventually must result in the rehabilitation of industry and the return of prosperity..—Mr. Albert Spencer, president of the Auckland Employers’ Association, in his annual address.

Buildings projected in Wellington include the National Art Gallery and Dominion Museum, a new cold store at Thorndon, a block of flats and shops in Rona Bay, Eastbourne.

A belief that British knowledge of finance would lead the world out of its present position and that in nine or twelve months there would be an improvement in our commodity prices was expressed by Mr. Coates when speaking at Pukekohe on the Ottawa Conference.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19321031.2.55

Bibliographic details

Dominion, Volume 26, Issue 31, 31 October 1932, Page 8

Word Count
201

BRIGHT SPOTS IN THE NEWS Dominion, Volume 26, Issue 31, 31 October 1932, Page 8

BRIGHT SPOTS IN THE NEWS Dominion, Volume 26, Issue 31, 31 October 1932, Page 8