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DOMINION'S EXPORTS.

TEMPORARY FALLING-OFF. SIGNS OF RETURNING PROSPERITY. By Telegraph.— Press Association.— Copyright. LONDON, 7th July. At the annual meeting of the National Bank of New Zealand tho chairman, Mr. Logan, said the dominant note in New Zealand during the past year had been the financial stringency, mainly due to a reduction in the value of the export surplus. Instead of there being a comfortable margin of profit to cover interest on loans, said the chairman, New Zea* land's exports had done little more than provide the cost. Exports recently had shown steady improvement, and the outlook justified the hope of an early return of New Zealand's, accustomed prosperity.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19090708.2.71

Bibliographic details

Evening Post, Volume LXXVIII, Issue 7, 8 July 1909, Page 7

Word Count
109

DOMINION'S EXPORTS. Evening Post, Volume LXXVIII, Issue 7, 8 July 1909, Page 7

DOMINION'S EXPORTS. Evening Post, Volume LXXVIII, Issue 7, 8 July 1909, Page 7