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TRADE AND FINANCE. A REVIEW.

There is no noticeable change in tho conditions ot this market in New Zealand (says the Trade Review), tho supply of money both in banking circles and in the open market being fairly sufficient for ordinary requirements. The quarterly returns to tlvo 30th September are looked forward to witlv much interest, both those relating to banking business and those dealing with tho imports and exports of the Dominion. As regards imports and exports, the Septombor quarter is the weak period of the year. For exports it is th'e'fag end of the produce year, and tho volume of shipments is always very li"ght, while imports are usually pretty heavy, .ft is practically certain that on this occasion oxports will provo heavier and imports lighter than usual ; but. the Review thinks, it is too much to hope that the excess will not provo to be on tho side of imports. Afc the same time tho Septembor quarter brings with it tho requirements of the producers for the means of preparing and moving tho season's products. For these reasons the coming banking returns cannot be expected to disclose much if any ease in the financial position. Indeed, it is possible that any alteration may bo in the other direction. However, the season is exceptionally forward, and the returns of tho wool clip and of tho dairy trado aro likely to be higher than ever, and to be gathered in at an earlier date. The prospects in tho near future are regarded as very encouraging. On the other hand, our Prime- Minister (Sir Joseph Ward) reports having made satisfactory arrangements during his recent visit to London for the supply of needell funds for tho Advances to Settlers Offie, for works, and for local governing bodies. The money required for these purposes being thus provided 1 for outside tho Dominion, the local market will be relieved of tho demands which in recont years have absorbed funds which might otherwise have been avaijablo for local requirements. Thero_ is therefore every prospect, in the absence of unlooked-for complications, of a steady 'improvement in tho financial position with the turn of the year and thenceforward. The other case upon which Detective Cassells came to England has also proved to be a blank (writes our London correspondent). Once upon a I time a man called Bishop, with the noncommittal alias of Brown, robbed the New Zealand Chief Detective, Mr. M'llveney, of a quantity of articles. He was apprehended, found guilty, and awarded a certain term of imprisonment, in pursuance of which he was being transported from New Plymouth to Auckland to join the prison gang working at tree-planting at Waiotapu, when he jumped overboard from the Takapuna, at the entrance to Manukuu Harbour, nnd swam ashore without «eing noticed. Enquiry showed that Bishop, alias Brown, shipped " oversea from the port of Kaipaia, and he was traced to England, where the police discovered that his wife » was living in a quiet locality at Plaistow, in the eastern' environs of London. Observation gave risa to the suspicion that Bishop, alias Brown, had come home to reside with his wife, and the information was transmitted to New Zealand. Wherefore, Detective Cassells was commissioned to investigate this case as well as that of John Usher, whose failure to appear I reported a week or two ago. He made the most thorough investigation, and has now satisfied himself that Bishop, alias Brown, is not there, and has not been. Detective Cassells, who has been getting some useful experiences in connection with the detective headquarters at Scotland Yard, left for Tilbury to join the China on his journey Home. The annual meeting of tho Kindergarten Union will be held on Friday evening. To-morrow afternoon- a free health talk 1 will be giyeu at tho Vinyi Boome,

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19091006.2.106

Bibliographic details

Evening Post, Volume LXXVIII, Issue 84, 6 October 1909, Page 8

Word Count
636

TRADE AND FINANCE. A REVIEW. Evening Post, Volume LXXVIII, Issue 84, 6 October 1909, Page 8

TRADE AND FINANCE. A REVIEW. Evening Post, Volume LXXVIII, Issue 84, 6 October 1909, Page 8

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