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NEW YEAR PROSPECTS

AUSTRALIA'S OUILOOK. Press Association —By Telegraph—Copyright, SYDNEY, January 4. (Received January 4, at 10.50 a.m.) Afr Winchconibe, president of ths Chamber of Commerce, reviewing tine financial position of Australia at tho end of tho year. said that after the first threatened panic at the outbreak of "war the calm, strong attitude of the banks, backed by ample eash reserve?, acted as a tonic to th? commercial community and. engendered a feeling of confidence which, vrith Government, anion, had established a strong position. 'llio eommercial outlook for 1915 was hopeful, although it would bo a year of diminished value of exports, and consequently of dear money and restricted enterprise.

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https://paperspast.natlib.govt.nz/newspapers/ESD19150104.2.52

Bibliographic details

NEW YEAR PROSPECTS, Evening Star, Issue 15691, 4 January 1915

Word Count
111

NEW YEAR PROSPECTS Evening Star, Issue 15691, 4 January 1915

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