BETTER PROSPECTS
AUSTRALIAN MONEY MARKET EASIER', GOOD SEASON FOR PRIMARY PRODUCERS. i•L ' ' United Press Assn, by El. Tel. Copyright (Australian Press Association.) , SYDNEY. Dee. 31. Commercial arid financial institutions are looking forward to the new year optimistically. Tlipy declare thatj the “money market is easy and banking .resources larger than a year ago. The restrictions upon advances have considerably* relaxed within recent months, and the season has been good for primary' producers of New South Wales,'Victoria, and Soiith Australia! The Western Australian wool clip also is of considerable dimensions, and realising good prices. There is a substantial wheat harvest, fit least 100,600,000 bushels 'being available for export, \ •Summed up, commercial circles say the outlook promises well for a normal year. ■ \ , •
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Bibliographic details
Gisborne Times, Volume LXIX, Issue 10783, 2 January 1929, Page 5
Word Count
120BETTER PROSPECTS Gisborne Times, Volume LXIX, Issue 10783, 2 January 1929, Page 5
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