THE SILVER LINING.
TRADE RECOVERY AT AUCKLAND Fatter butter-fat cheques have brought the open season for pessimism to a close, and there is a feeling in commercial circles in Auckland that the farmers’prosperity has changed the business outlook. Trade in Auckland in on the mend slowly, and even unemployment lias not stood in the way of the flood tide of optimism. Discussing the business prospects, an Auckland reporter stated that- shopkeepers were ordering goods on the assumption that trade would be brisk for the opening of 1928. Ambitious building schemes are under way in the business nucleus of the city. The new view follows well in the van of the outlook of the country. The director of an Auckland organisation which maintains 42 country department stores, stated last week that every branch has reported a signal recovery for September. Perhaps even better than an increased demand for goods was the marked readiness among farmers to settle accounts incurred during bad times. Thousands of long delayed payments were made in September. Credit which had been sadly strained during the previous four months was made good, and there was something over to buy a new harness far the old farm horse or a new tire for the all purposes farm car. “The outlook for business is the best for three years, and it is gratifying that the fanners’ optimism is directed towards catching up arrears, rather than indulging in a hectic rush into new extravagances,” said the manager of a firm conducting an extensive business in many centres of the province. I
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Bibliographic details
Hawera Star, Volume XLVII, 22 October 1927, Page 10
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260THE SILVER LINING. Hawera Star, Volume XLVII, 22 October 1927, Page 10
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