FINANCE AND TRADE.
" There is not much noticeable improvement, so far, in the condition of the local money market " (states the " Trade Review "), " but we believe there is a tendency towards some measure of improvement. This can hardly be expected to be a very decided movement for some little time yet at this time of year, bvit the outlook appears fairly promising. The Dominion's trading figures for the twelvemonth to June oO show a decided improvement over the preceding twelvemonth. . . The balance of trade is much better than it was a year ago, though there is still room for improvement, and it is highly desirable that there should be a larger balance. The value of exports is keeping up splendidly, and the month of July shows further improvement. Business generally continues fairly active. . . In about another month the dairy produce will start, and the taoney from this will be circulating in country districts, and assisting business generally. As far as can. be seen at present the outlook for the season appears very promising."
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Northern Advocate, 22 August 1913, Page 3
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173FINANCE AND TRADE. Northern Advocate, 22 August 1913, Page 3
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