THE MONEY MARKET.
MONEY TO BE CHEAP. By Telegraph.— Association Copyright. (Received July 28, 9.55 p.m.) London, July 28. Mr. Felix Schuster, the wellknown banker, says lie is of opinion that the present easy money market is likely to continue, with a general tendency to greater ease. Owing to the low rates England's indebtedness to the Continent has been considerably reduced and will continue to decrease. On the other hand, the large amount of Japanese investments in London, of short-dated securities with payment possibly : in manufacinstead of cash, and the increasing output of gold in South Africa are producing a steady accumulation": in all Continental centres except Russia.
Mr. Schuster is a member of the firm of Schuster, Son and Co., merchants, CannonStreet, London, a director of the German Lank of London, Limited, and a governor of the Union Bank of London, Limited.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZH19050729.2.43
Bibliographic details
New Zealand Herald, Volume XLII, Issue 12931, 29 July 1905, Page 5
Word Count
143THE MONEY MARKET. New Zealand Herald, Volume XLII, Issue 12931, 29 July 1905, Page 5
Using This Item
NZME is the copyright owner for the New Zealand Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries and NZME.