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PROSPEROUS AUSTRALIA.

"The banks cannot findl an outlet for money in Sydney- A Sydney man told me that he has at least a dozen people & day enquiringl for outlet* for money to invcts at 3| per cint on good security, but there -are no takers- Nobody wants aicconi.inoda,tionThis is the picture of the prosperity of Sydney drawn by Mr H- L- Tapley, who has just returned to Dunedin after a two months' visit to; Australia (telegraphs our correspondent-) The reason given for this remarkable evidence of good times is the splendid prices w'hieh Australian wool has been 'bringing at Home, the large grain surplus last year 1, and the mineral resources of tho Commonwealth(MSr Taipley also -state® that the New Zealand State Bureaux established in Australian by the late Mr Seddon are doing good work, especially in the matter of advertising the New Zealand Intel-national Exhibition-

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THS19060907.2.18

Bibliographic details

Thames Star, Volume XLIII, Issue 10590, 7 September 1906, Page 2

Word Count
146

PROSPEROUS AUSTRALIA. Thames Star, Volume XLIII, Issue 10590, 7 September 1906, Page 2

PROSPEROUS AUSTRALIA. Thames Star, Volume XLIII, Issue 10590, 7 September 1906, Page 2

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