WOOL AND THE SLUMP.
DEPRESSION FADES. Every cloud has a silver lining,” said a city business man to-day. “Canterbury can pat itself on the back. The wool market is getting firmer every day, and the slump has received a knock from which it will never recover.*’ Bankruptcy figures show that- confidence is justified, that the bottom has not fallen out of business. In spite of tight money and overstocked warehouse*, the number of bankruptcies registered in Christchurch for the ten months ended November 1 was only three more than the bankruptcies registered during the first ten months of 1920. $ Tlie totals are : 1921 .... 23 1921 .... 20
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Bibliographic details
Star (Christchurch), Issue 16570, 1 November 1921, Page 7
Word Count
106WOOL AND THE SLUMP. Star (Christchurch), Issue 16570, 1 November 1921, Page 7
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