COMING YEAR MUST SEE REORGANISATION.
STOCK EXCHANGE HEAD REVIEWS PAST TRADING (United Press Assn.—By Electric Telegraph.—Copyright.) (Received January 6, 11.30 a.m.) SYDNEY, January 6. Reviewing the past calendar year, the chairman of the Stock Exchange, Mr Brownhill, said that one had to go back to the early stages of the war to find a parallel year. Part of the year just closed had been very critical and the Stock Exchanges of Australia had even deemed it advisable to restrict forward dealings, a step which had not been taken since the war. Production of wealth in 1930 decreased by many millions of pounds. “I consider that during this year we shall go through a period of reorganisation and readjustment and the cost of production will have to be reduced. T earnestly hope that there will be no inflation in Aus-
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Star (Christchurch), Issue 19270, 6 January 1931, Page 1
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139COMING YEAR MUST SEE REORGANISATION. Star (Christchurch), Issue 19270, 6 January 1931, Page 1
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