The Tightness of Money
Cliristcliiinli Opinions
Bj Te!egr»pb.-Prcu Association. Chbhiohoeoh, this day. .The Premier's statements regarding tbo financial position havo caused great local interest. Several financiers havo boon' interviewed hero, ar.d they oxpross tho opinion that ibo present tightness uf tho money market is only temporary, as tbo incomo from tho wool is now beginning to oomo into the colony, and will rcliovo tho tension. The opinion is expressed that tho position has ken brought about mainly by big tramway loans ,in ino«t of (he large centres, tho action of ti'i '• > • 'VtimenL in calling in the shortdfltc.i in:i:i, -.nd tho condition of alfuira in Australia, whoro tlio banks lmvo beon oal ling in money. Ono porson intorviowod expressed the opinion that Now Zealand's prospects woronovor brighter.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WHDT19041019.2.26
Bibliographic details
Waihi Daily Telegraph, Volume IV, Issue 1123, 19 October 1904, Page 3
Word Count
126The Tightness of Money Waihi Daily Telegraph, Volume IV, Issue 1123, 19 October 1904, Page 3
Using This Item
Copyright undetermined – untraced rights owner. For advice on reproduction of material from this newspaper, please refer to the Copyright guide.
Log in