MORE CASH BUSINESS.
——<s3- ' ' ‘ . RESULT OF DEPRESSION. CONDUCTED ON BETTER BASIS. A buslnes man In close touch with. Taranaki commerce, discussing the financial position of 111 e province with a Taranaki News reporter, said that one of the striking aspects of the times was the extent of the cash receipts of the businesses. The turnover, of course, was considerably down, but the proportion of cash payments was much greater than in previous years. It appeared to him that business was being conducted on a better basis. Less credit was being asked for and given. This result, brought about by less money coming into the province, was something to be thankful for In these difficult days. Taranaki was really better off than most other parts, he concluded, because there was still a considerable volume of money in circulation, whereas in some other parts the flow of money had almost stopped.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WT19310529.2.105
Bibliographic details
Waikato Times, Volume 109, Issue 18341, 29 May 1931, Page 9
Word Count
149MORE CASH BUSINESS. Waikato Times, Volume 109, Issue 18341, 29 May 1931, Page 9
Using This Item
Stuff Ltd is the copyright owner for the Waikato Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in