BETTER CONDITIONS.

Press, Volume LXIV, Issue 19460, 6 November 1928, Page 12

BETTER CONDITIONS.

HOME MARKETS AND INDUSTRIES.

[THE PBESS Special Service.]

AUCKLAND, November 5. That there would be a very good season, speaking generally, for New Zealand primary produce was the opinion expressed by Mr W. S. Bennett, New Zealand Supervisor for Dalgety and Company, Limited, who returned by the Aorangi last evening, from a business visit to the Continent and England, and it is on his observations there that his conclusions are based.

It was difficult to give an accurate market forecast at this stage of the season, said Mr Bennett. Trading conditions in England were still somewhat adverse and the woollen industry was suffering, but the markets for meat and dairy produce were in quite a healthy condition. The conditions under which New Zealand produce was being marketed gave no cause for complaint. It was being very well looked after, and the Empire Marketing Board was doing good work. He had seen numerous effective advertising displays in London and the provinces and in Scotland. The coal, steel, and wool industrial concerns at Home were in some cases experiencing difficult times, but all the others were working very hard indeed. "The English people all have their shoulders to the wheel and are working very hard," he said. "There is no question that an improvement is coming." The same views on .the market outlook were expressed by Mr G. D. Greenwood, the well-known Canterbury station and racehorse owner, who returned by the Aorangi after a six months' holiday abroad. The last English summer, he said, was the best Britain had known for very many years, but in industry, the textile manufacturing concerns were experiencing difficult times. However, meat and dairy produce, particularly the latter, were assured of sound markets. "I do not think there is any reason to believe there will be a fall in the prices for wool, but if there is I consider it will be very slight and will do no damage," said Sir William Vicars, director of the firm of John Vicars and Company, Ltd., Sydney, which controls large woollen mills. He is on his way back to Australia by the Aorangi from a five months' trip to England. "I am sure England has turned the corner," Sir William added. "There has been a considerable improvement lately in the iron and shipbuilding trades and when these improve it is a sign for the improvement of most other things. There was a great deal of unemployment still and depression in certain parts of the country, but nothing of this was apparent in London, where there was evidence of prosperity and happiness on all sides."