WOOLLEN GOODS

Press, Volume LXXII, Issue 21792, 26 May 1936, Page 10

WOOLLEN GOODS

HIGHER PRICES NOW

QUOTED

BRITISH MANUFACTURES V

\ IMPROVED SPENDING POWfi» '

REPORTED

[THE PRESS Special Service.] F.. AUCKLAND. May 25. * j Overseas markets for woollen £■ -j goods are now reflecting the prices for raw wools last season. • English quotations for most - V . of fabrics have advanced by 10 per cent., so that by August liveries in Auckland of spring and summer goods will bear correspond, F ing price increases, which will in-V v & elude the added costs of exchange' ■: V' and duties. , '*.S Not only have prices for woollen fabrics advanced, sometimes by iiffla a yard; but also there is a teadenqj ,V-‘ for cotton and other goods to harden •' in sympathy. It is stated lhat pets show a definite advance, .quite y/ equal to 10 per rent, over most linen % Furnishings of various sorts: also hats are included in the One overseas quotation for hats has been received prices by 5s a dozen. , “There is another side to the ture, fortunately,” said a vsa(f. Jh houseman. “The higher prices foriro-' wool and other products received Mi last season in New Zealand hataSrjs improved spending power, so thatap - business generally is brisk—muchlf ,’ brisker, indeed, than it has been - some years. While buying has proved, customers’ accounts Bralk: being reduced. Indeed, our bost|sT ; debts are lower than they have beenßu since the depression became Improved business was a pmtjf-jP.yi tion also reported in many of wholesale business from which >-V. enquiry was made. It is apparent 2 i in the soft goods trade that streaur a v|i'#ous efforts will be made to facture forward orders of New lana manufactured goods - - September 1, when the j working week will increase factoring costs. New orders btitieS' booked for spring or summer dbs'-ji- j livery are either being made subject ’s> to price additions caused by added labour costs, or higher than ruled recently are be^jajl; - quoted. , ■ 4