PRICES OF WOOLLEN GOODS
REDUCTION IN FORCE TO-DAY EFFECT OF LOWER VALUES FOR RAW MATERIALS Woollen goods manufactured in New Zealand will be reduced in price as from to-day by 5 per cent.
The reduction will be effective on all orders placed since last August, many of which have been filled by the use of wool purchased during the 1936-37 selling season.
When the announcement was made last night by the Kaiapoi Woollen Company, Ltd., it was explained that the reduction was consequent on the lower prices this season for raw ipaterial and was agreed upon by all the mills in the Dominion. Twelve months ago, when the raw material was at an improved value, a rise in the price of all manufactured goods was announced, and the change now being made is the first since then.
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Press, Volume LXXIV, Issue 22339, 1 March 1938, Page 8
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137PRICES OF WOOLLEN GOODS Press, Volume LXXIV, Issue 22339, 1 March 1938, Page 8
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