PROSPEROUS UNITED STATES

Dominion, Volume 19, Issue 78, 26 December 1925, Page 5

PROSPEROUS UNITED STATES

CHRISTMAS SHOPPING BREAKS ALL RECORDS

(Rec. December 25, 5.5 p.m.)

New York, December 23. It is generally conceded that tins is one of the best Christmases in the history of the United States, tlie prosperous year having filled the pockets of the people to such an extent that apparently there-is more money available for spending than ever before. The Christmas shopping has now definitely broken all records, it being the unanimous verdict of the large stores that the buying is unprecedented in volume, with the usual demand for high-priced gifts. The manager of one store on Fifth Avenue, where the Highest-priced shops arc centred, expressed amazement, declaring that tlie buving was most extravagant. Numerous large organisations through' out the country have followed Wall Street’s example in distributing large bonuses. The railways report that the number of travellers returning home for the holidays is unprecedented. The only section of the country where suffering is prevalent appears to be the coal districts. The Salvation Army relief organisation reports that the number of needy in New York desk Ing relief is less than half of last year’s total.—Aus.-N-Z. Cable Assn.

TRADE GOOD IN SYDNEY. Sydney, December 23. ’flic weather is fine and warm for the holidays and the city is thronged, including a large number of country visitors. Trade generally is extensive, shopkeepers stating that there is a much greater demand for all classes of goods than was the case last year.—. Pjess Assn.