JAVA EXCHANGE.
(Received March 22, 1.5 p.m.)
BATAVIA, March 21. Sterling exchange, 8.52 guilders to £1.
:' A FIGHT FOR BUSINESS.
_ In a review of the drapery, clothing, and boot retail trade, the "New Zealand Draper" remarks:—"The prominence of special sales, half-price days, liquidation clearances, etc., are tangible evidence of the_ efforts of many traders to sustain business, and the lower spending power is easily discerned in the present demand for a lower priced article; in fact many people, who have previously been able to purchase the better and highest quality goods, have now of necessity to be satisfied with the lower grade article. An experience that means restricted imports of high grade goods, a decided curtailment of quantities, and a lack of confidence in the securing of novelty and luxury lines."
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Bibliographic details
Evening Post, Volume CXV, Issue 68, 22 March 1933, Page 10
Word Count
131JAVA EXCHANGE. Evening Post, Volume CXV, Issue 68, 22 March 1933, Page 10
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