DUNEDIN FACTORIES
WORKING AT TOP PRESSURE
(By Telegraph—Press Association.) ! - DUNEDIN; July 28.
■ Although manufacturers in Dunedia are watching the'position, of the mar* k'et closely,'there appears to be no immediate prospect of the development locally of such serious conditions a3 those prophesied in a message from .Wellington in which it was stated that manufacturers throughout New ■ Zealand were alarmed at the prospect of a tremendous slump in factory production accompanied 'by widespread unemployment.' . . Many of the Dunedin manufacturing concerns 'have 'been ' working at top pressure during the past few months, fulfilling orders from . retailers who desired to stock early in order to avoid a subsequent rise in prices. Goods supplied by local manufacturers have been augmented on retailers' shelves by importations from Australia, and the question'that has now arisen is can the community absorb those good 3 sufficiently freely to maintain the market for local' products? The consensus of opinion among manufacturers in Dunedin is.' however, that there is no immediate cause for undue anxiety, but that the result of the next two of three months' trading will clarify, the position.
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Bibliographic details
Evening Post, Volume CXXIV, Issue 25, 29 July 1937, Page 17
Word Count
180DUNEDIN FACTORIES Evening Post, Volume CXXIV, Issue 25, 29 July 1937, Page 17
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