SPENDING POWER CUT

Feilding Star, Volume 8, Issue 2425, 9 May 1931, Page 5

SPENDING POWER CUT

RAD FOR BREWERIES ECONOMIC DEPRESSION PROSPECTS NOT HOREFCL (Per Press Association). Dunedin. .May 9. At the ai nnnl - meeting of *To Dunedin Brewery Company the chairman said the dooro.a c v in the returns from beer duty during recent months ns compared with the -corresponding por'od o! last yopr was strikvng evidence of how ]it.il he< r wa- being bfexved. Christ church, had suffered badly, nr', had other brewing « utros. but New Zealand was not the only t offerer, for Australian browing com panics wre al-o rxpo'deUf mg bad times. Thor© d : d not seem to be much prospect of improv 'em lit. .. mere especially us when the I’d per cent reduction came into force the spending power of consumers would tic further reduced. Prospect- in the brewing husncss xvrio certainly anything hut hopeful.