TRADE RESTRICTIONS TOO BIG A HURDLE FOR CRYSTAL MAKERS
WELLINGTON, This Day (P.A.).— An English firm which has been expotting cut crystal to New Zealand cfor 30 years, and which has been in business for 148 years, has, because of trade 1 restrictions—New Zealand s ifnport selection among them —closed down that part of its operations. Writing to its New Zealand agents, the firm says that it put off its decision in the hope that the impossible conditions existing in the export trade would eventually improve, but the reverse was found to be the case. With the closing down of the South African, and the virtual closing of the New Zealand market towards the end of the year, it ’became clearly obvious that the maximum possible volume of business obtainable overseas in its particular class of goods was wholly insufficient to support economic manufacture. Without a free home market, and faced with such impossibly adverse circumstances it has no course but to abandon the manufacture entirely, and close down. _____
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GEST19490820.2.30
Bibliographic details
Greymouth Evening Star, 20 August 1949, Page 4
Word Count
169TRADE RESTRICTIONS TOO BIG A HURDLE FOR CRYSTAL MAKERS Greymouth Evening Star, 20 August 1949, Page 4
Using This Item
The Greymouth Evening Star Co Ltd is the copyright owner for the Greymouth Evening Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.