TRADE REVIEW
. EXTRA EDITION.
SEASONAL SLACKENING. BY CABLE— rKESS ASSOCIATION—COPYBIGU.'' (deceived Sept. 29, 11.4 d a.m.) LONDON, Sept. 29. Describing tile State of trade, the Economist says : The seasonal slackening over the summer months seems to be more accentuated this year than last. The textile trades are only affected slightly, but iron and steel production has been curtailed more severely than in, 1923, and employment has: declined during the last two months, to a greater degree than many anticipated. Other indications show that the volume of business, outside the coal and heavy metal industries, is appreciably larger than in September, 1923, and is fairly well maintained, considering the time of the year. The coal export trade is suffering rather from the failure of the demand in many countries, than a recrudescence of foreign competition. The same applies to iron and steel. The outlook for Lancashire is brighter. The good American crop is holding .out. and there are prospects of plentiful supplies of cotton during the coming season 1 . '< The wool industry' on the whole is .Letter employed, although manufacturers are unable to pass to customers the whole of the recent increases in the price of raw material.
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Bibliographic details
Hawera Star, Volume XLVIII, 29 September 1924, Page 7
Word Count
197TRADE REVIEW Hawera Star, Volume XLVIII, 29 September 1924, Page 7
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