TEXTILE PRICES.

Hawera & Normanby Star, Volume LXXIV, Issue LXXIV, 28 August 1917, Page 8

TEXTILE PRICES.

HEAVY INCREASES

The latest mail advioes from England continue the story of steadily rising prices of cotton and woollen materials. The London buyer of a large wholesale importing firm has written (the Lyttelton Times reports) that many of the cotton mills in Manchester are closing down, for it will not pay to carry on I at the present high prices of material, with the Government taking 80 per cent, of the excess profits. Both woollens and cottons were still advancing considerably, at date of writing, June 26. "With the raw materials' still advancing, and the scarcity of labor, it appears that there must be a. great difficulty in getting any goods at ail." In a further letter^ written a week later, the buyer gives a list conmparmg the prices oaid to-day with the pre-war rates of fifteen standard lines:— Increase p.c. Horrockses 110 Findlay's 100 Diagonal Flannelette 120 Carpets 100 Flannels 80 Flannelettes 130 Wool Hosiery 300 Harvard and Grandrill Shirtings 120 Linen Ticks 100 Cotton Quilts 75 Green Window Hollands ... 125 Grey Twill 130 White Calicoes ... j 150 Linings ... ... 100 Floorcloths, up to 100