TRADE ACTIVITY

Manawatu Standard, Volume XLVIII, Issue 167, 14 June 1928, Page 6

TRADE ACTIVITY

ENCOURAGING REPORTS. BUSINESS IMPROVING AVITH COLD AYEATHER.

(By Telegraph.—Special to Standard.) AUCKLAND, June 13. Most encouraging reports about tho state of local trade are forthcoming from a large, drapery house. The ramifications of these businesses are very extensive and probably they are in a better position .than most to gauge the fluctuations of the economic position as

it affects the retail trade. “For the last three weks, said the head of ono of the large houses of this kind, “trade has been above normal. We are having no trouble in securing what we consider to be our fair quota of business in all departments, and provided this buoyancy is maintained we will make up the leeway lost in tho earlier part of the year and wind up with the normal turnover of a good year.” . He explained that, while he believed that optimism bred confidence which brightened trade, he was not saying or implying anything that was not borne out by the counting house. Until three weeks ago the place had seemed “dead.” There certainly had hen consistent trade in silks and novelty lines which were sometimes described as “vanities,” but the big shops had looked empty. “But- look around to-day,” he said. “There are crowds and brisk buying. The public recovered the buying habit with the coming of the colder weather.”