IMPROVED TRADE.

Manawatu Standard, Volume LVI, Issue 260, 1 October 1936, Page 15

IMPROVED TRADE.

The improvement that had occurred in the woollen industry as a result of better spending power not only in England but in the Dominions, was commented upon by Mr Bernard Sugden, a Yorkshire manufacturer of woollens and cottons, who is among the delegates who has arrived to attend the Chambers of Cqnunerce Congress in Wellington. Mr Sugden said (reports the Auckland Star) that woollen manufacturers were definitely expecting trade to improve and not get worse. Continental trading was still difficult, but Germany was buying woollen tops from Bradford, which was getting paid for what it supplied. The fact that it was the general opinion in the woollen trade that there would l>e no serious variation from last season’s wool prices was mentioned by Mr S. Broadhead, a past president of the British Wool Federation, who has also come to attend the congress. He confirmed the statement of Mr Sugden that generally speaking there had been an improvement in trade.