TO HIM WHO HATH SHALL BE GIVEN
Men Already Prosperous Win SEVEN FIGURES / IN ’CHANGE GAMBLE The reaction from last week’s gamble on the stock exchange has soon arrived in America. Trade circles throughout the country are feeling tho pinch; the slump having caused general depression in buying. [By Electric Cable —Copyright.] [Aust. and N.Z. Cable Association.] (Received Sunday, 7.5 p.m.) LONDON. March 7. The Slump on the slock exchange at Now York and elsewhere in the. United States is now being felt in trade circles throughout the -whole country, having caused general depression in buying. It is estimated four million dollars changed hands during the last few days, the winners being mostly men already prosperous, while the losers constituted a considerable section of the buying public. As tho result, departmental stores and other retailers have noted a marked decrease in sales. Automobile firms have also suffered and aro considering reducing prices to stimulate business. Many fashionable dressmakers have received cancellations of orders. Even theatres are feeling the pinch through a loss of patronage.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MT19260308.2.40
Bibliographic details
Manawatu Times, Volume XLIX, Issue 3289, 8 March 1926, Page 9
Word Count
174TO HIM WHO HATH SHALL BE GIVEN Manawatu Times, Volume XLIX, Issue 3289, 8 March 1926, Page 9
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in