DRIED FRUIT
MARKED IMPROVEMENT IN TRADE.
Australian and N.Z. Cable Association' LONDON, August 21. The action of the Australian importers of dried fruits in deciding to hold out for better prices, has had the desired effect, and the trade now shows a marked improvement in all directions, currants especially moving freely: and several importers have cleared stocks at the prices fixed at the meeting on August 11th. Sultanas have also been selling steadily at fixed prices. Importers are highly gratified at the succoffi which has attended their action, and express the hope that the result will prevent any recurrence of “slaughtering” prices. The demand for canned fruits continued disappointing, and sales are small. The main cause of the unsatisfactory position is the unseasonable weather since May, which, has restricted picnics, -boating, and similar outdoor functions. Another contributory factor is the diminished spending power of the working classes, owing to unemployment and lower wages. They am now compelled to give up luxuries, among which can. ned fruits must be included. There is also a glut in fresh fruit.
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Bibliographic details
New Zealand Times, Volume XLIX, Issue 11295, 22 August 1922, Page 5
Word Count
177DRIED FRUIT New Zealand Times, Volume XLIX, Issue 11295, 22 August 1922, Page 5
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