PRICE-SLAMMING
MANUFACTURERS BECOMING AMENABLE.
Press Association —By Telegraph—Copyright.
NEW YORK, May 20.
American manufacturers, realising the seriousness of the retailers " price-slam ming " are new expressing their -willingness to co-operate ■with the bankers to reduce the cost of living by 15 to 25 per cent.' They anticipate that the pre-war standard will never Teturn, and that tlie cost of living will be one-half to threequarters more than before. The newspapers to-day are crammed full of advertisements shouting " Reductions varying from 20 to 25 per cent, in clothing."— A. and N.Z. Cable.
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Bibliographic details
Otago Daily Times, Issue 17942, 22 May 1920, Page 9
Word Count
90PRICE-SLAMMING Otago Daily Times, Issue 17942, 22 May 1920, Page 9
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