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Otago Daily Times, Issue 18990, 11 October 1923, Page 11

Since the recent increase in tramway fares came into operation there has been a distinct boom in the cycle trade in Christchurch. High grade English bicycles are being sold at £lO or £.t2 each, which is only a little more than half what they were a few years ago. One dealer states that ho cannot keep pace with the orders for new machines, and that during the past week he was about four behind in the work of putting them together. Other dealers also report good business since the advent of cheaper bicycles and dearer tram fares. Second-hand machines are still fetching high prices, even though new bicycles are much cheaper. The explanation is stated to be that tlie demand for second-hand machines exceeds the supply, many people being unable to afford now bicycles even at the lower prices. A good serviceable secondhand machine would probably cost nearly the same amount as it would a couple of year- ago.