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PRICE OF FOOTWEAR.

INCREASE NOT JUSTIFIED. NO SHORTAGE OF HIDES. (Special to Daily *imes.) WELLINGTON, February 2. “ There is no scarcity of hides,” emphatically declared a Wellington boot and shoe dealer (Mr G. Ardrey) when referring to-day to the coming increase in the price of footwear. “ The cry about the shortage of hides is the old bogey, so as to be able to make an advance from sto 10 per cent, on leather. There »:o justification for the advance, and hides are going to America and Great Britain as freely as ever. Supposing hides go up to-day by 10 per cent. 12 months must elapse before the increase should be passed on to the working man in the shape of increased cost for his boots. There is no solid ground for advancing prices to such an extent, but when America raises the cry there are some who are only too glad to join the rush for higher prices. The time between when the hides are sold and received by the public in shoes is about 12 months. ’

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19280203.2.105

Bibliographic details

Otago Daily Times, Issue 20323, 3 February 1928, Page 10

Word Count
177

PRICE OF FOOTWEAR. Otago Daily Times, Issue 20323, 3 February 1928, Page 10

PRICE OF FOOTWEAR. Otago Daily Times, Issue 20323, 3 February 1928, Page 10