HIGH PRICES IN ENGLAND.
LOWER. IN AUSTRALIA. s
Some idea of the atate of the market m -sjrhich' , the Australian retail trade Sis now' compelled to nui'Qhase its supplies may Be gathered yfrom the following letter which, was. received m Sydney.'by the last English mail. - The writer is* the London agent of a Sydney firm, and he says : — - .*.•'■,.•■'"
"The market here is very excited, and prices are not held for .a day. There is now* talk that* American may reach 3s a pound.' This seems a high estimate, but I think it is very likely that it xntiy* reach 2s 6d a pound. The business seems to be rolling into Mhh- ( chester from every direction. . V ''The most serious feature of the position is the "question of delivery, y'l have been repeatedly told that June and Unly^ are the earliest months at which' gQO?la can be delivered, y Taken' . aH* round, prices are a great -deal.' highop than th*ay were before the armistice, and for wJiat^. ever comes: now w*? shall have-to -pay a shockingly high ' price: v * "To ijuote one line. "Mercerised no^-. lin, which was last quoted at' 2s Qa; 1 ' Ja now 3s tyd. This cloth we used to buy before the war- at B^dl' This about indicates • thepoßition/!^_^_
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/PBH19200202.2.62
Bibliographic details
Poverty Bay Herald, Volume XLVII, Issue 15131, 2 February 1920, Page 5
Word Count
212HIGH PRICES IN ENGLAND. Poverty Bay Herald, Volume XLVII, Issue 15131, 2 February 1920, Page 5
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