Big Business

Poverty Bay Herald, Volume LX, Issue 18235, 2 November 1933, Page 10

Big Business

TX Iho first four days of the Radio Exhibition at Olympia, London, in August, orders totalling nearly £12.600)000 were signed. Of this, about £3,000,000 was from overseas buyers, both Continental and Empire. The total sales were divided as follows:—j £ 478,940 Receivers, value .. (3,140,748 8,532,(3(30 Batteries, value .. 2,98(3,438 8,329.010 Components and accessories .. .. .. 1,665,982 1,551,000 Valves, value .. 951,443 50,038 Mains Units, value 150,114 i £11.894,725 j During the first, four days of last year’s show orders totalling nearly £8,000.000 were placed, and more than £20,000,000 during tile entire show. At the present rate of increase, thercfolv it is anticipated that this year’s show will produce about £30.000,000 of business,! the greatest trade the radio in-, dustry has ever done. This is already being reflected all over Britain. One set manufacturer i called in the architect and in- j struct!ons for a new wing to be added to his works, an addition of 28,000 : sq. feet. It, is confidently expected that the floorago of the industry’s space will bo increased by 200.000 sq. j feet immediately'lifter the exhibition. J This will mean’the absorption by the radio industry of a large number of ( unemployed. '