TRADE PROSPECTS.

Rangitikei Advocate and Manawatu Argus, Volume XLV, Issue 11857, 21 June 1919, Page 8

TRADE PROSPECTS.

Second Edition.

PRICES UNLIKELY to fall. United Press Association— By Electric Telegraph— Copyright. Received June 21, noon. London, June 20. It is considered in trade circles 'that there is no early prospect of <m the prices ot high class wools. The demand tor good worsted is undimihished and better paid wage-earners, refuse poorer deities. The supply of raw material exceeds'the best anticipations, but machinery is inadequate to Produce better-class goods at the rate demanded. The trade expects a large / export 1 business after peace is signed. Continental manufacturers are stm far behind British and British stocks of raw material will probably be more than sufficient for Home trade. 'lt is'unlikely that the price ol=n»mifactared goods will appreciably decline for some time, even it the price of wool falls, owing to the continued rise in wages and heavy taxation.