TRADE DEPRESSION
OUTLOOK IN AMERICA NO PROSPECT OF IMMEDIATE REVIVAL (By Telegraph—Press Assn.—Copyright.) (Australian and N.Z. Cable Association.) WASHINGTON, June 10. (Received June 12. 5.5 p.m.) At the semi-annual meeting of the United States Chamber of Commerce it was reported that no immediate return of prosperity was in sight. There was no need to be under any delusion about the resumption of business on a scale approaching or equalling the wartime volume, but a gradual improvement might be expected when the harvests were in. The cotton acreage had been unexpectedly reduced, but there was a tremendous supply of wool at exceedingly low prices.
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Bibliographic details
Southland Times, Issue 19249, 13 June 1921, Page 5
Word Count
103TRADE DEPRESSION Southland Times, Issue 19249, 13 June 1921, Page 5
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