ENGLAND’S COTTON TRADE.
POSITION IMPROVING. WORLD’S DEMAND STARVED. By Telegraph—Press Assn.—Copyright. London. Dec. *27. Mr. Bryce Muir, iprefident of the Liverpool Cotton Association, addressing member.?, said that Liverpool buyers had secured for Lancashire a full s’’x months’ supply of cotton. After three trying and depressing years, trade was now undoubtedly improving and many mills had begun to run full time by their present purchases. Liverpool merchants would be able to protect their purchases against a decline by the sale of futures. The world’s demand for goods had been starved, and starved for nine years. Hr believed England would get a full share of the vast potentials of the world’s demand, which gave promise of three to four years’ remunerative business. They deserved prosperity, but must beware of a boom.
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Taranaki Daily News, 29 December 1923, Page 6
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129ENGLAND’S COTTON TRADE. Taranaki Daily News, 29 December 1923, Page 6
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