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“HAS TIDE REALLY TURNED?”

HOPEFUL SIGNS IN BRITAIN REPLIES TO CAREFUL INQUIRIES United Press Association—By Electric Telegraph—Copyright LONDON, September 17. Among the responses of business leaders to “The Sunday Times” question: “Has the industrial tide really turned?” Lord Bamby says the official returns clearly show improving trade and increased exports. Manufacturers reflect the lower manufacturing costs owing to a more reasonable valued currency. The import duties are now clearly beginning to help the iron and steel trades, as they have already done in wool and textiles. Regarding the latter, the continued increase in exports follows the previous marked decrease in imports. World values have undoubtedly been strengthened by the advances in wool prices. In the United States wool is still reasonable against pre-war values, measured in terms of gold. Women’s fashions still favour wool products.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD19330919.2.51

Bibliographic details

Timaru Herald, Volume CXXXVII, Issue 19598, 19 September 1933, Page 7

Word Count
135

“HAS TIDE REALLY TURNED?” Timaru Herald, Volume CXXXVII, Issue 19598, 19 September 1933, Page 7

“HAS TIDE REALLY TURNED?” Timaru Herald, Volume CXXXVII, Issue 19598, 19 September 1933, Page 7

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