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PRICES IN ENGLAND.

REMARKABLE SLUMP. AN ECONOMY CAMPAIGN. (By Electric Telegraph.—Copyright.) (Australian and N.Z. Cable Association.) LONDON, Monday. The newspapers are eagerly discussing the fall in prices of the necessaries of life, but there are no signs of a permanent fall. Indeed, bread and sugar arc likely 1 to go higher, and rents are increasing. Nevertheless, there is a record slump in boots in Northamptonshire, where the warehouses are so choked with supplies that a three days' ■working week is likely to come into operation The clothing trade in Leeds is also depressed, and the factories are no longer working at high pressure owing to orders stopping suddenly. It is evident that many people arc unable to buy at. the present prices. The slump 'may mean the discharge of many workers. The Whitsuntide holidays revealed a strong movement to economise. There were fewer visits to the seaside than were expected, despite the beautiful weather.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WDT19200525.2.37

Bibliographic details

Wairarapa Daily Times, Volume 46, Issue 14126, 25 May 1920, Page 5

Word Count
154

PRICES IN ENGLAND. Wairarapa Daily Times, Volume 46, Issue 14126, 25 May 1920, Page 5

PRICES IN ENGLAND. Wairarapa Daily Times, Volume 46, Issue 14126, 25 May 1920, Page 5