EXTRAVAGANT BUYING
COMING TO AN END IN LONDON HIGH SPENDING CONFINED TO NEW RICH By TeUgraph—Presß Association-OopyrighS • (Eec. May 21, 7.35 p.m.) , London, May 20. London's post-war period of extravagant luxury buying and enormous profits shows signs of ending. The verge of tho busiest season finds the West End business men anxious to-unload their heavy stocks fearing the possibilities of mr economy craze and cousequcnt slump in lmying. The increasing dearness of money contributes to the downward pressure. The managers of hotels, restaurants, arid shops indicate that high spending will soon be confined to the new rich. Modistes declare that women in the highest social positions are cutting down their dress expenditure twothirds.—United Service.
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Dominion, Volume 13, Issue 203, 22 May 1920, Page 7
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114EXTRAVAGANT BUYING Dominion, Volume 13, Issue 203, 22 May 1920, Page 7
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