PRICE-CUTTING IN AMERICA
MANUFACTURERS WILLING TO COOPERATE v WITH BANKERS. New York, May 20. American manufacturers, realising the seviousness of the "retail price slamming," are now expressing their willing; ness to co-operate with the baniceis to reduce the cost of living from 15 to 25 per cent. They anticipate that'the prewar standard will never return, and that the cost of living will remain at from a half to three-quarters more than before the war. ■ The New York newspapers to-day are full of advertisements of reductions, varying from 20 to 75 per cent., on clothing and other goods.—Aus.-N.Z. Cable Assn.
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Dominion, Volume 13, Issue 203, 22 May 1920, Page 7
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99PRICE-CUTTING IN AMERICA Dominion, Volume 13, Issue 203, 22 May 1920, Page 7
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