MINOR TRADE BOOM
HECTIC TIME IN BRITAIN
(Received 2nd October, 9 a.m.)
LONDON, Ist October.
The "Daily Express" Bradford corre!sp"ondent declares that orders are pouring in on topmakers, spinners, and piecogood manufacturers, and the mills are back on full time. It has been the most hectic ten days since August, 1914, said a leader of the industry. It was due to the collapse of sterling. Foreigners had previously been supplying English hosiery weavers at a price at which Bradford could not compete. Now piece-goods manufacturers in Franco and Italy were repudiating contracts, thus helping Yorkshire weavers. The currency changes had stopped ( Italian undercutting; There is a similar rush of orders for boots and shoes at Northampton, and also a big revival in the sale of British motor-cars on the Continent owing to the pound situation.
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Bibliographic details
Evening Post, Volume CXII, Issue 81, 2 October 1931, Page 7
Word Count
135MINOR TRADE BOOM Evening Post, Volume CXII, Issue 81, 2 October 1931, Page 7
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