NO ALARM IN DUNEDIN
-Presn As.ociation.)
(By l'elQgraph-"
| ' ~ DUNEDIN, Last Night. _ Although manufacturers in Dunedin are watching the position of the market closely, there appears to be no immediate. prospect of the development locally of such serious eonditions as those prophesied in the message i'rom Wellington, in which it was stated that manufacturers throughout New Zealand were alarmed at the prospect of a tremendous slump in factory production, accompanied by widespread unemployment. Many of the Dunedin manui'acturing eoncerns have been workiag at top pressure during the past few mdflths i'ulfilling orders from retailers who desired to stock early in order to avoid the subsequent risO in prices. The ^uuds supplied by local manufacturers have been augmented on the retailers' shelves by importations from Australia a'nd the question that has now arisen is can the eommunity absorb those goods sufficiently freely to maintain the market for local products? The cOnceHSUS of opinion aUiolig manufacturers in Dunedin is, however, that there is nO immediate cause for uiidue anxietv but that the result Of the uoxt two or tliree monthi' WiU clarify tho position,
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Bibliographic details
Hawke's Bay Herald-Tribune, Issue 164, 29 July 1937, Page 12
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181NO ALARM IN DUNEDIN Hawke's Bay Herald-Tribune, Issue 164, 29 July 1937, Page 12
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