AMERICAN ITEMS.
(By*.Electric Telegraph—Copyr'gnt.; DROP IN PRICES. (Received this day at 11.30 a.ni.) NEW YORK, May 20. American manufacturers realising the seriousness of the retail price slamming, are now expressing a willingness to reduce the cost of living by fifteen to twenty-five per cent. They anticipate the pre-war standard will never return. |KI The cost of living will be half to three-' ' quarters more than before. Newspapers _)« fo-day are crammed full of advertisemeats showing reductions varying from twenty to 'seventy-five per cent, in clothing otc. DROP IN TRADE. (Received this day at 11.30 u.m.) . WASHINGTON, May 20. Exports fell off from three to fivo millions in April, compared with March, and imports dropped by thirty millions, j
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Hokitika Guardian, 21 May 1920, Page 3
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117AMERICAN ITEMS. Hokitika Guardian, 21 May 1920, Page 3
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