TELEGRAMS.

Hokitika Guardian, 21 April 1922, Page 4

TELEGRAMS.

[by TELEGRAPH —PEB PRESS ASSOCIATION.

NEW ZEALAND LOAN

A HI? ANGEAIEXTS S ATISV ACTOR \

SO FAR

AYELUNGTON, April 19

“The Government,” 1 stilted tho Prime Minister to-day, “is arranging to place a. loan of £5.000,000 in London. While arrangements are not yet completed, so far as they have gone they are very satisfactory.

In reply to questions, Air Massey Hi ,id lie could not sav anything more about the Joa.ii at the present stage, not even as to the rate of interest or price at which ho hoped to float it. As soon as the loan was floated, the public would know all there was to know a limit it.

COST OF FURNITURE,

REDUCED PRICES

AUCKLAND, April. 10

Enquiries made to-day us to the cost of furniture and furnishings elicited the information that generally there has been a marked fall in prices during the past twelve or eighteen months. The prices of some lines, it was stated, were from 25 to 30 per cent, lower to-day than they were a. year ago. In other lines, however, the reduction was much smaller. Regarding loeally-maide furniture, one (inn said that there had been a reduction of from 10 to 15 per cent, in wholesale prices. The retail trade had been, di-organised during the past six months, owing to stock dealing sales, at which goods had been offered at below cost. However, trade had How been stabilised, with prices generally 15 to 20 per cent, lower than twelve or fifteen'months ago. In cheap furniture there had been a heavy reduction.

.In upholstered lines there has been also a considerable reduction, owing to the lower cost of fabrics.

CROCKERY PRICES

AUCKLAND. April 19,

In common with many other household commodities, crockery has decreased in price considerably during the last six months, heading Auckland importers state that there has been a. drop of from 1(1 to .33 per <ent. sonic lines having experienced a greattr reduction than others. \Viih regard to future prices, one importer said that at the beginning of ‘he year a number of large BrilMi manufacturers fixed prices for tiie next twelve months, and unless some fr: -vi development occurred, these p'-ice, ini' hi .-(and. The reduction was stated to ho fluidly to the' fall in r 'u’ price or coal and tho lowering ol Irei.dit rates. Shipping c cndiliniis r. ere stated to have improved very much laitly. and supplies were now received v Uhin four or live months of the pin; ing of an order, whereas during the va : ' years delivery might take from om io three years. Oic point mentioned was that prnoti( ■ illy all the crockery now coming .to Zealand was British made. Discussing the class of ohinawar ( , mostly ' n demand at the present, time, an imporlcr said that Micro was not, quite yo rawly a sale for expensive and high grade goods as there existed some years ago. XEI.SOX APPLIES IX LONDON. XEf.SOX, April IS. The A\Vtl!i:i!eland's apples, ih.o first ■out I i'o m Ned son to London this season, were plated on tlse market last week. !alornial :ou has been received by the Nelson hiaoch of the Xcw Zealand •'armors’ ('o-ojierat ivc Association, which hain'lcd several of the AVestmoreluml’s consignments, that the apples eelised as fellows:

Dunn's, i 7s to 20s ; Cox’s Ornn go, 21 s, OOs brand unknown), 21s, 27; AA’orces:er Penrmuins, 17s (id, 225. The Xelson lirniicli is advised lliai 'litter pit is causing a difference, and some allowances to buyers is possible.