AMERICAN TRADE.

Hokitika Guardian, 23 April 1923, Page 4

AMERICAN TRADE.

.MAN IT IC7TR KRS DCS','. The ]-•- ilion of the manufacturing in-dii.-tiies in the ITiiietl Slates at t! i■ ■ present lime is a peculiar one, accord- i ing to r report dated February litli. ! I from .Mes.-rs Mailler and Oueivuu. ol I i New York. “Ii is surprising the garni volume j • of business that is being Iran ■ l-l-I. j that, manufacturers of ;dl kind- of : I goods are running io full erpe-ny i many of them overtime, an 1 me m il I unable to lill the orders tliai are o.Teriug. For certain lines of goods large | oreinium- are being offered for early deliver!, and even with this in.ii’eneait. Manufacturers are uttnh’c to nc- ( pi v.bat i- offered to them. '! I.c : I.'i iness development t hroughoet the j Foil ail Stales during the pa l ! Month-, Inis been r* markable, and i. Y-e I there "as doubt and he.-atamy in many j ilir:a lions, everytking is man so pro- I misiag that. all pavlie- are eoulideiil o! ! a big and ’/lowing borim-s-. 1.-. r Go- j year, and lea.dy t■» venture oil all bonl- i of undc'-iehing-. The domestic d, on'm! j lor - Muds e. .-.ii taiilly on lbe in- j l; i pro ell 1 i■e ■i ! ~i-. . a in! all clas-es ~[ I in. i'chaiuii-s- me in ''<ti\i' d .uaiui. I both tor proioja and for Inline livery. Tide unfortunately means ui- j er’-a-ed co«l ol liei-.lltd preduc:* and higher lost lo Die ion umer. ulm aiways ba- to (ic i; in He end. Raw ma.ieri-: I- are being purlui.-t d a,- rani ily j a-, limy are proilu’-e-.1. and in -om-.' I lies, j sm-li as pig iron and lumber, pro-ha - j Don is not t’early sulliei ”a to me -t i ti e demand. Labour (olidilou-. ar-' iciy Ui.'m. ..ei aide lor v. ilh the limited amount - ; ! skill’d b.boiir tliroii’.'iioill cl.” coii.itvv. tile labour unions are taking advenler'. I (be po-ition and cither calling .-tribeor demanding greatly iucre.’iseil wages, h, the building trades the minimum wage at | re-'-ui i- Ri dollars a d-iy. but tile demand lias been so great that in j many instances double ibi- v. eg'* ims been. paid ; whfl” for 11 H' :i lilies. -ueli as pla• term:: a o lirieklaying. same of the union men are u-king a- high at 25 d".’.os to >D dollars j day. It is impo--i! |e foi manufacturers rud btnlde. < •<> m;a l Go., increas'd "age- and increased ce-i. and undoubtedly the effect ol these extreme demands will to tell in an unfavourable v.ay in the near Int'.ie. Meanwhile, mu- Government shows no disposition to modily 11 to imi.ugra t .on laves In making it possil.lt> to secure a larger volume ol skilled ieoucr. I lie political influence of the laboei vote isc gioat that all the parti.’’ ke-;t't> L-- challenge it and change on; laws to make them mo.-1 reasonable ,vd i-pio aide. ships subsidy bill John Dunn. Sun an-i Co. ol N.-w Yor!:. writing under date Alarcli

.'it'u.. slates that the Shins isidsidy Hid lias been laid aside by Congi ess. and muv never he taken up again, in Inal, it is riinvv.ile-d that a pi in i.~ now under oonsideraliei! to di • ;’•••' •• nl themin' Shipping Board fleet !c a combination of the large shipping interests here, thus closing the fiotvi nmeiu interest into private hand-.. Tim report further states that for the eleven months to Dovn.-or Ist 1022. Hi • value of impoits. win 2821 million dollars, against 2272 millam dollars during the same period in 1. Lupoids of gold last, month were again heavy at ' 32,818.000 dollar:-, but the outflow wa- also important, so that the net import balance was only 2 1.3-10.000 dollais. The coin'nued advance in sterling exchange is attracting attention to the possihrity ot a return of some of this to London at no verv distant time.