NEWS BY MAIL
LACE TRADE IMPROVES. LONDON. Sept. 7
The lace trade is beginning to feel the benefit of the protection given under the Safeguarding of Industries Act, a marked increase in inquiries and orders having reached Nottingham lor the home market during the last few days. The improvement would have set in earlier had it not been for the large quantities of lace that were especially imported to escape the duty. IHe orders are as yet small and are almost exclusively for those styles of lace m which the. competition of France and Germany have been most keenly telt. Prices' so far have been practical y I unaffected, except in regard to silk lace, where the silk tax is making a slight difference. The export trade is still very depressed, but with a bigger output tor the home supply manufacturers, whose plant is not as yet running to more than 30 or 40 per rent, ot its capacity, expect to lower their costs to such an extent as to enable them to get >ac.v some of their lost foreign trade.
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Hokitika Guardian, 16 November 1925, Page 3
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181NEWS BY MAIL Hokitika Guardian, 16 November 1925, Page 3
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