TRADE CONDITIONS AT HOME

Hokitika Guardian, 9 November 1928, Page 8

TRADE CONDITIONS AT HOME

JAIRROVE.MEXT COMING

PROSPECTS KOII DOMINION PRODUCE.

AUCKLAND, November d

That there would he a very go d season, speaking generally, dor New Zealand primary produce, was the opinion expressed hy .Mr W. S. Rennett, Now Zealand supervisor for Dalgety and Company, Ltd., who returned hy the Aorangi from a business visit to the Continent and England, and it is on his observations there that his conclusions are based.

Tt wiiy difficult to give an accurate market forecast at this stage of the season, said .Mr Dennett. Trading conditions in England were still somewhat adverse and the woollen industry was suffering, hut markets for meat and dairy produce were in quite a healthy condition. Conditions under which New Zealand produce was being marketed gave no cause for complaint. It' wa.<S being very well looked after and the Empire Marketing Hoard was doing good work. lie had seen numerous effective advertising displays in London and the provinces and in Scotland. Coal, steel, and wool industrial concerns at Home were in some cases experiencing difficult times, hut all others were working very hard indeed. “Tin* English people all have their shoulders to the wheel and are wot Icing verv hard,” lie said. “ I here is no question that an improvement is coming.” Similar views on the market outlook were expressed by Air 0. R. Croeiiwood, the well-known Canterbury station and racecourse owner, who roturued by the Aorangi after six months holidav abroad. The last English summer, he said, was the best Hritain had known for very many years, hut in industry textile manufacturing concerns were experiencing difficult timo>. However, meat and dairy produce, •'artieularly the latter, were assured of sound markets. “ | do not think there is any reason to believe that there will he a Hall in prices for wool, hut if there is 1 consider it will he very slight and will do no damage,” said Sir William Vicars, 1 director of the firm of John \ mars uul Company, l td.. Sydney, which controls large woollen mills. He is on his way hack to Australia hy the Aorangi from a five months’ trip to England. .. T iUII sure England has turned the corner,” Sir William added. “ There has been considerable improvement, lately in the iron and shipbuilding trades, and when these improve it is a sign for the improvement of most other things.” There was a great cTea! of unemployment still and depression in certain narts of the country, but nothing ot this was apparent in London, where there was evidence of prosperity and happiness ■on all sides.