Manawatu Herald. TUESDAY, JUNE 20, 1905. SLACKNESS OF TRADE

Manawatu Herald, Volume XXVII, Issue 3536, 20 June 1905, Page 2

Manawatu Herald. TUESDAY, JUNE 20, 1905. SLACKNESS OF TRADE

Makv j)e. j>K in W iiingion. a i i* porv poinis mil, are beginning to lose faith in the n;;:orls u) the Labour De partmciU. 'i in* oilier nav Mr MackAV wasMnnVii {o bbhidrfdvin regard to the number ol nnemj'ioyed, iUt'.l mbv file l.ni/rur noparlmmiPs repot ts regat'dthe femil in Wellington is said, t.i ha ca-i-orToliL The ‘‘.Post has interviewed m number o'l ihc'Se i deresfed mkj hds aide to judge, and the Cvhlt’Pr?. ip I;hU1 t i ihePUinnnrie ; in (He “ i cibo'iM'Juitrn :!.” points ‘o a slackness or trade U.rtan ling dver pie past three months. Mr Haukis, of M, Harjfi§ and Christchurch and Vfellit lifbn, shyc Put Ci'.’h'c ig f )y tightness of money tlifongn ore!' .''I’.TCIP lalio.t in property. Tlie assistant manager of a wed-known wholesale house tint handies almost everything but soft goods and groceries, said that during tlie List iweive nkhiihf Uf h-ui not seen in the retail trade the prosperity- t hat the Government and the pipers talked about. Stocks left in the warehouse were proof tha t line retailer did not, want them, which waft proof that the consumer was backward, which in turn was de dm Give ol the idea ot a prosperous ret Ml trade. He had had to write home to his inquiring principals, and inf nn them that trade was not always as roseate as the papers said. There -.-. a.-; practically a stagnation, and ho thought the reason was over-specula'ion. Trade in l:>.; vomitr; •.-.a-. .1 r.haJt- he.‘or than trade i.i Wellington. Ah•id of a department in one of the largest soil goods warehouses stated that retail trade was not what it should be. As to soft goods, there was, with perhaps one c Acvpnon, noi a retailer in the city doing the business lie. did (his lime b.si year. In the country, it was belter. Palmerston North was sound, but Taranaki and Wanganui were bad. In Taranaki they had been paying too much foil their land.