Page 7 Advertisements Column 3

North Otago Times, Volume CVII, Issue 17748, 11 March 1927, Page 7

"Probably it is more difficult than usual at the present time to foretell with any substantial degree of accuracy the trend of trade during the coming year. It looks as though the immediate future will be much more free from lahour difficulties than the last few years and that in itself will give a feelng of confidence to buyers and manufacturers to enter into commitments for the future. Arrears of orders due to the coal stoppage will probably help to swell the volume of business in the first half of the year. It must not be-imagined however that the consequences of tlie prolonged stoppage are all behind us. Dividends in many directions must suft'er with the resultant diminution of purchasing poAver, and there is also th evast accumulated loss of purchasing power of thc large numher of workers directly and indirectly affected. To restore conditions to normal will require infinite patience during a long period of nnremitting effort. ' — Sir .T. Gem*gc Beharrell, D.S.O. managing diracror, inuilop Ruhber Co., Ltd,, in "Sysfrin."