Page 4 Advertisements Column 3

Taihape Daily Times, Volume XII, Issue 3603, 15 October 1920, Page 4

he Mercantile Gazette says: About | the middle of last month a cable mes- ' sage from London stated that there J would' be considerable unemployment j during the coming winter. Trade is ah-eaSy particularly in.the cofcI ton woollen, boot, and motor manufacturing :-ndustries. This means 'hot <ho great rush for clothing having ceased, rootle, are buying spar-hgiy, and it would not pay manufactu.- \4 t> go on manufacturing goods atjJk, «ost. More recent messages *™>d ductions in selling prices of manufacturing countries, and f rom the United State. r ßT >orts have come of reduetxons in iaetnred articles \v a „ •■* -rt- -u . * Ue aro m °st likelv at «e begmmng of a steady downward movement in commidit. valles, and we .hall probably. have a repeti.tmn of the long period of quietness which began then* 188] 0r 1W52 . and culminated in a financial crisis in Australasia in 1893 and 1894.