STILL DEARER CLOTHES.
PRICES TO RISE HIGHER. Thee is no foundation for the recent statement that; clothing prices are falling (writes a trade correspondent, of a Loudon paper). The tendency, m fact, is all in the other direction. Woollen outer clotliiu», hosiery 'and underwear in particular, are all advancing in price, and will be much dearer during this autumn than they were twelve months ago.
A*further increase is certain to come into force next , spring,'for which season most retailers have alreadv placed a large proportion of their orders. Cloth manufacturers' quotations continue to .rise, and the output of the majority of the mills is fully booked till the middle of next, year. In one or two cases delivery in I (121 is the earliest that can be promised. Immense quantities of material are hcing sold to Continental countries. One quality of woollen cloth which was obtainable before the war for fis 6d a yard had risen by the date of the Armistice to l!)s <)d. Since then it has increased a further 14s, anil is likelv to go higher still. The demand fo'r drapery and clothing is far in excess oi production, and until the needs of the world s markets are satisfied no decline m prices can be expected.
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Taranaki Daily News, 8 January 1920, Page 6
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210STILL DEARER CLOTHES. Taranaki Daily News, 8 January 1920, Page 6
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