COPY
31.
Enclosure No.to
10th March, 1927.
W.V.Jenkins, Esquire,
Far East Section
Overseas Organisation,
Federation of British Industries,
39, St. James Street,
LONDON
SW 1.
Dear Sir,
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Piece goods clearances have been particularly good during the past six weeks but the only business done has been repeats on a restricted scale. Metals, Window Glass, and Sundries are also moving steadily. Dealers are apparently content to live a hand to mouth existence and the result is that the decreased ordering has made this market healthier now than it has been for many years past. Only about 30/40% of the normal business is being done, but its sound nature compensates to some extent for the reduced
turnover.
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Yours faithfully,
(Sd). G. V. SEWELL