PRICE OF THE LOAF.
NO ENORMOUS PROFITS. A BAKER'S CONTENTION. (By Telegraph.—Press Association.! DUNEDIN. this day. At the Master Bakers' Conference, Mr. W. R. Andrews delivered an address to demonstrate that the Xew Zealand bakers were not making enormous profits as compared with the world parity. Taking the last-griven figures on the prices of bread —Wellington 7d. London 4Jd, Sydney 53d. Melbourne is?>d —he stated that, on a basis of striking the medium of the parity. this made the New Zealand price 6£d, but the conditions were ■not akin. The Home prices were not really small. Wages here were double all round, while one ton of flour in England meant 22401b5, as against 20001bs here. Large plants were the cause of the prices in England, and the output there was 53 sacks of 2801b each, per man. per week, or nearly five times as much as here.
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Auckland Star, Volume LVII, Issue 59, 11 March 1926, Page 8
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147PRICE OF THE LOAF. Auckland Star, Volume LVII, Issue 59, 11 March 1926, Page 8
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