LOTTERY PROFITEERS.
BUENOS AYRES AGENTS. BUENOS AYRES, March 28. That the inexorable law of supply and demand applies to articles such as lottery tickets as well as to more necessary commodities was strikingly demonstrated to Buenos Ayres lottery agents last week. Owing to the fact that the demand for tickets is, as a rule, greater than the supply, these agents customarily charge a handsome premium upon the face value of the tickets —this in addition to the rake-off allowed them by the lottery administration. Many attempts have been made to curb their rapacity, but all have failed because no law can prevent a man offering ten pesos for an eight peso ticket if he chooses to do so. For reasons which it is impossible to divine, the public showed no desire to acquire tickets in last wet k's. drawing— although they had feverishly competed for those of the previous week, and are doing the same again this week. The result of their shyness was that the dealers were left with thousands of tickets on their hands. Some of them say that it will require six months 'honest trading' —that is to say, profiteering, to enable them to recoup thijir losses.
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Auckland Star, Volume LXVI, Issue 106, 7 May 1935, Page 17
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200LOTTERY PROFITEERS. Auckland Star, Volume LXVI, Issue 106, 7 May 1935, Page 17
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