PRICE OF OATS
MINISTER’S COMMENT ON RECENT ORDER (P.A.) WELLINGTON, April 9. Commenting on the price order which has been issued by the Price Tribunal fixing the prices for all grades and qualities of oats at not more than the price ruling on March 28, 1941, the Minister for Industries and Commerce (the Hon. D. G. Sullivan) said that the prices operative on that day became the standard prices. If no sales were made on that day, prices relating to the last preceding sales became the standard prices. “The standard price is that at which oats of a given nature and quality were saleable in that locality in given quantities and/or given terms, as to payment, delivery, or otherwise,” said the Minister. “Any new firm or person commencing in any locality to be engaged in the business of selling oats after Match 28 is prohibited from selling oats .in that locality at a price exceeding the standard price.” It was not contemplated, the Minister added, that this price order would remain in operation for more than a brief period. The likelihood was that it would be superseded by a fresh order, fixing nominated maximum prices, grade for grade, possibly for milling oats only. .
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Bibliographic details
Press, Volume LXXVII, Issue 23301, 10 April 1941, Page 6
Word Count
203PRICE OF OATS Press, Volume LXXVII, Issue 23301, 10 April 1941, Page 6
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