DEARER TOBACCO
New Scale For Nine Lines RISE OF ONE PENNY The prices of eight lines of tobacco and one line of cigarettes were increased by Id. in Wellington on Monday. The higher prices were stipulated in a revised price list issued to the tobacco trade, a foreword stating that they were in accordance with the Tobacco Council's decision to maintain the ratio of profit to the retailers'. An explanation was given last night that when the last price list was issued, following the announcement of the new duties for war purposes by the Minister of Customs. Mr. Nash, the usual ratio of profit had not been allowed. It was explained that in the sale of tobacco and cigarettes a fixed ratio of profit was allowed wholesalers and retailers. and the revision was necessary to maintain the ratio. One of tlie effects is that the lines of tobacco have increased 4d. for two ounces since August.
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Bibliographic details
Dominion, Volume 33, Issue 68, 13 December 1939, Page 6
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156DEARER TOBACCO Dominion, Volume 33, Issue 68, 13 December 1939, Page 6
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