AUCTIONED GOODS
Sir, —The paragraph published in Monday's "Post" about the excessive price a tractor brought at auction prompts me (having just returned from Australia) to tell you that the Price Commissioner there put a ceiling on all prices at auction on April 12 last. No used or second-hand goods of any kind may be sold at auction at more than 75 per cent, of the price .of the article new. In the case of new ' goods damaged by sea water sent to auction the auctioneer must first submit such to the Price Commissioner, who will rule the price at which they may be sold. All bulk lines are also submitted1 for a price ruling. In this way the public are protected. The Price Tribunal in New Zealand should take similar action. Only recently a bale of textiles damaged by sea water was sold by auction and brought 20 per cent, more than the importer asked for the same goods in the warehouse in Wellington. I sincerely hope the Price Tribunal will get busy at once and give rulings about all goods submitted by auction.—l am, etc., FAIR PLAY.
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https://paperspast.natlib.govt.nz/newspapers/EP19430819.2.22
Bibliographic details
Evening Post, Volume CXXXVI, Issue 43, 19 August 1943, Page 4
Word Count
189AUCTIONED GOODS Evening Post, Volume CXXXVI, Issue 43, 19 August 1943, Page 4
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