PRICES AND PROFITS

Evening Star, Issue 17369, 3 June 1920, Page 7

PRICES AND PROFITS

CTrARCM-: AGAIXST CHEMIST. [Per Untied Pkes? Association.] T , HAV,-!-:?..A, June 3. Iu the cti.se against George Tait, chemist, charged with making ;m unreasonable profit from thcsalc of a- 4oz pot of Chceseborough vas-slino at Is M. further evidence was given by the secretary of the Friendly Dispensary, v.b,, stated that last- year's return was unsatisfactory. _ 1 h-' Board of Trade's local representative stated that a fortnight ago one chemist reduced the price of vaseline to Is. Previously JJiey were all selling at Is 3d. Hubert Stars, accountant, said ho had made upJTait's profit and loss trading account. The return on the capital invested was not high. In hi* opinion, the return wa,? low, taking all the circumstances inkconsideration. After evidence had been given by the defendant as to the detail.-* 0 f his business, Ueorge Duncan Law. first assistant to Mother chemist, stated that hs had, pre yiously worked for a chemist in Lyttolton. \\ ltness ba-d sold large pots of "vaseline there at Is 3d. lie considered it was otiite a fair price. Tliat was the genera] opinion. In saying this he had regard to the primary Jaw of chemists, not to split threepenny bits. The Magistrate intimated that he would give his decision in writing.