PRICES OF OATS
FIXED N.Z. RATES EARLY REVIEW LIKELY MINISTER'S EXPLANATION (I’er Presu Association.) WELLINGTON, this day. Commenting on the price order which had been issued by the Price Tribunal fixing prices for all grades and qualities of oats at not more than the price ruling on March 28, 1941. the Minister of Supply, the Hon. D. G. Sullivan, said the prices operative on that day became the standard prices. If no sales were made on that day. the 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 March 28 is prohibited from selling oats in that locality at a price exceeding the standard price." It was not contemplated, the Min- \ ister added, that this price order would j remain in operation for more than a brief period. The likelihood was that | it would be superceded by a fresh [ order fixing nominated maximum j prices, grade for grade, possibly fori milling oats only.
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Bibliographic details
Gisborne Herald, Volume LXVIII, Issue 20527, 10 April 1941, Page 3
Word Count
208PRICES OF OATS Gisborne Herald, Volume LXVIII, Issue 20527, 10 April 1941, Page 3
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