HOARDING TO GET HIGHER PRICES DENIED
SYDNEY. Aug. 30The States will take action when they assume the price control on September 20 to ensure that the public gets the benefit of the Commonwealth subsidies paid on woollen goods. The New South Wales Minister of Labour and Industry, Mr. F. J. Finnan, quoted a letter written by the chairman of the Wool Realisation Commission, Mr. J. Murphy, suggesting that manufacturers, wholesalers and retailers were holding up supplies to get higher prices. ...... In Melbourne the president of the Master Tailors and Cutters' Society. Mr. K. Parlon, said the shortage of suitings had never been worse. Wholesalers deny allegations of hoarding and say that £8,000,000 worth of subsidised goods, which Mr. Finnan claimed had not reached the market, are still passing through manufacturing processes. They believe that it will be six months before the last of this material reaches the public.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GISH19480831.2.41
Bibliographic details
Gisborne Herald, Volume LXXV, Issue 22730, 31 August 1948, Page 5
Word Count
148HOARDING TO GET HIGHER PRICES DENIED Gisborne Herald, Volume LXXV, Issue 22730, 31 August 1948, Page 5
Using This Item
The Gisborne Herald Company is the copyright owner for the Gisborne Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.