PRICE CONTROL PLAN FOR SPORTS GOODS
(P.A.) _ WELLINGTON, April 5. The Price Tribunal today issued a decision approving an application by the director of price control on a new method of controlling prices in the sports goods trade.
The director had submitted previously a schedule of automatic markups for wholesalers and retailers which were lower than those formerly in effect and which, if adopted, would mean a reduction in consumer prices of between 5 and 7J per cent. The tribunal’s decision is that the new schedule of mark-ups should be enforced. A new method of arriving at the landed cost of goods is also included in the tribunal’s decision. Some 33 different sporting lines are affected.
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Bibliographic details
Gisborne Herald, Volume LXXVI, Issue 22915, 6 April 1949, Page 9
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116PRICE CONTROL PLAN FOR SPORTS GOODS Gisborne Herald, Volume LXXVI, Issue 22915, 6 April 1949, Page 9
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