MAY 1 DEADLINE FOR PRICE CUTS IN FOOD AND LIQUOR
(P.A.) WELLINGTON, April 8. The Price Tribunal was satisfied that wholesale merchants had had enough time to clear stocks of foodstuffs, wines and spirits which were imported before the exchange rate was restored to stated the Minister of Industries and Commerce, Mr. A. H. Nordmeyer, last evening. He was commenting on a notice in yesterday’s Gazette specifying May 1 as the date from which the present authorised wholesale prices for any remaining stocks of these commodities must be amended to exclude from the costs the difference between the earlier and the, current rates of exchange. The Minister said that other commodities would be the subject of deadline dates.
Imported hardware and soft goods were at present under investigation and dead line dates, after which exchange reductions must apply, would be announced in due course.
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Bibliographic details
Gisborne Herald, Volume LXXVI, Issue 22917, 8 April 1949, Page 4
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144MAY 1 DEADLINE FOR PRICE CUTS IN FOOD AND LIQUOR Gisborne Herald, Volume LXXVI, Issue 22917, 8 April 1949, Page 4
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