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An amount of £500,000 a rear is lost by shoplifting in New Zealand, according to an estimate, by. the official organ of the Drapers, Clothiers and Boot Retailers’ Federation. It is stated that “rightly or wrongly the draper of the Dominion can po longer disguise the fact that losses duo to this pernicious and increasing practice are assuming such proportions that protection of a highly scientific nature musf he evoked. Shoplifting losses when capitalised at bank rates constitute prodigious figures. The need is for a permanent organisation in the Dominion which would and could , give. . shopkeepers some alleviation from this menace. Of necessity, the staff of such a concern would have to be highly and scientifically trained, and above all, have the supervision of an almost superman.” Intimation that by the time its financial statement is presented the Hawke’s Bay Electric Power Board ‘should be able to show a reasonable credit balance and that for that reason the board might he able to see its way to a further reduction in the charges for power to consumers was given by Mr. T. 11. Crosse at a recent' meeting of the board t

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https://paperspast.natlib.govt.nz/newspapers/GIST19350422.2.11

Bibliographic details

Gisborne Times, Volume LXXXII, Issue 12534, 22 April 1935, Page 2

Word Count
192

Untitled Gisborne Times, Volume LXXXII, Issue 12534, 22 April 1935, Page 2

Untitled Gisborne Times, Volume LXXXII, Issue 12534, 22 April 1935, Page 2