PROFITEERING CHARGE.
A GROCER FINED £lO. Wellington, July 23. Mr. Page. S.M., gave reserved judgment in the case Board of Trade v. David Anderson and Son, grocers, on a charge of profiteering on the sale of a 25 !•. bag of flour at the price of 7/6. < The Magistrate held that the price of this particular article considered the relatidh of the whole business when fixing the penalty, tuough*a prima facie case was established. Jf it was shown that tilt? price of that article was unreasonably high and he,considered the profit made of 68 per cent, unreasonable, but taking into consideration the facts that defendant’s business had not been a payable one for some years, and that they' had been wrongly advised ol an increase in the wholesale price, he fixed the penalty at £lO and costs.
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Bibliographic details
Hawke's Bay Tribune, Volume X, Issue 187, 23 July 1920, Page 6
Word Count
136PROFITEERING CHARGE. Hawke's Bay Tribune, Volume X, Issue 187, 23 July 1920, Page 6
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