BREAD AT HALF PRICE.
LOAVES! AT 2*d EACH.
WAR BETWEEN GROCERS.
PUBLIC REAPING BENEFIT.
[by TELEGRAM.OWN correspondent.] CHRISTCHURCH, Saturday. An unusual war is being -waged between two grocers in the northern part !of the city. The chief ammunition that I is being fired at the public at less than I cost price, is bread. The two i grocers are near neighbours as far as i their business premises are concerned, ' but that fact is not the whole reason for ' the present battle. A month or so ago | the grocers were in partnership, but the I partnership was dissolved. The name | of the business was then changed and !as far as the public were concerned i that seemed to bo the end of the matter. |In the meantime, however, ono of the j partners was making arrangements to ! open a business on his own. The next episode in the drama occurred ! last week when passers-by were sur- : prised to observe another grocery estab- ! lishment opening up. War was declared I and the public were kept advised of the progress of the campaign by bulletins in \ the respective windows. A start was made with bread. One ! started selling it at 5d per 21b. loaf and ! the other reduced his price to the same level. A few hours later down came I the price to This also was copied i by the neighbour, but the price did not ; long remain at that figure. It descended I quickly to 4d, then 3Jd, and then 3d. i According to the latest bulletin the bread ; was being retailed over the counter at I 2jd a loaf. Residents in the vicinity of ! the two stores are reported to be buying ;up extraordinarily large quantities of I bread.
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Bibliographic details
New Zealand Herald, Volume LX, Issue 18566, 26 November 1923, Page 10
Word Count
290BREAD AT HALF PRICE. New Zealand Herald, Volume LX, Issue 18566, 26 November 1923, Page 10
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