MEAT PRICES AT HOME
BUTCHERS’ MARGIN OF PROFIT. COUNCIL URGES REDUCTION. CPree* Association— By Xeleg<mph— Copyright.) LONDON, December 3. Though butchers gave evidence before the Food Prices Commission in 1925 that 20 per cent, on the cost was a fair gross profit, the Food Council’s report, published to-day, says; “The council has carefully watched the Sraithficld retail price lists for the guidance of housewives, and has found that over a period of 26 weeks in 1920 the prices of Scottish and Argentine beef were 50 per abo\e cost, and in one w T eek 70 per cent.” The council questions the worth of the lists, which, it says, do not observe any consistent theory of margins, but appear to be based on individual butchers’ ideas of profits. “If the witnesses are correct,” it says, “there should be substantial reductions. For example, beef in October should have been from Id to 2d per lb cheaper, and English mutton and beef from 21d to 3d cheaper.”—A. and N.Z. Cable.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ODT19261206.2.62
Bibliographic details
Otago Daily Times, Issue 19965, 6 December 1926, Page 9
Word Count
167MEAT PRICES AT HOME Otago Daily Times, Issue 19965, 6 December 1926, Page 9
Using This Item
Allied Press Ltd is the copyright owner for the Otago Daily Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in