ALLEGED PROFITEERING.

Rangitikei Advocate and Manawatu Argus, Volume XLV, Issue 12084, 22 June 1920, Page 5

ALLEGED PROFITEERING.

Unit&d Press Association—By Electric Telegraph—Copyright. Received June 22, 9 a.m. New York, June 21

Federal agents arrested Frederick Gimbei, head of the Great Department Stores, on a charge of profiteering. It is announced that this is only the beginning of extensive prosecutions. It is alleged that Gimbei sold a mohair suit costing 5 dollars and 50 cents for 20 dollars, and a suit of clothing costing 33 dollars for 75, also another costing 15 dollars for 33 dollars 75 cents. Gimbei has been held in 1000 dollars bail for the July hearing.