SMITHFIELD PRICES.
BUTCHERS’ BIG PROFITS. (Received Saturday, 9.4.> a.m.) LONDON. Friday. Though butchers gave evidence before the Food Prices Commission in that 20 per cent on cost, waS a fair gross profit, Hie Food Council’s report to-day says that the Council lias carefully watched the Smithfield retail price lists for the guidance of housewives, and found that over a period of 2<i weeks in 192(5, prices' of Scottish and Argentine beef were 50 per cent above cost, aud in one week 70 per cent. The Council questions the worth of the lists, which do not observe any consistent theory of margins, but appear to be based on individual butchers’ ideas of profits. ‘‘lf witness'd* are correct, there should be a substantial reduction. For example, beet in October should bo Id to 2d pgr pound cheaper, and English mutton and beef 2A if to .‘id.
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Wairarapa Daily Times, 4 December 1926, Page 5
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144SMITHFIELD PRICES. Wairarapa Daily Times, 4 December 1926, Page 5
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