PRICE OF GROCERIES.
AUSTRALIAN COMMISSION’S REPORT. CAUSES OF HIGH PRICES. Australian and N.Z. Cable Association. Received April 27, 9.40 a.m. MELBOURNE, April 27. The Inter-State Commission's report on the price of groceries finds that the higher prices are due, amongst other causes, to wasteful methods of distribution, and the heightened spending power of the community owing to the Government’s large war expenditure, a contributing cause being also the dominating position occupied by the associations of wholesale merchants.
As instancing the absurd waste, and the unremunerated effort of capital is connection with email grocery businesses, the report states that 69 representative shops in the metropolitan area, with a turnover of .£403,000, are conducted at a nett lose of i>1874. Only 39 made a nett profit of JE76 each.
The Commission recommends co-opera-tive enterprise with a view to cheapening prices. They found evidences on the wholesale and manufacturing sides of trade organisations developing rigid exclusiveness, threatening to harden into monopoly. *
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https://paperspast.natlib.govt.nz/newspapers/WH19180427.2.28
Bibliographic details
Wanganui Herald, Volume LII, Issue 15496, 27 April 1918, Page 5
Word Count
158PRICE OF GROCERIES. Wanganui Herald, Volume LII, Issue 15496, 27 April 1918, Page 5
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