SOFT GOODS TRADE
ABOUT PROFITS. By Tolegrapl)—Press Association. Auckland, March G. The Dominion conference of representatives of the soft goods trade pasted a motion that'some sort of profit-sharing between employers and employees in the trade is desirable. It also affirmed that tlio order recently issued by the British Board of Trad?, as a guido to tribunals dealing with profiteering conceded what the traders had all along affirmed was a reasonable profit. Conference also lesolved that in deciding whether the price charged for any particular article is reasonable, regard must be paid to all the circumstances of the case, including not only tho initial cost pricc of the article, but tlw current market price of similar articles; that if the retailor is compelled by force of'circumstances to sell at a loss goods which havo fallen in value, it is only reasonable that ho should Teap some advantage from tho corresponding increase in price; that where capital has been locked up in goods in stock for some time, expenditure has been incurred in tha storage of goods.
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https://paperspast.natlib.govt.nz/newspapers/DOM19200308.2.18
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Dominion, Volume 13, Issue 139, 8 March 1920, Page 6
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175SOFT GOODS TRADE Dominion, Volume 13, Issue 139, 8 March 1920, Page 6
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