MEAT PRICES IN BRITAIN
MARGIN ABOVE COST FOOD COUNCIL’S REPORT By Telegraph.—Press association, copyright. London, December 3. Though the butchers in evidence before the Food Prices Commission ’n 1925 stated that 20 per cent, on cost was a fair gross profit, the Food Council’s report to-day says that the council, having carefully watched Smithfield retail price lists for the guidance of housewives, found that over a period of 26 weeks in 1926 the prices of Scottish and Argentine beef were 50 per cent, above cost, and in one week 70 per cent. The council questions the worth of rhe lists, which do not observe any consistent theory of margins, but appear to be the basis of individual butchers’ ideas of profits. If the witnesses were correct in their evidence, there should be, contends the council, substantial reductions. For example, beef in October should have been Id. to 2d. a pound cheaper, and English mutton and beef 2|d. to 3d. cheaper.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/DOM19261206.2.95
Bibliographic details
Ngā taipitopito pukapuka
Dominion, Volume 20, Issue 61, 6 December 1926, Page 11
Word count
Tapeke kupu
160MEAT PRICES IN BRITAIN Dominion, Volume 20, Issue 61, 6 December 1926, Page 11
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Dominion. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in